Form 4: CION Investment Corp Director Increases Stake Through Stock Purchase and Dividend Reinvestment

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

Summary

• On May 16, 2025, Robert A. Breakstone, a director of CION Investment Corp, acquired 500 shares of common stock at a price of $9.72 per share.
• Additionally, Mr. Breakstone acquired 3,886.60 shares through the Issuer's distribution reinvestment plan.
• Following these transactions, Mr. Breakstone directly and indirectly beneficially owns 15,781.6 shares.
• Some of these shares are held indirectly through an IRA, for which Mr. Breakstone has sole voting and investment power.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. Insider buying is generally viewed as a positive sign, but the transaction is relatively small and part of a regular distribution reinvestment plan.

Positives

• A director increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.

Stakeholder Impact

• The increased stake of a director could be perceived positively by shareholders.

Key Dates

Keywords

CION Investment Corp, Robert A. Breakstone, Form 4, Beneficial Ownership, Director, Stock Purchase, Distribution Reinvestment Plan, IRA