Cadiz director receives 6,103-share equity grant
Echaveste Maria reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Echaveste Maria reported acquisition or exercise transactions in this Form 4 filing.
Cadiz Inc director Maria Echaveste received a stock grant as part of her board compensation. She was awarded 6,103 shares of common stock at a reference price of $4.10 per share, increasing her direct holdings to 45,730 shares.
The shares were allocated under the company’s 2019 Equity Incentive Plan for services rendered as a director for the 12-month period ended June 30, 2026. These shares are scheduled to vest on January 31, 2027, meaning they become fully earned and no longer subject to forfeiture on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,103 shares
Grant/Award
1 txn
Insider
Echaveste Maria
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,103 | $4.10 | $25K |
Holdings After Transaction:
Common Stock — 45,730 shares (Direct)
Footnotes (1)
- F1. Shares allocated to the Reporting Person under the 2019 Equity Incentive Plan for services rendered by the Reporting Person as a director of the Issuer for the 12-month period ended June 30, 2026, which shares will vest on January 31, 2027.
Key Figures
Shares granted: 6,103 shares
Reference price per share: $4.10 per share
Total shares after grant: 45,730 shares
+2 more
5 metrics
Shares granted
6,103 shares
Director equity award, transaction date June 30, 2026
Reference price per share
$4.10 per share
Value used for the stock grant
Total shares after grant
45,730 shares
Director’s direct holdings following the transaction
Service period covered
12 months
Period ended June 30, 2026 for which shares were allocated
Vesting date
January 31, 2027
Date when granted shares are scheduled to vest
Key Terms
2019 Equity Incentive Plan, Grant, award, or other acquisition, vesting, Common Stock
4 terms
2019 Equity Incentive Plan financial
"Shares allocated to the Reporting Person under the 2019 Equity Incentive Plan for services rendered"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting financial
"which shares will vest on January 31, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Cadiz Inc (CDZI) director Maria Echaveste report in this Form 4?
Maria Echaveste reported receiving a grant of 6,103 Cadiz Inc common shares as director compensation. The award was made under the 2019 Equity Incentive Plan for services over a 12‑month period and increased her direct holdings to 45,730 shares.
Is the Cadiz Inc (CDZI) Form 4 transaction an open-market purchase or a stock grant?
The Form 4 shows a stock grant, not an open‑market purchase. Code “A” indicates a grant, award, or other acquisition, and the footnote explains the shares were allocated as director compensation under the 2019 Equity Incentive Plan.
What period of service does the Cadiz Inc (CDZI) stock grant to Maria Echaveste cover?
The stock grant covers services as a director for the 12‑month period ended June 30, 2026. The footnote specifies that the shares were allocated for this service period under the 2019 Equity Incentive Plan and will vest in early 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
