Form 4 for CDNL Cardinal Infrastructure Group Inc.
Accepted 2025-12-11 00:00:00 ET · period of report 2025-12-09 · accession 0001213900-25-120812 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-12-11 | 2025-12-11 | CDNL | Rowe Michael Bruce Jr. | CFO | D - Sale to Iss | — | -66.1K | 203.6K | -24% | — |
| D | 2025-12-11 | 2025-12-11 | CDNL | Rowe Michael Bruce Jr. | CFO | D - Sale to Iss | — | -595.2K | 1.83M | -24% | — |
| D | 2025-12-11 | 2025-12-09 | CDNL | Rowe Michael Bruce Jr. | CFO | A - Grant | — | +2.43M | 2.43M | New | — |
| DI | 2025-12-11 | 2025-12-09 | CDNL | Rowe Michael Bruce Jr. | CFO | A - Grant | — | +269.7K | 269.7K | New | — |
| D | 2025-12-11 | 2025-12-09 | CDNL | Rowe Michael Bruce Jr. | CFO | A - Grant | — | +2.43M | 2.43M | New | — |
| D | 2025-12-11 | 2025-12-11 | CDNL | Rowe Michael Bruce Jr. | CFO | D - Sale to Iss | $21.00 | -595.2K | 1.83M | -24% | -$12.50M |
| DI | 2025-12-11 | 2025-12-09 | CDNL | Rowe Michael Bruce Jr. | CFO | A - Grant | — | +269.7K | 269.7K | New | — |
| DI | 2025-12-11 | 2025-12-11 | CDNL | Rowe Michael Bruce Jr. | CFO | D - Sale to Iss | $21.00 | -66.1K | 203.6K | -24% | -$1.39M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2025-12-11 | D | D | 66,071 | — | 203,617 | I | — | — | (F2) Reflects the cancellation for no consideration of Class B Common Stock in connection with the redemption of the membership units of Cardinal Civil Contracting Holdings LLC (the "LLC Units"). |
| 2 | Common | Class B Common Stock | 2025-12-11 | D | D | 595,238 | — | 1,834,386 | D By The Rowe Family Irrevocable Trust dated March 13, 2024 | — | — | (F2) Reflects the cancellation for no consideration of Class B Common Stock in connection with the redemption of the membership units of Cardinal Civil Contracting Holdings LLC (the "LLC Units"). (F3) The Reporting Person is the spouse of the trustee of The Rowe Family Irrevocable Trust dated March 13, 2024 ("Rowe Trust"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Rowe Trust. |
| 3 | Common | Class B Common Stock | 2025-12-09 | A | A | 2,429,624 | — | 2,429,624 | D By The Rowe Family Irrevocable Trust dated March 13, 2024 | — | — | (F1) Represents securities received as part of the Issuer's reorganization in connection with its initial public offering, as described in the registration statement on Form S-1 relating to the initial public offering. These securities were previously reported on a Form 3 filed by the Reporting Person. (F3) The Reporting Person is the spouse of the trustee of The Rowe Family Irrevocable Trust dated March 13, 2024 ("Rowe Trust"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Rowe Trust. |
| 4 | Common | Class B Common Stock | 2025-12-09 | A | A | 269,688 | — | 269,688 | I | — | — | (F1) Represents securities received as part of the Issuer's reorganization in connection with its initial public offering, as described in the registration statement on Form S-1 relating to the initial public offering. These securities were previously reported on a Form 3 filed by the Reporting Person. |
| 5 | Derivative | LLC Units | 2025-12-09 | A | A | 2,429,624 | — | 2,429,624 | D By The Rowe Family Irrevocable Trust dated March 13, 2024 | — · — to — | 2,429,624 Class A Common Stock | (F1) Represents securities received as part of the Issuer's reorganization in connection with its initial public offering, as described in the registration statement on Form S-1 relating to the initial public offering. These securities were previously reported on a Form 3 filed by the Reporting Person. (F3) The Reporting Person is the spouse of the trustee of The Rowe Family Irrevocable Trust dated March 13, 2024 ("Rowe Trust"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Rowe Trust. (F4) The LLC Units may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date. |
| 6 | Derivative | LLC Units | 2025-12-11 | D | D | 595,238 | $21.00 | 1,834,386 | D By The Rowe Family Irrevocable Trust dated March 13, 2024 | — · — to — | 595,238 Class A Common Stock | (F3) The Reporting Person is the spouse of the trustee of The Rowe Family Irrevocable Trust dated March 13, 2024 ("Rowe Trust"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Rowe Trust. (F4) The LLC Units may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date. |
| 7 | Derivative | LLC Units | 2025-12-09 | A | A | 269,688 | — | 269,688 | I | — · — to — | 269,688 Class A Common Stock | (F1) Represents securities received as part of the Issuer's reorganization in connection with its initial public offering, as described in the registration statement on Form S-1 relating to the initial public offering. These securities were previously reported on a Form 3 filed by the Reporting Person. (F4) The LLC Units may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date. |
| 8 | Derivative | LLC Units | 2025-12-11 | D | D | 66,071 | $21.00 | 203,617 | I | — · — to — | 66,071 Class A Common Stock | (F4) The LLC Units may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class B Common Stock will be forfeited in connection with the redemption. The LLC Units have no expiration date. |