Staley Louis Jack Sr. 4
Research Summary
AI-generated summary
Cardiff Lexington (CDIX) Director Staley Receives 5,000-Share Award
What Happened
- Staley Louis Jack Sr., a director of Cardiff Lexington Corp (CDIX), was granted a restricted stock award for 5,000 shares of common stock on April 1, 2026. The Form 4 reports the acquisition as an award (code A) with an acquisition price of $0.00 (standard for restricted grants); the filing does not state a cash purchase or sale.
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (timely filing).
- Transaction type/code: Restricted stock award (A).
- Amount: 5,000 shares; reported acquisition price: $0.00 on the Form 4.
- Vesting: Award vests quarterly over four quarters beginning July 1, 2026, subject to the reporting person’s continuous service per the Issuer’s 2024 Equity Incentive Plan (see footnote).
- Shares owned after transaction: not specified in the provided filing.
Context
- Restricted stock awards are compensation grants that transfer shares subject to vesting and service conditions; they are not immediate purchases or sales and often serve as long-term incentive pay rather than a direct market signal.
- Because this is an award, it does not necessarily reflect a personal cash investment by the insider. Purchases (direct buys) are generally interpreted as stronger bullish signals than compensation grants.