Form 4: CION Investment Corp Executive Acquires Shares Through 401(k) Plan

Charlie Arestia, a Managing Director at CION Investment Corp, acquired 450 shares of common stock through a 401(k) plan at a price of $11.94 per share.

Summary

• On August 12, 2024, Charlie Arestia, a Managing Director at CION Investment Corp, acquired 450 shares of the company's common stock.
• The shares were purchased through Arestia's account within a third-party 401(k) retirement savings plan.
• The purchase price was $11.94 per share.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports a transaction. It doesn't inherently indicate positive or negative sentiment towards the company.

Positives

• The purchase of shares by a company executive could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholders if it signals confidence from a company insider.

Key Dates