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Cardinal Infrastructure (CDNL) insider reports 29% Class A stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Cardinal Infrastructure Group Inc. disclosed that Erik Daniel West and the West Family 2024 Irrevocable Trust together reported beneficial ownership of 6,114,009 shares of Class A common stock, representing 29.0% of the class as of December 31, 2025.

The percentage is based on 14,947,318 Class A shares outstanding plus 6,114,009 shares that West has the right to acquire within 60 days. West holds 5,095,925 shares through LLC units exchangeable into Class A stock and may be deemed to share ownership of 1,018,084 additional shares held by the family trust.

Positive

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Negative

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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Erik Daniel West
Signature:/s/ Erik West
Name/Title:Erik West
Date:02/17/2026
West Family 2024 Irrevocable Trust U/A dated 3/20/24
Signature:/s/ Erik West
Name/Title:Authorized Signatory
Date:02/17/2026
Exhibit Information

99 Joint Filing Agreement.

FAQ

What ownership stake in CDNL did Erik Daniel West report?

Erik Daniel West reported beneficial ownership of 6,114,009 shares of Cardinal Infrastructure Group Inc. Class A common stock, representing 29.0% of the class as of December 31, 2025. This figure includes shares he can acquire within 60 days under existing rights.

How many Cardinal Infrastructure (CDNL) shares are outstanding in this report?

The report states that 14,947,318 shares of Cardinal Infrastructure Group Inc. Class A common stock were outstanding as of December 31, 2025. The 29.0% stake for Erik Daniel West is calculated using these outstanding shares plus 6,114,009 shares he can acquire within 60 days.

What role does the West Family 2024 Irrevocable Trust play in CDNL ownership?

The West Family 2024 Irrevocable Trust is reported to beneficially own 6,114,009 shares of Cardinal Infrastructure Group Inc. Class A stock, also representing 29.0% of the class. Erik Daniel West may be deemed to share beneficial ownership of the trust’s shares due to his spousal relationship to the trustee.

How are Erik Daniel West’s CDNL holdings structured?

As of December 31, 2025, Erik Daniel West was the record holder of 5,095,925 shares underlying LLC Units of Cardinal Holdings and associated Class B shares, redeemable one-for-one into Class A stock. He may also share beneficial ownership of 1,018,084 Class A shares held by the West Family Trust.

What voting and dispositive powers are reported for CDNL shares?

The filing shows Erik Daniel West with sole voting and dispositive power over 5,095,925 shares and shared power over 1,018,084 shares. The West Family 2024 Irrevocable Trust has sole voting and dispositive power over 1,018,084 shares, with no shared authority reported for those trust-held shares.
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