Cadiz (NASDAQ: CDZI) director adds 110,865 shares in open-market buy

Rhea-AI Filing Summary

Cadiz Inc director David Mark O’Hara reported an open-market purchase of 110,865 shares of common stock on May 26, 2026, at a weighted average price of $4.58 per share. The trades were executed in multiple transactions between $4.50 and $4.61. Following this purchase, O’Hara directly owns 117,841 Cadiz shares.

Insider Trade Summary

Net Buyer: 110,865 shares ($507,762)

Net Buy 1 txn

Insider O'Hara David Mark

Role null

Bought 110,865 shs ($508K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	110,865	$4.58	$508K

Holdings After Transaction: Common Stock — 117,841 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares purchased: 110,865 shares Weighted average price: $4.58 per share Trade price range: $4.50 to $4.61 +2 more

5 metrics

Shares purchased 110,865 shares Open-market buy on May 26, 2026

Weighted average price $4.58 per share Average price across multiple trades

Trade price range $4.50 to $4.61 Price range for individual trades in the purchase

Shares owned after transaction 117,841 shares Direct Cadiz common stock holdings post-transaction

Net buy shares 110,865 shares Net share change reported in transaction summary

Key Terms

open-market purchase, weighted average purchase price, Form 4, reporting person

4 terms

open-market purchase financial

"transaction_action is described as an open-market purchase of common stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average purchase price financial

"The price reported above reflects the weighted average purchase price."

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

Form 4 regulatory

"Insider transaction was disclosed on a Form 4 filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

reporting person regulatory

"The reporting person hereby undertakes to provide upon request full information."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

O'Hara David Mark

(Last) (First) (Middle)

47331 FREEDOM STREET

(Street)

DELL RAPIDS SOUTH DAKOTA 57048

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CADIZ INC [ CDZI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/26/2026		P		110,865(1)	A	$4.58	117,841	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $4.50 to $4.61. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	David Mark O'Hara	05/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Cadiz (CDZI) report for David Mark O’Hara?

Cadiz director David Mark O’Hara reported an open-market purchase of 110,865 common shares. The transaction took place on May 26, 2026, and was disclosed on a Form 4 insider trading report filed with regulators.

At what price did the Cadiz (CDZI) director buy shares in this Form 4?

The director’s purchase had a weighted average price of $4.58 per share. The filing notes multiple trades were executed, with individual prices ranging from $4.50 to $4.61 across the completed transactions.

How many Cadiz (CDZI) shares does David Mark O’Hara own after this transaction?

After the reported open-market purchase, David Mark O’Hara directly owns 117,841 Cadiz common shares. This figure reflects his holdings immediately following the May 26, 2026 transaction described in the Form 4 filing.

Was the Cadiz (CDZI) insider transaction an open-market buy or another type?

The transaction was an open-market purchase of common stock. The Form 4 codes it as a “P” transaction, described as a purchase in an open market or private transaction, rather than an option exercise, gift, or tax withholding.

Did the Cadiz (CDZI) Form 4 mention multiple trade prices for the insider buy?

Yes. The footnote states the purchase occurred in multiple trades with prices from $4.50 to $4.61. The reported $4.58 per-share figure represents the weighted average purchase price across those individual trades.