Wimmer Richard Bennett 4

What Happened

• Richard Bennett Wimmer, a director of Cardinal Infrastructure Group, Inc. (CDNL), was granted 3,101 restricted stock units (RSUs) on May 7, 2026. The grant is reported at a per-share value of $24.18, for a total reported value of $74,982. This was an award/grant (compensation), not an open‑market purchase or sale.

Key Details

• Transaction date: May 7, 2026; reported filing date: May 11, 2026 (filed several days after the transaction).
• Price/value reported: $24.18 per share; total value $74,982.
• Vesting schedule (footnote): 775 RSUs vested immediately upon grant; 775 vest on 6/30/2026; 775 on 9/30/2026; and 776 on 12/31/2026.
• Shares owned after the transaction: Not reported in the materials provided.
• No 10b5-1 plan, tax-withholding, or other special codes noted in the provided footnote.
• Filing timeliness: The Form 4 was filed four days after the transaction date and appears to have been filed later than the typical two-business-day requirement.

Context

• RSU grants are a form of compensation for service; the immediate vesting of 775 units provides Wimmer with some shares right away, while the rest are time‑vested and contingent on continued service. Such awards are routine for directors and do not by themselves indicate a personal market purchase or sale.