Form 4: Director O'Hara Acquires Cadiz Inc. Shares

Director David Mark O'Hara acquired shares in Cadiz Inc. through equity awards in lieu of cash compensation.

Summary

• Director David Mark O'Hara acquired 3,267 shares of Cadiz Inc. common stock on April 1, 2026, valued at $5.74 per share, as part of the 2019 Equity Incentive Plan in lieu of cash compensation for services rendered as a director for the two-month period beginning February 3, 2026.
• Additionally, O'Hara acquired 3,709 shares of common stock on April 1, 2026, valued at $5.055 per share, also under the 2019 Equity Incentive Plan, for services rendered as a director during the three-month period beginning April 1, 2026.
• Following these transactions, O'Hara beneficially owns a total of 6,976 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine director compensation transactions rather than significant financial performance or strategic shifts.

Positives

• Director compensation structure includes equity awards, aligning director interests with shareholders.
• The company is utilizing its equity incentive plan to compensate directors, potentially conserving cash.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that the use of equity awards in lieu of cash compensation for directors is a common practice in many industries, particularly in growth-oriented companies, as it helps manage cash flow and aligns executive incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The issuance of equity in lieu of cash compensation for directors may conserve company cash, which could be beneficial for reinvestment or other operational needs. It also aligns director interests with share price performance.

Key Dates

Keywords

Cadiz Inc., CDZI, Form 4, SEC Filing, Director Compensation, Equity Incentive Plan, Beneficial Ownership, Securities Transaction