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
None.
Negative
None.
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.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
CARDINAL INFRASTRUCTURE GROUP INC.
(Name of Issuer)
Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
14154A102
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
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
CUSIP No.
14154A102
1
Names of Reporting Persons
Erik Daniel West
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
5,095,925.00
6
Shared Voting Power
1,018,084.00
7
Sole Dispositive Power
5,095,925.00
8
Shared Dispositive Power
1,018,084.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,114,009.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
29.0 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP No.
14154A102
1
Names of Reporting Persons
West Family 2024 Irrevocable Trust U/A dated 3/20/24
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NORTH CAROLINA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,018,084.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,018,084.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
6,114,009.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
29.0 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
CARDINAL INFRASTRUCTURE GROUP INC.
(b)
Address of issuer's principal executive offices:
100 E. SIX FORKS RD., SUITE 300, RALEIGH, NC. 27609
Item 2.
(a)
Name of person filing:
Erik Daniel West
(b)
Address or principal business office or, if none, residence:
c/o Cardinal Infrastructure Group Inc.
100 E. Six Forks Rd.
Suite 300
Raleigh, NC. 27609
(c)
Citizenship:
United States of America.
(d)
Title of class of securities:
Class A Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
14154A102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The ownership information presented below represents beneficial ownership of the shares of Class A Common Stock as of December 31, 2025, based upon 14,947,318 shares of Class A Common Stock outstanding as of December 31, 2025 plus 6,114,009 shares which the Reporting Person had the right to acquire within 60 days of December 31, 2025 .
Erik Daniel West - 6,114,009
West Family 2024 Irrevocable Trust U/A dated 3/20/24 - 6,114,009
(b)
Percent of class:
Erik Daniel West - 29.0%
West Family 2024 Irrevocable Trust U/A dated 3/20/24 - 29.0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Erik Daniel West - 5,095,925
West Family 2024 Irrevocable Trust U/A dated 3/20/24 - 1,018,084
(ii) Shared power to vote or to direct the vote:
Erik Daniel West - 1,018,084
West Family 2024 Irrevocable Trust U/A dated 3/20/24 - 5,095,925
(iii) Sole power to dispose or to direct the disposition of:
Erik Daniel West - 5,095,925
West Family 2024 Irrevocable Trust U/A dated 3/20/24 - 1,018,084
(iv) Shared power to dispose or to direct the disposition of:
Erik Daniel West - 1,018,084
West Family 2024 Irrevocable Trust U/A dated 3/20/24 - 5,095,925
As of December 31 2025, Erik Daniel West was the record holder of 5,095,925 shares of Class A Common Stock underlying the LLC Units of Cardinal Holdings and associated shares of Class B Common Stock of the Issuer, which may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a one-for-one basis. Mr. West is the spouse of the trustee of the West Family 2024 Irrevocable Trust U/A dated 3/20/24, as amended (the "West Family Trust"), and as a result, may be deemed to share beneficial ownership of the securities held by the West Family Irrevocable Trust. As a result, Mr. West may be deemed to share beneficial ownership of the shares of Class A Common Stock underlying the LLC Units directly held by the West Family Trust.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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
