C1 Fund Inc. (CFND) CEO Najamul Hasan Kidwai buys 12,030 shares of stock

Rhea-AI Filing Summary

C1 Fund Inc. Chief Executive Officer and director Najamul Hasan Kidwai reported acquiring 12,030 shares of common stock on 12/15/2025 at $4.93 per share. Following this transaction, he beneficially owned 30,130 shares of C1 Fund common stock directly and 207,607 shares indirectly through C1 Group LLC.

Insider Trade Summary

Net Buyer: 12,030 shares ($59,308)

Net Buy 2 txns

Insider Kidwai Najamul Hasan

Role Chief Executive Officer

Bought 12,030 shs ($59K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	12,030	$4.93	$59K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 30,130 shares (Direct); Common Stock — 207,607 shares (Indirect, Via C1 Group LLC)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

Kidwai Najamul Hasan

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		P		12,030	A	$4.93	30,130	D
Common Stock								207,607	I	Via C1 Group LLC

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/ Najamul Hasan Kidwai	12/16/2025
	** 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) disclose in this Form 4?

The filing shows that Najamul Hasan Kidwai acquired 12,030 shares of C1 Fund Inc. common stock on 12/15/2025 at a price of $4.93 per share.

What is Najamul Hasan Kidwai’s role at C1 Fund Inc. (CFND)?

Najamul Hasan Kidwai is reported as both a Director and an Officer, serving as Chief Executive Officer of C1 Fund Inc.

How many C1 Fund (CFND) shares does Najamul Hasan Kidwai own after the reported transaction?

After the transaction, Najamul Hasan Kidwai beneficially owned 30,130 shares of C1 Fund common stock directly and 207,607 shares indirectly through C1 Group LLC.

When did the C1 Fund (CFND) insider transaction take place and when was the Form 4 signed?

The transaction date was 12/15/2025, and the Form 4 was signed by /s/ Najamul Hasan Kidwai on 12/16/2025.

Is this C1 Fund (CFND) Form 4 filed by more than one reporting person?

No. The filing indicates that it is a Form filed by One Reporting Person.

Does the Form 4 show both direct and indirect ownership for the C1 Fund (CFND) insider?

Yes. It reports 30,130 shares held directly and 207,607 shares held indirectly via C1 Group LLC.