Reed Scott A. 4

What Happened

• Reed Scott A., a director of C1 Fund Inc. (CFND), made open‑market purchases of company stock on June 8 and June 9, 2026. He acquired 10,000 shares at $3.15 ($31,500) on June 8 and 5,000 shares at $3.10 ($15,500) on June 9, for a combined purchase of 15,000 shares valued at approximately $47,000. These were direct purchases (transaction code P), which represent insider buying rather than a sale.

Key Details

• Transaction dates and prices: 2026-06-08 — 10,000 shares @ $3.15; 2026-06-09 — 5,000 shares @ $3.10.
• Total value: ~$47,000 (aggregate of both trades).
• Transaction type/code: P = Purchase (open‑market/private purchase as reported).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes/plans: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the provided details.
• Filing date/timeliness: Form 4 filed 2026-06-09 reporting transactions on 06-08 and 06-09; filing appears timely based on these dates.

Context

• Purchases by directors are often watched by investors as a sign they are adding to their holdings, but the filings are factual records and do not reveal motive. The total dollar amount here (~$47k) is modest relative to many insider trades, so investors may weigh this alongside other signals and company fundamentals.