O'Hara David Mark 4

What Happened

• David Mark O'Hara, a director of Cadiz, Inc. (CDZI), was issued equity awards (Form 4 code "A") on April 1, 2026 totaling 6,976 shares. The awards consist of 3,267 shares at $5.74 each (value $18,753) and 3,709 shares at $5.05 each (value $18,749), for an aggregate value of about $37,502. These were grants issued in lieu of cash compensation for board service—not open-market purchases or sales.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-03 (filed within the usual two-business-day window).
• Grant details: 3,267 shares @ $5.74 and 3,709 shares @ $5.05 (both reported as acquisitions/awards, code A).
• Shares owned after the transaction: Not disclosed in the portions provided.
• Footnotes: F1—shares issued under the 2019 Equity Incentive Plan in lieu of cash for director services for the 2-month period beginning Feb 3, 2026. F2—shares issued under the same plan in lieu of cash for services for the 3-month period beginning Apr 1, 2026.
• No 10b5-1 trading plan, tax-withholding sale, or cashless exercise was indicated in the provided filing.

Context

• Equity awards issued in lieu of cash are a common form of director compensation and do not necessarily signal the insider's view of the stock; they differ from open-market purchases (which some investors treat as a more direct bullish sign). This filing reports standard compensation-related grants rather than an active buy or sale by the director.