CADIZ INC (CDZIP)

Insider Trading Filed: 2026-04-10

The reporting person, Susan P. Kennedy, acquired 125,000 shares of Cadiz Inc. common stock as a performance bonus, increasing her direct beneficial ownership to 1,121,921 shares.
Ms. Kennedy also had 150,500 restricted stock units (RSUs) cancelled, which were previously reported, so that the shares could be used for future grants to other key employees.
The remaining RSUs held by Ms. Kennedy are tied to various performance-based milestones related to the company's water infrastructure projects, suggesting her compensation is closely aligned with the company's operational and financial success.

Insider Trading Filed: 2026-04-10

The reporting person, Stanley E. Speer, the Chief Financial Officer of Cadiz Inc., acquired 25,075 shares of the company's common stock as a performance bonus, increasing his total direct beneficial ownership to 283,860 shares.
Speer also vested 25,000 previously reported restricted stock units (RSUs), and received a net of 13,425 shares after tax withholding, bringing his total RSU holdings to 260,000.
The vesting of the RSUs was tied to the completion of the California Environmental Quality Act (CEQA) review for the construction and conveyance of water through the Northern Pipeline, a key milestone for the company's water infrastructure projects.

Insider Trading Filed: 2026-04-10

Cathryn Rivera, the Chief Operating Officer, acquired 10,000 shares of CADIZ INC (CDZIP) common stock as a performance bonus.
Rivera's total beneficial ownership in the company is now 147,500 shares, including 57,350 restricted stock units that will vest over time based on specific performance milestones.
The company has granted Rivera additional restricted stock units that will vest upon achieving various operational and financial milestones, such as securing project financing, executing water supply agreements, and completing environmental reviews.

Insider Trading Filed: 2026-04-03

The reporting person, Barbara A. Lloyd, acquired 927 shares of Cadiz Inc. (CDZIP) common stock on April 1, 2026, increasing her direct beneficial ownership to 22,272 shares.
This transaction was made in lieu of cash compensation for Ms. Lloyd's services as a director of the company, indicating her continued involvement and alignment with Cadiz Inc.
The reported transaction price of $5.055 per share suggests the shares were acquired at market value, providing no indication of insider trading or other potential concerns.

Insider Trading Filed: 2026-04-03

The filing indicates that David Mark O'Hara, a director of Cadiz Inc. (CDZIP), acquired a total of 6,976 shares of the company's common stock on April 1, 2026, with 3,267 shares issued as compensation for his services as a director during the previous 2-month period, and an additional 3,709 shares issued for his services during the subsequent 3-month period.
This insider buying activity suggests that O'Hara has a positive outlook on the company's prospects and is willing to increase his personal stake in Cadiz Inc.
The transaction prices of $5.74 and $5.055 per share indicate that O'Hara acquired the shares at a relatively favorable valuation, which could be viewed positively by investors.

Insider Trading Filed: 2026-04-03

Maria S. Dreyfus, a director of Cadiz Inc., acquired 3,709 shares of the company's common stock on April 1, 2026 under the 2019 Equity Incentive Plan, indicating continued interest and commitment to the company.
The acquisition of shares as part of director compensation suggests alignment between Dreyfus and Cadiz's long-term goals, which could be positive for investor confidence.
The transaction is relatively small in size, representing a minor increase in Dreyfus's total beneficial ownership of 186,003 shares, indicating the change is not a significant event.

Annual Report Filed: 2026-03-31

CADIZ Inc. reported a significant increase in revenue from $23.2 million in 2024 to $31.1 million in 2025, indicating strong growth in their operations.
The company's net income also improved from $0.01 per share in 2024 to $0.53 per share in 2025, suggesting improved profitability.
CADIZ secured additional financing through a $7.5 million direct offering in March 2025, which should provide the company with additional resources to support their growth initiatives.

Current Report Filed: 2026-02-04

Cadiz Inc. has appointed a new board member, Dave O'Hara, who has extensive experience in corporate finance and strategy from his time at Microsoft.
O'Hara's experience in overseeing large-scale capital investments, such as data centers and cloud infrastructure, could be valuable as Cadiz looks to grow its business.
The company's common stock and depositary shares continue to trade on the NASDAQ Global Market.

Insider Trading Filed: 2026-01-06

The reporting person, Maria S. Dreyfus, acquired 3,267 shares of Cadiz Inc. common stock at $5.74 per share, increasing her direct beneficial ownership to 182,294 shares.
This share acquisition was made under the company's 2019 Equity Incentive Plan, suggesting the reporting person received the shares as compensation for her role as a director.
The timing and amount of the share acquisition indicate the reporting person's continued confidence in Cadiz Inc. and alignment with shareholder interests.

Insider Trading Filed: 2026-01-06

Barbara A. Lloyd, a director of Cadiz Inc., acquired 817 shares of the company's common stock at a price of $5.74 per share. This insider buying activity suggests confidence in the company's prospects.
The shares were issued to Lloyd under the company's 2019 Equity Incentive Plan, indicating a compensation structure that aligns the interests of directors with shareholders.
With this transaction, Lloyd's total direct beneficial ownership in Cadiz Inc. has increased to 21,345 shares, further strengthening her alignment with the company's long-term success.

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