Johnson Gillard B. III 4

What Happened Johnson Gillard B. III, a director of Cardiff Lexington Corp (CDIX), was granted a restricted stock award of 5,000 shares of common stock on April 1, 2026. The award was recorded at $0.00 (no cash paid by the reporting person). The shares are subject to vesting rather than being immediately transferable.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely filing).
• Transaction type/code: A — Grant/Award of restricted stock.
• Shares granted: 5,000; reported acquisition price: $0.00.
• Vesting: Award vests quarterly over four (4) quarters beginning July 1, 2026, subject to the reporting person’s continuous service under the Issuer’s 2024 Equity Incentive Plan.
• Shares owned after transaction: Not disclosed in the filing.
• No 10b5-1 plan, tax-withholding sale, or immediate sale reported.

Context This is a restricted stock award (compensation), not an open-market purchase or sale. Such grants compensate or retain insiders and only become freely tradable as they vest; they are not a direct bullish or bearish signal by themselves. The timely Form 4 filing indicates routine disclosure rather than a late report.