Quick Takeaways
- CDNL - Cardinal Infrastructure Group Inc. has 10 insiders with reported activity on this page.
- Net insider value flow over the last year: +$251,440.
- Recent transaction rows are available for direct filing-level review.
- Info
- Insider Trading
- Financials
- Holders
Insider Transactions Reported by 10 Insiders of Cardinal Infrastructure Group Inc.
- Symbol
- CDNL on Nasdaq
- Location
- Raleigh, NC
What Changed
- Buy value: $251,440; sell value: $0.
- Net share flow: <span class="text-green-600">+6,921</span>.
Why This Matters
- This page gives a plain-language issuer insider context before you inspect transaction-level evidence.
- Use the filing links below to verify timestamps, codes, and ownership impacts directly from SEC forms.
Official SEC Source
Insider trading overview
Last 12 monthsNet insider flow leans to buying over the last 12 months. Net value: +$251,440.
Buys
$251,440
Shares: 6,921
Insiders: 1
Sells
$0
Shares: 0
Insiders: 0
Net
+$251,440
Shares: +6,921
Insiders: 1
| Window (months) | Buy shares | Sell shares | Buy $ | Sell $ | Net $ |
|---|---|---|---|---|---|
| 0-3 | 6,921 | 0 | $251,440 | $0 | +$251,440 |
| 3-6 | 0 | 0 | $0 | $0 | $0 |
| 6-9 | 0 | 0 | $0 | $0 | $0 |
| 9-12 | 0 | 0 | $0 | $0 | $0 |
Cardinal Infrastructure Group Inc. executives and other stock owners filed with the SEC include:
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Jeremy Simmons Spivey | Chief Executive Officer, Director, 10%+ Owner | $256,826,808 | Mixed | 10 Dec 2025 | ||
| Erik Daniel West | Officer, 10%+ Owner | $128,394,189 | Mixed | 10 Dec 2025 | ||
| Michael Bruce Rowe Jr. | Chief Financial Officer | $42,798,063 | Mixed | 10 Dec 2025 | ||
| Ivy Zelman | Director | $556,793 | +$251,440 | +82% | Filing P/S | 26 Mar 2026 |
| Mark Mckinney | 10%+ Owner | Mixed | 10 Dec 2025 | |||
| Richard Bennett Wimmer | Director | Mixed | 11 Dec 2025 | |||
| Austin J. Shanfelter | Director | Mixed | 10 Dec 2025 | |||
| Ross Berner | 10%+ Owner | Mixed | 10 Dec 2025 | |||
| Tiffany Leann Gidley | General Counsel and Secretary | Mixed | 11 Dec 2025 | |||
| Richard Melvin Lee Jr. | Director | Mixed | 11 Dec 2025 |
Top shareholders of Cardinal Infrastructure Group Inc. (13F + 13D/G + 3/4/5)
Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.
Methodology: rows are grouped by holder and ranked by the holder's primary source value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
| Holder | Source | Role / Reporting | Ownership % | Shares | Holdings Value | 12M Net Δ | As of | Details |
|---|---|---|---|---|---|---|---|---|
| Jeremy Simmons Spivey |
13D/G
3/4/5
|
Chief Executive Officer, Director, 10%+ Owner |
45%
|
12,229,848
|
$306,724,588 | $0 | 31 Dec 2025 | |
| Erik Daniel West |
13D/G
3/4/5
|
Officer, 10%+ Owner |
29%
|
6,114,009
|
$153,339,346 | $0 | 31 Dec 2025 | |
| Michael Bruce Rowe Jr. |
13D/G
3/4/5
|
Chief Financial Officer |
29%
|
2,038,003
|
$51,113,115 | $0 | 31 Dec 2025 | |
| FMR LLC |
