Richard Melvin Lee Jr, Director at Cardinal Infrastructure, bought CDNL on Aug 14, 2026

Data as of Oct 16

▲ BUY$988K27,000 shares at $36.59Richard Melvin Lee Jr DirectorCDNL Cardinal Infrastructure Group Inc.

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Traded: Aug 14, 2026
Disclosed: Aug 17, 2026
Filed: 3 days after the trade

Form 4s are due within two business days.

Official filing (SEC Form 4) ↗

The price around the disclosure

CDNLSimilar stocks (XLI — its sector index fund), rebased to CDNL's price on the disclosure day

CDNL since disclosure

−62.7%

Similar stocks (XLI) since disclosure

−10.0%

XLI — its sector index fund

Change in closing price from Aug 17, 2026 (the first trading day on or after disclosure) to Oct 16, 2026. Dividends excluded. Not a return anyone earned.

Our take

⚪ CFO buys $25K+ of own stock — fired on this disclosure day
Not enough evidence · In past tests: 3.6 percentage points better than similar stocks over 3 months · 2,178 tries
⚪ CFO buys $25K+ of own liquid stock — fired on this disclosure day
Not enough evidence · In past tests: 2.0 percentage points better than similar stocks over 3 months · 1,426 tries

What this rule is doing with CDNL right now

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Other trades in the same filing

▲ BUYRichard Melvin Lee Jr DirectorCDNL Cardinal Infrastructure Group Inc.$264Kdisclosed Aug 17 · filed 3 days after the trade

See every trade on CDNL →