Welcome to our dedicated page for CADIZ SEC filings (Ticker: CDZIP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Cadiz Inc. filings document the public-company records for its water solutions business and for CDZIP depositary shares, each representing a 1/1000 fractional interest in a share of 8.875% Series A Cumulative Perpetual Preferred Stock. The filings identify Cadiz common stock and preferred depositary shares, capital-structure disclosures, and material-event reporting tied to corporate governance and project development.
Cadiz's SEC record includes definitive proxy statements covering shareholder voting matters, board governance, executive compensation and equity-award disclosures. Form 8-K reports cover director appointments, Regulation FD disclosures, memoranda of understanding, and other material events related to the Mojave Groundwater Bank, water conveyance infrastructure, and Cadiz-owned Mojave Desert property.
BlackRock, Inc. reports beneficial ownership of CADIZ INC common stock on a Schedule 13G. As of the reported date, BlackRock beneficially owns 5,018,521 shares of CADIZ INC common stock, representing 6.0% of the class.
BlackRock has sole voting power over 4,963,782 shares and sole dispositive power over 5,018,521 shares, with no shared voting or dispositive power. Various underlying clients or persons have rights to dividends or sale proceeds, but no single such person holds more than five percent of CADIZ INC’s outstanding common shares.
Cadiz Inc. approved a CFO succession plan under which long-time CFO Stanley E. Speer will retire as Chief Financial Officer on September 1, 2026, then serve as an advisor through December 31, 2026. Effective immediately, Jacinto J. Hernandez becomes Executive Vice President of Finance and will assume the roles of Chief Financial Officer, principal financial officer, principal accounting officer and Secretary on the transition date. Controller Teffiny Bagnara is promoted to Vice President.
Hernandez’s Employment Agreement provides severance protections, including base-salary continuation and bonus components upon death, disability, qualifying termination around a change in control, or resignation for good reason, plus immediate vesting of all outstanding unvested RSUs and PSUs upon a change in control or qualifying termination. The agreement includes confidentiality, non‑competition and employee non‑solicitation covenants.
Speer’s Separation Agreement grants $10,000 per month during the advisory period, accelerated vesting of 68,700 service‑based RSUs, a fully vested grant of 100,000 RSUs in lieu of his 2026 bonus, continued eligibility for 85,000 milestone RSUs tied to Northern Pipeline project financing, reimbursement of COBRA premiums for up to 18 months, and forfeiture of 150,000 milestone RSUs. In addition, Hernandez is slated to receive inducement equity awards of 800,000 RSUs and 800,000 PSUs, with 200,000 RSUs vesting immediately and the remainder vesting over time or on achievement of stock price hurdles.
Cadiz Inc. obtained an effective Right-of-Way Grant from the U.S. Bureau of Land Management on July 14, 2026, under Title V of the Federal Land Policy and Management Act. The grant authorizes conversion of the company’s 220-mile Northern Pipeline to water conveyance, including construction, operation and maintenance across BLM-administered lands.
Cadiz paid all required right-of-way rent and fees and posted a performance and reclamation bond of approximately $2.5 million, satisfying the remaining conditions for effectiveness. The company can now advance activities in its Plan of Development to prepare for and complete construction. The grant followed a BLM Environmental Assessment under NEPA, a Decision Record and Finding of No Significant Impact, plus consultations under the NHPA and ESA. Once converted, the pipeline can deliver up to 25,000 acre-feet of water per year; Cadiz has contracts with Inland Southern California water providers for 85% of this capacity, or 21,275 acre-feet per year, subject to contractual conditions and project completion.
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.