Director Scott A. Reed purchased 15,000 shares (15.0K) for $47,000.00 at CFND; stock down 68.1% from 52-week high, but Reed's prior CFND buys yielded 0 of 5 well-timed at 90-day mark.
Scott A. Reed, Director of C1 Fund Inc., made 2 separate purchases totaling 15,000 shares for $47,000.00 on 2026-06-08 and 2026-06-09 at blended average price $3.13, increasing his holdings by 46.9% to 47,000 shares post-transaction. The stock is currently trading at $3.12, down 68.1% from its 52-week high of $9.78 and down 20.6% over the prior 90 days. Reed's prior trading history at CFND shows 5 earlier buys completed between 2025-12-03 and 2025-12-12, and none of those 5 purchases were well-timed at the 90-day measurement window—each resulted in negative 90-day returns ranging from -23.4% to -30.5%. This persistent pattern of ill-timed purchases at this same ticker over a six-month period, combined with the current depressed valuation, suggests Reed continues to accumulate despite a historical pattern of subsequent declines.