Cathryn Rivera - 20 May 2026 Form 4 Insider Report for CADIZ INC (CDZI)

Reporting relationship: Chief Operating Officer
Issuer ticker: CDZI
Reported as of: 20 May 2026
Net transaction value: -$10,825
SEC form: 4
Accepted by SEC: 03 Jun 2026, 18:44:00 UTC
Prior SEC filing: 10 Apr 2026
Source filing: View source filing
Reporting owner signature: Cathryn Rivera

Key filing fact

Cathryn Rivera filed Form 4 for CADIZ INC (CDZI) on 03 Jun 2026.

Key facts

This page summarizes Cathryn Rivera's Form 4 filing for CADIZ INC (CDZI).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 03 Jun 2026, 18:44.

Change

Previous filing in this sequence was filed on 10 Apr 2026.
Current net transaction value: -$10,825.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002040286 Primary reporting owner

Rivera Cathryn

Relationship: Chief Operating Officer
Address: 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES
Signature: Cathryn Rivera
Signature date: 03 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CDZI transaction

Common Stock

Sale

Transaction value: $10,825
Shares: -2,500
Change %: -1.7%
Price: $4.33
Shares after: 145,000
Date: 20 May 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CDZI holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 137,500
Date: 20 May 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 137,500
Exercise price
Footnotes: F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Includes 57,350 restricted stock unites ("RSUs"), each representing a contingent right to receive one share of Cadiz Inc. (the "Company") common stock to vest (a) in four equal installments of 11,450 on the final day of every quarter beginning June 30, 2026, and (b) one final quarterly installment of 11,550 vesting on June 30, 2027, subject in all cases to the Reporting Person's continuing employment as of each such vesting date. The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of the securities has vested.

Footnote F2

Each RSU represents a contingent right to receive one share of the Company's common stock.

Footnote F3

These previously reported RSUs will vest as a performance goal-based milestone award once the following events have occurred: (a) 25,000 RSUs upon a closing a minimum of$200 million in equity capital for project finance; (b) 12,500 RS Us upon the execution by public water systems of binding agreements for the purchase from the Company of not less than an aggregate 35,000 acre- feet per year ("AFY") of annual water supply to be delivered via the Northern or Southern Pipeline; (c) 25,000 RSUs upon the Binding and Unappealable issuance of a Federal Land Policy and Management Act ("FLPMA") right of way permit ("ROW") authorizing the conveyance of water across Federal lands through the Northern Pipeline; (d) 25,000 RSUs upon the execution by public water systems of binding agreements for the purchase from the Company of not less than an aggregate of 25,000 AFY of annual water supply to be delivered via the Southern Pipeline;

Footnote F4

Footnote 3 cont'd: (e) 25,000 RSUs upon the Binding and Unappealable completion of any CEQA/National Environmental Policy Act ("NEPA") review for the storage of imported water at the Cadiz Property; and (f) 25,000 RSUs for the first delivery by the Company of water under binding agreements with public water systems for the conveyance of water through the Northern Pipeline.