O'Hara David Mark 4

What Happened

• David Mark O'Hara, a director of Cadiz, Inc. (CDZI), was issued a total of 7,516 shares through equity awards/issuances: 3,052 shares on 2026-06-30 at $4.10 each (value $12,513) and 4,464 shares on 2026-07-01 at $4.20 each (value $18,749), totaling $31,262. These transactions are awards/compensation (code A), not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-06-30: 3,052 shares @ $4.10 ($12,513) — footnote F1
  • 2026-07-01: 4,464 shares @ $4.20 ($18,749) — footnote F2
• Shares after transaction: Not specified in the filing excerpt provided.
• Footnotes:
  • F1: Shares allocated under the 2019 Equity Incentive Plan for services as a director for the 5‑month period ended 6/30/2026; these shares vest on 1/31/2027.
  • F2: Shares issued under the 2019 Equity Incentive Plan in lieu of cash compensation for services during the 3‑month period beginning 7/1/2026.
• Filing: Form 4 was filed on 2026-07-02 (Form 4s are generally required within two business days of the reportable transaction).

Context

• These transactions are equity compensation for board service and are common for directors; such awards are routine and do not necessarily signal the director buying or selling based on a view of the company.
• Note the F1 allocation is subject to future vesting (1/31/2027), so not all shares may be freely tradable immediately.