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

Michael Reisner, Co-Chairman & Co-CEO of CION Investment Corp, recently purchased 490 shares of common stock at $10.45 per share.

Summary

• On March 28, 2025, Michael A. Reisner, Co-Chairman & Co-CEO of CION Investment Corp, acquired 490 shares of common stock.
• The purchase price was $10.45 per share.
• Following the transaction, Reisner directly owns 45,487.38 shares of CION Investment Corp.
• Reisner also indirectly benefits from shares held by CION Investment Group, LLC (CIG), which he controls with another individual.
• CIG holds 62,598.77 shares, including 5,932.67 shares acquired through the distribution reinvestment plan.
• Reisner disclaims beneficial ownership of the shares held by CIG except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally viewed favorably, but the purchase is relatively small and doesn't provide a strong signal.

Positives

• The Co-CEO's purchase of additional shares may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's just one factor to consider when evaluating a company's investment potential.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

CION Investment Corp, Michael Reisner, share purchase, Form 4, beneficial ownership, CIG, distribution reinvestment plan, insider trading