Every Form 4 that CADIZ, Inc. (CDZI) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow CDZI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CDZI filings page.
Cadiz Inc director David Mark O’Hara received an award of 4,954 common shares on October 1, 2026. The transaction lists a price of $3.785 per share. The shares were issued under the 2019 Equity Incentive Plan in lieu of cash compensation for his director services during the three-month period beginning October 1, 2026. His reported direct holdings after the award were 130,311 shares.
Cadiz Inc. director Maria S. Dreyfus received 4,954 shares of common stock on October 1, 2026, as an award under the 2019 Equity Incentive Plan, as amended. The shares were issued in lieu of cash compensation for director services during the three-month period beginning July 1, 2026. The transaction lists a price of $3.7850 per share; Dreyfus held 201,524 shares directly following the award.
Cadiz Inc director Barbara A. Lloyd acquired 1,238 common shares on October 1, 2026, at a reported $3.785 per share. The shares were issued under the 2019 Equity Incentive Plan, as amended, in lieu of cash compensation for director services during the 3-month period beginning October 1, 2026. Her reported direct holdings after the award were 30,729 shares.
CADIZ INC (CDZI) reported that Chief Financial Officer Jacinto J. Hernandez received equity awards on September 9, 2026. He was granted 800,000 restricted stock units (RSUs) and 800,000 Performance Rights (PSUs) as employment inducement awards under Nasdaq Listing Rule 5635(c)(4), all at no cash exercise price.
The RSUs cover 800,000 shares of common stock and vest 200,000 on the grant date and 600,000 in twelve quarterly installments of 50,000 shares each, starting with the quarter ending September 30, 2026, subject to continued service. The PSUs cover 800,000 shares of common stock and vest in four tranches of 200,000 shares each upon stock price hurdles of $6.00, $8.00, $10.00 and $12.00 per share, also subject to continuous service. Vested RSUs and PSUs settle in common stock on the earlier of the fifth anniversary of the grant date or Hernandez’s separation from service. Hernandez disclaims beneficial ownership until the awards vest.
Lloyd Barbara A reported acquisition or exercise transactions in this Form 4 filing.
Cadiz Inc director Barbara A. Lloyd reported two stock-based compensation awards of common stock. One award covered 1,116 shares at $4.20 per share, and another covered 6,103 shares at $4.10 per share, both classified as grants or awards rather than open-market purchases.
The footnotes state these shares were allocated under Cadiz’s 2019 Equity Incentive Plan for services as a director, including shares vesting on January 31, 2027 and shares issued in lieu of cash compensation for a three-month service period beginning July 1, 2026. After these grants, Lloyd directly holds 29,491 common shares.
O'Hara David Mark reported acquisition or exercise transactions in this Form 4 filing.
Cadiz Inc director David Mark O'Hara received two stock grants as part of his board compensation. He was awarded 4,464 shares of common stock at $4.20 per share for services over a five-month period ended June 30, 2026, vesting on January 31, 2027. He also received 3,052 shares at $4.10 per share, issued under the company’s 2019 Equity Incentive Plan in lieu of cash compensation for a three-month period beginning July 1, 2026. Following these awards, he directly holds 125,357 Cadiz Inc common shares.
Dreyfus Maria S. reported acquisition or exercise transactions in this Form 4 filing.
Cadiz Inc. director Maria S. Dreyfus reported stock-based compensation awards, not open-market purchases. She received 4,464 shares of common stock at $4.20 per share for board service over the 12-month period ended June 30, 2026; these shares vest on January 31, 2027. She also received 6,103 shares at $4.10 per share issued under the company’s 2019 Equity Incentive Plan in lieu of cash compensation for director services during the three-month period beginning July 1, 2026. Following these awards, she directly holds 196,570 common shares.
Polanco Richard Garcia reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Richard Garcia Polanco received a grant of 6,103 shares of Common Stock valued at $4.10 per share. The award was allocated under the 2019 Equity Incentive Plan as compensation for services as a director for the 12-month period ended June 30, 2026. These shares will vest on January 31, 2027, bringing his direct holdings to 28,155 shares.
Lombard Kenneth T reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Kenneth T. Lombard received a stock award of 6,103 shares of Common Stock, valued at $4.10 per share. This grant compensates him for services as a director for the 12‑month period ended June 30, 2026, under the 2019 Equity Incentive Plan.
The shares will vest on January 31, 2027, meaning he must remain eligible through that date to fully earn them. After this award, Lombard directly holds a total of 30,990 shares of CADIZ INC common stock.
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.
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.
Hickox Winston H reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Winston H. Hickox received an equity grant of 6,103 shares of Common Stock at $4.10 per share. The shares were allocated under the 2019 Equity Incentive Plan for his board service for the 12 months ended June 30, 2026 and will vest on January 31, 2027. After this grant, he directly holds 199,174 shares, while his spouse holds 70,759 shares indirectly.
