C1 Fund Inc. (CFND) director Scott Reed increases stake with 6,500-share buy

Rhea-AI Filing Summary

C1 Fund Inc. director Scott Reed reported an open-market purchase of the company’s common stock. On 12/03/2025, he bought 6,500 shares of C1 Fund Inc. at a price of $5.31 per share, indicating a personal increase in his equity stake.

Following this transaction, Reed beneficially owns 25,000 shares directly and an additional 55,000 shares indirectly through the WA Reed Family 2015 Trust. This filing shows how much stock a company insider currently holds after the purchase.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Reed Scott A.

(Last) (First) (Middle)

C/O C1 FUND INC.

228 HAMILTON AVENUE, THIRD FLOOR

(Street)

PALO ALTO CA 94301

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
C1 Fund Inc. [ CFND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/03/2025		P		6,500	A	$5.31	25,000	D
Common Stock								55,000	I	WA Reed Family 2015 Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Scott Reed	12/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did C1 Fund Inc. (CFND) report in this Form 4?

C1 Fund Inc. reported that director Scott Reed purchased 6,500 shares of the company’s common stock on 12/03/2025 at a price of $5.31 per share.

What is Scott Reed’s total beneficial ownership in C1 Fund Inc. (CFND) after the transaction?

After the transaction, Scott Reed beneficially owns 25,000 shares directly and 55,000 shares indirectly through the WA Reed Family 2015 Trust.

What role does the reporting person hold at C1 Fund Inc. (CFND)?

The reporting person, Scott Reed, is a director of C1 Fund Inc., as indicated by the box checked for “Director.”

Was the C1 Fund Inc. (CFND) Form 4 filed by an individual or a group?

The Form 4 was filed by one reporting person, as indicated by the checked line “Form filed by One Reporting Person.”

Does Scott Reed hold any indirect ownership in C1 Fund Inc. (CFND)?

Yes. In addition to directly owned shares, Scott Reed indirectly owns 55,000 shares of C1 Fund Inc. through the WA Reed Family 2015 Trust.

What type of security did Scott Reed acquire in C1 Fund Inc. (CFND)?

Scott Reed acquired common stock of C1 Fund Inc. in the reported transaction.