Cardiff Lexington Director Staley Receives 500,000-Share Award

What Happened

• Louis Jack Staley Sr., a director of Cardiff Lexington Corp (CDIX), was granted/acquired 500,000 shares as a derivative award (transaction code A) on 2026-09-08. The filing shows $0.00 cash paid for the award — this is reported as a derivative grant rather than an open-market purchase.
• The Form 4 reporting the transaction was filed on 2026-09-15 (accession 0001683168-26-007167).

Key Details

• Transaction date: 2026-09-08; reported price: $0.00 (award/grant, derivative).
• Number of shares acquired: 500,000.
• Shares owned after transaction: Not stated in the provided filing.
• Notable footnotes: None provided in the summary data supplied.
• Timeliness: The Form 4 was filed 7 days after the transaction date — beyond the standard two-business-day filing window, so this appears to be a late filing.

Context

• This was an award/grant of derivative securities (typically restricted stock or RSUs) reported as acquired with no cash paid. Such awards often carry vesting or other conditions and do not necessarily reflect an immediate ability to sell shares.
• Awards differ from open-market purchases or sales; they reflect compensation or board-level grants rather than a market-direction bet.