SPIVEY JEREMY SIMMONS (Chief Executive Officer) received a stock award from CARDINAL INFRASTRUCTURE GROUP INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 2 awards

SPIVEY JEREMY SIMMONS

Filed: 12/11/2025ACC: 0001213900-25-120811

InsiderSPIVEY JEREMY SIMMONSCIK 2092830

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IssuerCARDINAL INFRASTRUCTURE GROUP INC.CIK 2079999

DirectorOfficer10% Owner· Chief Executive Officer

Since Dec 2025

+24.46M

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

32.40M acquired · 7.94M disposed

Non-Derivative Transactions4

Class B Common Stock

Direct

A · Award

+13.48M

Price / share

—

Trade value

—

% of position

New position

12/9/2025

0.00→13.48M

Class B Common Stock

Indirect

A · Award

+2.72M

Price / share

—

Trade value

—

% of position

New position

12/9/2025

0.00→2.72M

Class B Common Stock

Direct

D · Disposition

−3.30M

Price / share

—

Trade value

—

% of position

24.5%

12/11/2025

13.48M→10.18M

Class B Common Stock

Indirect

D · Disposition

−665.48K

Price / share

—

Trade value

—

% of position

24.5%

12/11/2025

2.72M→2.05M

Total

Net shares

+12.23M

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class B Common Stock Direct	12/9/2025	A · Award	+13.48M	—	—	New position	0.00	13.48M
Class B Common Stock Indirect	12/9/2025	A · Award	+2.72M	—	—	New position	0.00	2.72M
Class B Common Stock Direct	12/11/2025	D · Disposition	−3.30M	—	—	24.5%	13.48M	10.18M
Class B Common Stock Indirect	12/11/2025	D · Disposition	−665.48K	—	—	24.5%	2.72M	2.05M
Total			+12.23M		$0.00

Derivative Transactions4

LLC Units

Direct

A · Award

Converts to

Class A Common Stock

13.48M shares

+13.48M

Strike price

Held after

13.48M

Exercisable

—

12/9/2025

LLC Units

Indirect

A · Award

Converts to

Class A Common Stock

2.72M shares

+2.72M

Strike price

Held after

2.72M

Exercisable

—

12/9/2025

LLC Units

Direct

D · Disposition

Converts to

Class A Common Stock

3.30M shares

−3.30M

Strike price

Held after

10.18M

Exercisable

—

12/11/2025

LLC Units

Indirect

D · Disposition

Converts to

Class A Common Stock

665.48K shares

−665.48K

Strike price

Held after

2.05M

Exercisable

—

12/11/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
LLC Units Direct	Class A Common Stock13.48M shares	12/9/2025	A · Award	+13.48M	—	13.48M
LLC Units Indirect	Class A Common Stock2.72M shares	12/9/2025	A · Award	+2.72M	—	2.72M
LLC Units Direct	Class A Common Stock3.30M shares	12/11/2025	D · Disposition	−3.30M	—	10.18M
LLC Units Indirect	Class A Common Stock665.48K shares	12/11/2025	D · Disposition	−665.48K	—	2.05M