Form 4: Cadiz Inc. Director Barbara A. Lloyd Reports Acquisition of Common Stock

Director Barbara A. Lloyd acquired 1,608 shares of Cadiz Inc. common stock on April 1, 2025, in lieu of cash compensation.

Summary

• On April 1, 2025, Barbara A. Lloyd, a director of Cadiz Inc., acquired 1,608 shares of common stock.
• The shares were issued under the 2019 Equity Incentive Plan, as amended, in lieu of cash compensation for services rendered as a director.
• The price per share was $2.915.
• Following the transaction, Lloyd directly owns 9,708 shares of Cadiz Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• Using equity in lieu of cash preserves cash for the company.

Industry Context

Directors receiving stock compensation is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Cadiz Inc., Director, Barbara A. Lloyd, Common Stock, Equity Incentive Plan, Form 4, CDZI