13D/G
13F
|
Company |
12%
|
1,648,071
|
$41,712,677 | $0 | 31 Dec 2025 | |
| Schonfeld Strategic Advisors LLC |
13D/G
13F
|
Company |
8.6%
|
1,285,430
|
$32,238,584 | $0 | 31 Dec 2025 | |
| Ophir Asset Management Pty Ltd |
13F
13D/G
|
Company |
5.3%
from 13D/G
|
986,985
|
$23,865,297 | — | 31 Dec 2025 | |
| ALLIANCEBERNSTEIN L.P. |
13D/G
13F
|
Company |
7.1%
|
942,064
|
$23,626,965 | $0 | 31 Dec 2025 | |
| ACK Asset Management LLC |
13F
|
Company |
4%
|
844,591
|
$20,422,210 | — | 31 Dec 2025 | |
| Ross Berner |
13D/G
3/4/5
|
10%+ Owner |
5.4%
|
804,405
|
$20,174,477 | $0 | 31 Dec 2025 | |
| Mark Mckinney |
13D/G
3/4/5
|
10%+ Owner |
5.1%
|
760,438
|
$19,071,785 | $0 | 31 Dec 2025 | |
| WASATCH ADVISORS LP |
13D/G
13F
|
Company |
5.2%
|
683,986
|
$17,154,369 | $0 | 31 Dec 2025 | |
| ADAGE CAPITAL PARTNERS GP, L.L.C. |
13F
|
Company |
2.9%
|
620,000
|
$14,991,600 | — | 31 Dec 2025 | |
| TimesSquare Capital Management, LLC |
13F
|
Company |
2.9%
|
604,300
|
$14,611,974 | — | 31 Dec 2025 | |
| EMERALD ADVISERS, LLC |
13F
|
Company |
2.4%
|
513,355
|
$12,412,924 | — | 31 Dec 2025 | |
| DRIEHAUS CAPITAL MANAGEMENT LLC |
13F
|
Company |
2.4%
|
508,093
|
$12,285,689 | — | 31 Dec 2025 | |
| CITADEL ADVISORS LLC |
13F
|
Company |
1.9%
|
407,949
|
$9,864,207 | — | 31 Dec 2025 | |
| LORD, ABBETT & CO. LLC |
13F
|
Company |
1.8%
|
383,148
|
$9,265,000 | — | 31 Dec 2025 | |
| FEDERATED HERMES, INC. |
13F
|
Company |
1.8%
|
370,359
|
$8,955,281 | — | 31 Dec 2025 | |
| EMERALD MUTUAL FUND ADVISERS TRUST |
13F
|
Company |
1.4%
|
299,995
|
$7,253,879 | — | 31 Dec 2025 | |
| Nuveen, LLC |
13F
|
Company |
1.4%
|
299,658
|
$7,245,731 | — | 31 Dec 2025 | |
| MILLENNIUM MANAGEMENT LLC |
13F
|
Company |
1.3%
|
278,678
|
$6,738,434 | — | 31 Dec 2025 | |
| Alyeska Investment Group, L.P. |
13F
|
Company |
1.3%
|
275,000
|
$6,649,500 | — | 31 Dec 2025 | |
| FRED ALGER MANAGEMENT, LLC |
13F
|
Company |
1.2%
|
244,831
|
$5,920,014 | — | 31 Dec 2025 | |
| BALYASNY ASSET MANAGEMENT L.P. |
13F
|
Company |
0.93%
|
196,544
|
$4,752,434 | — | 31 Dec 2025 | |
| GOLDMAN SACHS GROUP INC |
13F
|
Company |
0.76%
|
160,985
|
$3,892,617 | — | 31 Dec 2025 | |
| Allspring Global Investments Holdings, LLC |
13F
|
Company |
0.75%
|
157,269
|
$3,557,425 | — | 31 Dec 2025 | |
| PRINCIPAL FINANCIAL GROUP INC |
13F
|
Company |
0.68%
|
143,345
|
$3,466,082 | — | 31 Dec 2025 | |
| Engle Capital Management, L.P. |
13F
|
Company |
0.62%
|
131,000
|
$3,167,580 | — | 31 Dec 2025 | |
| READYSTATE ASSET MANAGEMENT LP |
13F
|
Company |
0.5%
|
105,022
|
$2,539,432 | — | 31 Dec 2025 | |
| BRANT POINT INVESTMENT MANAGEMENT LLC |
13F
|
Company |
0.49%
|
102,989
|
$2,490,274 | — | 31 Dec 2025 | |
| Ghisallo Capital Management LLC |
13F
|
Company |
0.47%
|
100,000
|
$2,418,000 | — | 31 Dec 2025 | |
| AYAL Capital Advisors Ltd |
13F
|
Company |
0.45%
|
94,200
|
$2,277,756 | — | 31 Dec 2025 | |
| Hudson Bay Capital Management LP |
13F
|
Company |
0.43%
|
90,770
|
