Form 4: CION Investment Corp Director Breakstone Increases Stake

Director Robert A. Breakstone increases his holdings in CION Investment Corp through a purchase of common stock and reinvestment of distributions.

Summary

• On March 17, 2025, Robert A. Breakstone, a director of CION Investment Corp, acquired 500 shares of common stock at a price of $11.05 per share.
• This purchase was made directly.
• Additionally, Mr. Breakstone acquired 3,304.71 shares through the Issuer's distribution reinvestment plan.
• Following these transactions, Mr. Breakstone directly owns 14,199.71 shares and indirectly owns shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. Insider buying can be seen as a positive signal, but this is a relatively small transaction.

Positives

• A director increasing their stake in the company can be seen as a positive signal to the market.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders such as directors and officers trade in their company's stock; they provide transparency to the market.

Stakeholder Impact

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

Key Dates