Form 4: CION Investment Corp: Chief Legal Officer Eric A. Pinero Reports Acquisition of Common Stock
SEC Form 4 Filing
Eric A. Pinero, Chief Legal Officer of CION Investment Corp, reports the acquisition of 465 shares of common stock at $10.72 per share on March 18, 2025, bringing his total holdings to 9,127.2 shares.
Summary
- On March 18, 2025, Eric A. Pinero, the Chief Legal Officer of CION Investment Corp, acquired 465 shares of common stock.
- The purchase price was $10.72 per share.
- Following this transaction, Pinero directly owns 9,127.2 shares of CION Investment Corp.
- This total includes 1,837.20 shares acquired through the company's distribution reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. The sentiment is neither positive nor negative as it simply reports a transaction.
Positives
- The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.
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 seeking insights into management's perspective on the company's value and prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholders if it signals confidence from a company insider.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of transaction: Eric A. Pinero acquired 465 shares of common stock. |
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