Cardiff Lexington (CDIX) Director Catherine Pennington Receives Award

What Happened Catherine B. Pennington, a director of Cardiff Lexington Corp (CDIX), was granted a restricted stock award of 5,000 shares on April 1, 2026. The shares were awarded at $0.00 (i.e., a grant, not a purchase) and are reported under transaction code A (award/grant).

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely under Form 4 rules).
• Award: 5,000 shares of Common Stock; reported price $0.00.
• Vesting: The award vests quarterly over four quarters, commencing July 1, 2026, subject to the reporting person’s continuous service per the 2024 Equity Incentive Plan.
• Shares owned after transaction: Not specified in the filing.
• No tax-withholding, sale, or 10b5‑1 plan noted in the filing.

Context This is a restricted stock compensation grant (typical for directors) rather than a market purchase or sale. The shares are subject to future vesting and continued service requirements, so they are not immediately tradable or indicative of an immediate cash transaction.