SHANFELTER AUSTIN J 4
4 · Cardinal Infrastructure Group Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Cardinal Infrastructure (CDNL) Director Austin Shanfelter Receives Award
What Happened
Austin J. Shanfelter, a director of Cardinal Infrastructure Group Inc. (CDNL), was granted 3,101 restricted stock units (RSUs) on May 7, 2026. The award is reported at an issuance price of $24.18 per share, for a total reported value of $74,982. This transaction is an award/acquisition (code A), not an open-market purchase or a sale.
Key Details
- Transaction date and price: May 7, 2026 — 3,101 RSUs at $24.18 each (total $74,982).
- Vesting: 775 RSUs vested immediately; 775 vests on June 30, 2026; 775 vests on Sept 30, 2026; 776 vests on Dec 31, 2026 (per footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Form 4 filed May 11, 2026 — within the standard two business-day filing window for this May 7 transaction.
- Transaction type: Award/Grant (RSUs). No 10b5-1 plan, tax-withholding detail, or sale reported in this filing.
Context
RSUs are compensation grants that convert to actual shares only as they vest; 775 vested immediately and are likely now issued to the director, while the remainder are contingent on continued service and vest on the listed future dates. Awards reflect compensation/retention actions rather than direct market purchases or sales and should be interpreted as such.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-05-07$24.18/sh+3,101$74,982→ 8,726 total
Footnotes (1)
- [F1]These shares represent restricted stock units ("RSUs") granted on May 7, 2026. The RSUs vest as follows, subject to the Reporting Person's continued service through each applicable vesting date: (i) 775 RSUs vested immediately upon execution of the award agreement; (ii) 775 RSUs will vest on June 30, 2026; (iii) 775 RSUs will vest on September 30, 2026; and (iv) 776 RSUs will vest on December 31, 2026.