Cardinal Infrastructure Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:CDNL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Dec 25	BuyUS$126,000	Tiffany Gidley	Individual	6,000	US$21.00
11 Dec 25	BuyUS$477,225	Richard Lee	Individual	22,725	US$21.00
11 Dec 25	BuyUS$210,000	Richard Wimmer	Individual	10,000	US$21.00
11 Dec 25	BuyUS$47,775	Ivy Zelman	Individual	2,275	US$21.00

Insider Trading Volume

Insider Buying: CDNL insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of CDNL?
Owner Type	Number of Shares	Ownership Percentage
Institutions	700,000	5.3%
Individual Insiders	1,687,024	12.8%
General Public	10,831,726	81.9%

Dilution of Shares: CDNL only recently listed within the past 12 months

Top Shareholders

Top 7 shareholders own 18.06% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.5%	Robert Berner	859,374	US$54.8m	0%	no data
5.85%	Mark McKinney	773,438	US$49.3m	0%	no data
5.3%	Ophir Asset Management Pty Ltd	700,000	US$44.6m	0%	1.76%
0.22%	Richard Lee	29,212	US$1.9m	0%	no data
0.13%	Richard Wimmer	16,725	US$1.1m	0%	no data
0.045%	Tiffany Gidley	6,000	US$382.3k	0%	no data
0.017%	Ivy Zelman	2,275	US$145.0k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/06 05:03
End of Day Share Price	2026/01/06 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cardinal Infrastructure Group Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Brophy	Stifel, Equities Research
Michael Louie DiPalma	William Blair & Company L.L.C.