Form 4: CION Investment Corp: Chief Legal Officer Eric A. Pinero Reports Stock Acquisition
SEC Form 4 Filing
Eric A. Pinero, Chief Legal Officer of CION Investment Corp, reports the acquisition of 402 shares of common stock at $12.16 per share, along with additional shares through the distribution reinvestment plan.
Summary
- On August 15, 2024, Eric A. Pinero, the Chief Legal Officer of CION Investment Corp, acquired 402 shares of the company's common stock.
- The purchase price was $12.16 per share.
- Pinero also acquired 1,338.06 shares through the company's distribution reinvestment plan.
- Following these transactions, Pinero directly owns 8,163.06 shares of CION Investment Corp.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition. The insider's purchase could be seen as mildly positive, but it's not a major event.
Positives
- The Chief Legal Officer's purchase of shares may signal confidence in the company's prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The stock purchase by a key officer could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock acquisition and distribution reinvestment. |
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