Wimmer Richard Bennett 4
4 · Cardinal Infrastructure Group Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Cardinal Infrastructure (CDNL) Director Richard Wimmer Receives RSU Award
What Happened
Richard Wimmer, a director of Cardinal Infrastructure Group, was granted 2,023 restricted stock units (RSUs) on June 5, 2026. The Form 4 reports the acquisition price as $0.00 (grant), so no cash was paid; the award will convert to common shares if and when the RSUs vest.
Key Details
- Transaction date: 2026-06-05; filing date: 2026-06-09 (timely filed).
- Transaction type: Award/Grant (Code A) of 2,023 RSUs; grant price reported $0.00; total reported acquisition value $0.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: RSUs vest on the earlier of (1) the next annual stockholder meeting following the grant (provided that meeting is at least 50 weeks after the prior annual meeting) or (2) the one-year anniversary of the grant—provided Wimmer remains a director through the vesting date.
Context
RSU grants are a common form of director compensation and do not reflect an open-market purchase or sale. These awards only convert to shares upon vesting under the stated conditions, so they are not an immediate liquidity event.
Insider Transaction Report
Form 4
Wimmer Richard Bennett
Director
Transactions
- Award
Class A Common Stock
[F1]2026-06-05+2,023→ 21,849 total
Footnotes (1)
- [F1]These shares represent restricted stock units ("RSUs") granted on June 5, 2026. The RSUs vest on the earlier to occur of (1) the next annual meeting of the Company's stockholders following the date of grant (so long as such next annual meeting is at least 50 weeks after the immediately preceding year's annual meeting of stockholders) and (2) the one-year anniversary of the date of grant, provided that, in each case, the Reporting Person continues to serve as a director of the Company through such date.
Signature
/s/ Tiffany Gidley, Attorney-in-Fact|2026-06-09