Cadiz Inc. Chief Operating Officer Cathryn Rivera reported an open-market sale of 2,500 shares of common stock at $4.33 per share. After this transaction, she directly holds 145,000 shares of Cadiz common stock.
She also holds restricted stock units tied to Cadiz common stock, including 57,350 RSUs that vest in quarterly installments from June 30, 2026 through June 30, 2027, subject to continued employment. Additional RSUs will vest only when specified project finance, water sales, regulatory and environmental milestones are achieved.
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.
Rivera Cathryn reported acquisition or exercise transactions in this Form 4 filing.
Cadiz Inc Chief Operating Officer Cathryn Rivera received a grant of 10,000 shares of common stock on April 8, 2026 as a performance bonus under the 2019 Equity Incentive Plan. Following this award, she directly holds 147,500 shares of Cadiz common stock.
The filing also notes 137,500 restricted stock units (RSUs) outstanding, each representing a contingent right to one share of common stock. Of these, 57,350 RSUs vest in quarterly installments from June 30, 2026 through June 30, 2027, subject to continued employment. Additional RSU tranches vest only upon achieving specified project finance, water sales, permitting, environmental review, and first-delivery performance milestones.
SPEER STANLEY E reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC Chief Financial Officer Stanley E. Speer reported equity awards and vesting activity in company stock. On April 8, 2026, he received 25,075 shares of common stock as a performance bonus under the 2019 Equity Incentive Plan, after tax withholding.
Previously, on October 31, 2025, 25,000 restricted stock units (RSUs) vested following completion of California Environmental Quality Act review for the Northern Pipeline, resulting in a net 13,425 common shares issued after tax withholding. After these transactions, he holds 283,860 common shares directly and has 80,150 RSUs scheduled to vest quarterly in 2026 and 2027, plus additional performance-based RSUs tied to financing, permits, water agreements, storage milestones, and first water delivery.
Cadiz Inc Chief Executive Officer Susan P. Kennedy reported several stock-based compensation changes. On April 8, 2026, she agreed with the company to cancel 150,500 restricted stock units, which will be used for future grants to other key employees; she received no consideration for this cancellation.
That same day, she received a grant of 125,000 shares of common stock as a performance bonus under the 2019 Equity Incentive Plan, increasing her direct common stock holdings to 1,121,921 shares. Earlier, on October 31, 2025, 50,000 restricted stock units vested and were converted into the same number of common shares following completion of the California Environmental Quality Act review for the Northern Pipeline project.
Lloyd Barbara A reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Barbara A. Lloyd received a stock grant as part of her board compensation. She was awarded 927 shares of common stock valued at $5.055 per share under the company’s 2019 Equity Incentive Plan, issued in lieu of cash fees for director services for the three-month period beginning April 1, 2026. Following this grant, she directly holds 22,272 shares of CADIZ INC common stock, reflecting a routine, compensation-related equity award rather than an open-market purchase.
Dreyfus Maria S. reported acquisition or exercise transactions in this Form 4 filing.
CADIZ INC director Maria S. Dreyfus received 3,709 shares of Common Stock as equity compensation. The shares were issued at $5.055 per share under the 2019 Equity Incentive Plan in lieu of cash compensation for her services as a director during the three‑month period beginning April 1, 2026. Following this stock award, she directly holds 186,003 shares of CADIZ INC common stock.
O'Hara David Mark reported acquisition or exercise transactions in this Form 4 filing.
Cadiz Inc director David Mark O'Hara received stock awards instead of cash fees. On April 1, 2026, he was granted 3,267 shares of common stock at an indicated value of $5.74 per share and 3,709 shares at $5.055 per share.
According to the footnotes, these grants were issued under the 2019 Equity Incentive Plan in lieu of cash compensation for his board service during two periods beginning February 3, 2026 and April 1, 2026. After these awards, he directly holds 6,976 shares of Cadiz common stock.
Cadiz Inc. director Barbara A. Lloyd reported receiving 817 shares of common stock on January 2, 2026 at a price of $5.74 per share. These shares were issued under the company’s 2019 Equity Incentive Plan, as amended, in lieu of cash compensation for her services as a director during the three-month period beginning January 1, 2026. After this grant, she beneficially owned 21,345 Cadiz common shares in direct form.
Cadiz Inc. director Maria S. Dreyfus reported receiving 3,267 shares of common stock of Cadiz Inc. as of January 2, 2026. The shares were issued at a value of $5.74 per share under the company’s 2019 Equity Incentive Plan, as amended, in lieu of cash compensation for her services as a director during the three-month period beginning January 1, 2026. After this stock award, she beneficially owns 182,294 shares of Cadiz Inc. common stock, held directly.