Insider Purchase by Lee Richard Melvin Jr. (Dir)
Trade Summary
5 days ago, Lee Richard Melvin Jr., serving as Dir at Cardinal Infrastructure Group Inc. (CDNL), purchased 34,000 shares at $36.82 per share, for a total transaction value of $1,252,040.00. Following this transaction, Lee Richard Melvin Jr. now holds 68,254 shares of CDNL.
This purchase represents a 99.26% increase in Lee Richard Melvin Jr.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 14, 2026 and publicly disclosed via SEC Form 4 filing on Monday, August 17, 2026 at 5:40 PM ET, 3 days after the trade was made.
Cardinal Infrastructure Group Inc. operates in the INDUSTRIALS sector, specifically within the ENGINEERING & CONSTRUCTION industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$36.82
Quantity
34,000
Total Value
$1,252,040.00
Shares Owned
68,254
Trade Date
5 days ago
SEC Filing Date
at 5:40 PM ET
Filed 3 days after trade
Discussion