Cardinal Infrastructure (CDNL) CFO Michael Rowe Buys 7,000 Shares

What Happened
Michael Rowe Jr., Chief Financial Officer of Cardinal Infrastructure Group Inc. (CDNL), made an open-market purchase of 7,000 shares on August 14, 2026. The reported weighted-average price was $36.53 per share, for a total transaction value of approximately $255,710. This was a purchase (insider buy), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: August 14, 2026 (reported on Form 4 filed August 17, 2026). Filing was within the standard two-business-day reporting window.
• Transaction type/code: Open-market purchase (Code P).
• Shares bought: 7,000; weighted-average price reported: $36.53; total value ≈ $255,710.
• Price range: Purchases occurred at prices between $36.27 and $36.55 (footnote states the $36.53 is a weighted average). The filer offers to provide a per-price breakdown on request.
• Shares owned after the transaction: Not specified in the information provided in this summary.
• Footnotes: The filing includes a footnote clarifying the reported price is a weighted average across multiple trades and that the reporter will supply detailed per-trade pricing on request.

Context

• Insider purchases can indicate confidence from management, but they should be considered alongside other factors (company performance, size of purchase, and prior trading).
• This transaction is a straightforward open-market buy (not an option exercise, gift, or tax-related withholding).