Keith S. Franz

Keith S. Franz (finance chief) discloses dealings in CION Investment Corp to SEC (Form 4). Between 23 November 2021 and 1 June 2023, the trades on record add up to 5 filings.

Every open-market trade on record is a purchase: 5 purchases worth €580k, and no sale. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. In 2023 alone, the filings show 1 purchase and no sales.

A typical purchase (the median) is worth €97k. On 4 out of 5 purchases, another insider of the same company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster.

The newest entry dates from 5 June 2023: an open-market purchase of €139k, in CION Investment Corp. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 3 days. US insiders must file a Form 4 within two business days of a trade. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.