COO Benjamin Wood buys $1 million of Cardinal Infrastructure Group Inc. (CDNL)
Benjamin Wood, chief operating officer, bought $1 million of stock. WallStPal Score 67.
Benjamin Wood, chief operating officer of Cardinal Infrastructure Group Inc., bought 25,700 shares on the open market on August 14, 2026 at an average of $39.48 a share, for a total of $1 million. The purchase was reported to the SEC on Form 4 on August 17, 2026.
It raised their holding by 129%, to 45,700 shares.
6 other insiders also bought at least $10,000 of CDNL within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Cardinal Infrastructure Group Inc. insiders reported 6 open-market purchases and 0 sales.
WallStPal Score: 67 out of 100, because of raised their holding by 129%; a large purchase; 6 other insiders also bought; bought by a top executive.
What happened next: after 1 month the stock was down 9.7% (9.3 points worse than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Benjamin Wood helps run Cardinal Infrastructure Group Inc.. Spending $1 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all CDNL insider trades · Benjamin Wood's track record