6 different insiders at Cardinal Infrastructure Group Inc. just bought CDNL.

1. The cluster: 6 people, $8,247,799 between them in the last 30 days, each paying their own price separately.
2. The biggest buy: Jeremy Simmons Spivey (Chief Executive Officer), 45,249 shares at $38.82 on 14 August 2026. That is the entry above -- a Form 4 discloses the price actually paid, so this is a real fill, not an estimate. It is what they paid on their own trade date, though, not a price available now.

Also buying: Anthony Leon Wood Jr. (Director, $2,023,079), Richard Melvin Lee Jr. (Director, $1,252,040), Benjamin Wood (Chief Operating Officer, $1,014,594), Ivy Zelman (Director, $500,948), Michael Bruce Rowe Jr. (Chief Financial Officer, $255,710).
3. Filed: 17 August 2026.

Risk: several different people buying is the whole signal -- one person buying repeatedly is one decision. Grants, option exercises and tax withholdings are excluded, since none of those is anybody choosing to put money in. An automated tracker of public SEC filings, not a recommendation.