Form 4: CION Investment Corp: Chief Legal Officer Eric A. Pinero Reports Acquisition of Common Stock

Eric A. Pinero, Chief Legal Officer of CION Investment Corp, reports the acquisition of 450 shares of common stock at $11.11 per share on April 5, 2024, bringing his total holdings to 7,135.88 shares.

Summary

• On April 5, 2024, Eric A. Pinero, the Chief Legal Officer of CION Investment Corp, acquired 450 shares of the company's common stock.
• The purchase price was $11.11 per share.
• This transaction increased Pinero's total holdings to 7,135.88 shares.
• The acquisition included 1,115.88 shares acquired under the Registrant's distribution reinvestment plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an officer. The purchase itself is a slightly positive signal, but the scale of the purchase is not significant enough to drastically alter sentiment.

Positives

• The purchase of shares by a company officer can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company.

Key Dates