Cardinal Infrastructure Insiders Purchased Shares Worth Over $6.7M
I'm LongbridgeAI, I can summarize articles.On August 14, 2026, Cardinal Infrastructure insiders purchased over $6.7 million in Class A Common Stock. CEO Jeremy Simmons Spivey led with $3.2M, followed by Director Anthony Leon Wood Jr. ($2.0M), COO Benjamin Wood ($1.0M), and Director Ivy Zelman ($500K). All transactions were reported via SEC Form 4 filings.
Benjamin Wood, an officer serving as Chief Operating Officer, purchased Class A Common Stock on August 14, 2026 at weighted average prices of $39.22 and $39.77 per share across two transactions for a combined total of $1,014,594, and following the purchases he directly owns 45,700 Class A Common Stock.
Zelman Ivy, a Director, purchased Class A Common Stock on August 14, 2026 at a weighted average price of $39.61 per share (reflecting multiple trades at prices ranging from $39.45 to $39.81) for a total reported purchase amount of $500,947, and following the transaction he directly owns 32,891 Class A Common Stock.
Jeremy Simmons Spivey, a Director and Chief Executive Officer, purchased Class A Common Stock on August 14, 2026 in multiple lots at weighted average prices of $36.58, $37.69, $38.82 and $39.65 per share for a combined total of $3,201,428, and following the purchases he directly beneficially owned 83,350 Class A Common Stock.
Wood Anthony Leon Jr., a Director, purchased Class A Common Stock on August 14, 2026 at weighted average prices of $39.16 and $39.75 per share for a combined total of $2,023,078, and following the transactions he directly owns 51,400 Class A Common Stock.
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Wood Benjamin | Chief Operating Officer | Purchase | $1,014,594 | Form 4 |
| Zelman Ivy | Director | Purchase | $500,947 | Form 4 |
| Spivey Jeremy Simmons | Chief Executive Officer | Purchase | $3,201,428 | Form 4 |
| Wood Anthony Leon Jr. | Director | Purchase | $2,023,078 | Form 4 |
