Form 4: CION Investment Corp Co-CEO Michael Reisner Acquires Additional Shares

Sentiment:

SEC Form 4


Michael Reisner, Co-Chairman & Co-CEO of CION Investment Corp, purchased 515 shares of common stock at $9.69 per share on May 12, 2025.

Summary

  • On May 12, 2025, Michael A. Reisner, Co-Chairman & Co-CEO of CION Investment Corp, acquired 515 shares of the company's common stock.
  • The purchase price was $9.69 per share.
  • Following the transaction, Reisner directly owns 46,002.38 shares of CION Investment Corp.
  • Reisner also indirectly owns shares through CION Investment Group, LLC (CIG), which holds 62,598.77 shares, including 5,932.67 shares acquired under the Issuer's distribution reinvestment plan.
  • Reisner disclaims beneficial ownership of the shares held by CIG except to the extent of his pecuniary interest therein.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine insider transaction. The purchase could be seen as a positive signal, but it's a small transaction relative to Reisner's existing holdings.

Positives

  • The Co-CEO's purchase of shares could be interpreted as a positive signal about his confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This purchase reflects one individual's investment decision and may not be indicative of broader trends.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
05/12/2025Date of transaction: Michael Reisner purchased 515 shares of CION Investment Corp common stock.
05/13/2025Date of signature on the Form 4 filing.

Keywords

CION Investment Corp, Michael Reisner, Insider Trading, Beneficial Ownership, Form 4, Share Acquisition, CIG, Distribution Reinvestment Plan

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