Cardinal Infrastructure (CDNL) Director Richard Wimmer Buys 7,500 Shares

What Happened

• Richard Bennett Wimmer, a director of Cardinal Infrastructure Group Inc. (CDNL), acquired 7,500 shares in an open-market purchase (transaction code P) on August 17, 2026. The weighted-average price reported was $39.13, for a total value of approximately $293,475. The filing was submitted on August 18, 2026.

Key Details

• Transaction date: 2026-08-17 (reported on Form 4 filed 2026-08-18).
• Price: $39.13 weighted-average; purchases occurred at prices ranging from $39.00 to $39.29 (per footnote).
• Shares acquired: 7,500 shares; total cost ≈ $293,475.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnote: The reported price is a weighted average; the reporting person offers to provide detailed per-trade price/quantity data to the company, shareholders, or the SEC upon request (Footnote F1).
• Timeliness: Filing appears timely (transaction on 8/17, Form 4 filed 8/18).

Context

• This was an open-market purchase (not an option exercise or award). Purchases by directors are often watched by investors as one data point about insider sentiment, but they do not by themselves prove future company performance.