$2,194,819 | — | 31 Dec 2025 | |
| CenterBook Partners LP |
13F
|
Company |
0.39%
|
82,459
|
$1,993,859 | — | 31 Dec 2025 | |
| OSTERWEIS CAPITAL MANAGEMENT INC |
13F
|
Company |
0.36%
|
76,225
|
$1,843,121 | — | 31 Dec 2025 | |
| J. Goldman & Co LP |
13F
|
Company |
0.35%
|
74,829
|
$1,809,365 | — | 31 Dec 2025 | |
| Aventail Capital Group, LP |
13F
|
Company |
0.33%
|
69,494
|
$1,680,365 | — | 31 Dec 2025 | |
| HBK INVESTMENTS L P |
13F
|
Company |
0.33%
|
68,995
|
$1,668,299 | — | 31 Dec 2025 | |
| VANGUARD GROUP INC |
13F
|
Company |
0.28%
|
60,000
|
$1,450,800 | — | 31 Dec 2025 | |
| BANK OF AMERICA CORP /DE/ |
13F
|
Company |
0.25%
|
52,545
|
$1,270,538 | — | 31 Dec 2025 | |
| Taylor Frigon Capital Management LLC |
13F
|
Company |
0.24%
|
50,000
|
$1,209,000 | — | 31 Dec 2025 | |
| KORNITZER CAPITAL MANAGEMENT INC /KS |
13F
|
Company |
0.17%
|
35,149
|
$849,903 | — | 31 Dec 2025 | |
| JANE STREET GROUP, LLC |
13F
|
Company |
0.15%
|
31,879
|
$770,834 | — | 31 Dec 2025 | |
| Russell Investments Group, Ltd. |
13F
|
Company |
0.15%
|
31,704
|
$766,601 | — | 31 Dec 2025 | |
| HRT FINANCIAL LP |
13F
|
Company |
0.12%
|
24,262
|
$586,000 | — | 31 Dec 2025 | |
| Ivy Zelman |
3/4/5
|
Director |
0.07%
|
15,326
|
$556,793 | +$251,440 | 26 Mar 2026 | |
| Point72 Asset Management, L.P. |
13F
|
Company |
0.09%
|
18,597
|
$449,675 | — | 31 Dec 2025 | |
| OXFORD ASSET MANAGEMENT LLP |
13F
|
Company |
0.07%
|
14,673
|
$354,793 | — | 31 Dec 2025 | |
| TWO SIGMA INVESTMENTS, LP |
13F
|
Company |
0.05%
|
11,000
|
$265,980 | — | 31 Dec 2025 | |
| Brevan Howard Capital Management LP |
13F
|
Company |
0.05%
|
10,500
|
$253,890 | — | 31 Dec 2025 |
Recent Insider Transactions by Companies or Individuals for Cardinal Infrastructure Group Inc.
Showing up to 300 most recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | Value $ | * Price $ | Shares | Shares Owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| Ivy Zelman | CDNL | Class A Common Stock | Purchase | 82.3% | $251,440 | $36.33 | 6,921 | 15,326 | 26 Mar 2026 | Direct |
| Richard Bennett Wimmer | Class A Common Stock | Purchase | 148.7% | 10,000 | 16,725 | 11 Dec 2025 | Direct | |||
| Richard Melvin Lee Jr. | Class A Common Stock | Purchase | 350.3% | 22,725 | 29,212 | 11 Dec 2025 | Direct | |||
| Ivy Zelman | Class A Common Stock | Purchase | 37.1% | 2,275 | 8,405 | 11 Dec 2025 | Direct | |||
| Tiffany Leann Gidley | Class A Common Stock | Purchase | 6,000 | 6,000 | 11 Dec 2025 | Direct | ||||
| Michael Bruce Rowe Jr. | Class B Common Stock | Disposed to Issuer | -24.5% | -66,071 | 203,617 | 11 Dec 2025 | By The Rowe Family Irrevocable Trust dated March 13, 2024 | |||
| Michael Bruce Rowe Jr. | Class B Common Stock | Disposed to Issuer | -24.5% | -595,238 | 1,834,386 | 11 Dec 2025 | Direct | |||
| Michael Bruce Rowe Jr. | LLC Units | Disposed to Issuer | -24.5% | -66,071 | 203,617 | 11 Dec 2025 | By The Rowe Family Irrevocable Trust dated March 13, 2024 | |||
