CADIZ director receives 6,103-share equity award
COURTER STEPHEN E reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
COURTER STEPHEN E reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Stephen E. Courter reported an equity award of company stock. He received 6,103 shares of Common Stock valued at $4.10 per share as a grant for board service, rather than an open-market purchase.
The award was allocated under the company’s 2019 Equity Incentive Plan for services rendered as a director for the 12‑month period ended June 30, 2026, and these shares will vest on January 31, 2027. After this grant, Courter directly holds 81,592 shares of CADIZ INC common stock.
Positive
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Negative
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Insider Trade Summary
Grant/Award: 6,103 shares
Grant/Award
1 txn
Insider
COURTER STEPHEN E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,103 | $4.10 | $25K |
Holdings After Transaction:
Common Stock — 81,592 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
Equity award size: 6,103 shares
Grant price: $4.10 per share
Post-transaction holdings: 81,592 shares
+2 more
5 metrics
Equity award size
6,103 shares
Common Stock grant to director on June 30, 2026
Grant price
$4.10 per share
Valuation used for the equity award
Post-transaction holdings
81,592 shares
Director’s direct Common Stock holdings after grant
Service period covered
12-month period ended June 30, 2026
Board service period tied to the grant
Vesting date
January 31, 2027
Date when the granted shares vest
Key Terms
2019 Equity Incentive Plan, Common Stock, vesting
3 terms
2019 Equity Incentive Plan financial
"Shares allocated to the Reporting Person under the 2019 Equity Incentive Plan for services rendered"
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.
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.
FAQ
What insider transaction did CADIZ INC (CDZI) director Stephen E. Courter report?
Stephen E. Courter reported receiving 6,103 shares of CADIZ INC Common Stock as an equity grant. The shares were awarded as compensation for his board service, not bought on the open market, and are subject to a future vesting date under the company’s equity plan.
What period of service does Stephen E. Courter’s CADIZ INC (CDZI) stock grant cover?
The equity grant to Stephen E. Courter covers his services as a director for the 12-month period ended June 30, 2026. The award recognizes this full year of board service and is structured to vest later, providing deferred, stock-based compensation tied to that timeframe.
Is Stephen E. Courter’s CADIZ INC (CDZI) Form 4 transaction a market purchase or a compensation grant?
The transaction is a compensation grant, not a market purchase. Stephen E. Courter received 6,103 shares under the 2019 Equity Incentive Plan for his director services, with a grant value of $4.10 per share and vesting scheduled for January 31, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