| Michael Bruce Rowe Jr. | LLC Units | Disposed to Issuer | -24.5% | -595,238 | 1,834,386 | 11 Dec 2025 | Direct | |||
| Jeremy Simmons Spivey | Class B Common Stock | Disposed to Issuer | -24.5% | -665,476 | 2,050,844 | 11 Dec 2025 | By Spivey Family 2024 Irrevocable Trust U/A dated 5/13/24, as amended | |||
| Jeremy Simmons Spivey | Class B Common Stock | Disposed to Issuer | -24.5% | -3,302,980 | 10,179,004 | 11 Dec 2025 | Direct | |||
| Jeremy Simmons Spivey | LLC Units | Disposed to Issuer | -24.5% | -665,476 | 2,050,844 | 11 Dec 2025 | By Spivey Family 2024 Irrevocable Trust U/A dated 5/13/24, as amended | |||
| Jeremy Simmons Spivey | LLC Units | Disposed to Issuer | -24.5% | -3,302,980 | 10,179,004 | 11 Dec 2025 | Direct | |||
| Erik Daniel West | Class B Common Stock | Disposed to Issuer | -24.5% | -330,357 | 1,018,084 | 11 Dec 2025 | By West Family 2024 Irrevocable Trust U/A dated 3/20/24, as amended | |||
| Erik Daniel West | Class B Common Stock | Disposed to Issuer | -24.5% | -1,653,571 | 5,095,925 | 11 Dec 2025 | Direct | |||
| Erik Daniel West | LLC Units | Disposed to Issuer | -24.5% | -330,357 | 1,018,084 | 11 Dec 2025 | By West Family 2024 Irrevocable Trust U/A dated 3/20/24, as amended | |||
| Erik Daniel West | LLC Units | Disposed to Issuer | -24.5% | -1,653,571 | 5,095,925 | 11 Dec 2025 | Direct | |||
| Michael Bruce Rowe Jr. | Class B Common Stock | Award | 269,688 | 269,688 | 09 Dec 2025 | By The Rowe Family Irrevocable Trust dated March 13, 2024 | ||||
| Michael Bruce Rowe Jr. | Class B Common Stock | Award | 2,429,624 | 2,429,624 | 09 Dec 2025 | Direct | ||||
| Michael Bruce Rowe Jr. | LLC Units | Award | 269,688 | 269,688 | 09 Dec 2025 | By The Rowe Family Irrevocable Trust dated March 13, 2024 | ||||
| Michael Bruce Rowe Jr. | LLC Units | Award | 2,429,624 | 2,429,624 | 09 Dec 2025 | Direct | ||||
| Jeremy Simmons Spivey | Class B Common Stock | Award | 2,716,320 | 2,716,320 | 09 Dec 2025 | By Spivey Family 2024 Irrevocable Trust U/A dated 5/13/24, as amended | ||||
| Jeremy Simmons Spivey | Class B Common Stock | Award | 13,481,984 | 13,481,984 | 09 Dec 2025 | Direct | ||||
| Jeremy Simmons Spivey | LLC Units | Award | 2,716,320 | 2,716,320 | 09 Dec 2025 | By Spivey Family 2024 Irrevocable Trust U/A dated 5/13/24, as amended | ||||
| Jeremy Simmons Spivey | LLC Units | Award | 13,481,984 | 13,481,984 | 09 Dec 2025 | Direct | ||||
| Erik Daniel West | Class B Common Stock | Award | 1,348,441 | 1,348,441 | 09 Dec 2025 | By West Family 2024 Irrevocable Trust U/A dated 3/20/24, as amended | ||||
| Erik Daniel West | Class B Common Stock | Award | 6,749,496 | 6,749,496 | 09 Dec 2025 | Direct | ||||
| Erik Daniel West | LLC Units | Award | 1,348,441 | 1,348,441 | 09 Dec 2025 | By West Family 2024 Irrevocable Trust U/A dated 3/20/24, as amended | ||||
| Erik Daniel West | LLC Units | Award | 6,749,496 | 6,749,496 | 09 Dec 2025 | Direct |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.