Cadiz Inc CEO Susan Kennedy Equity Transactions and RSU Cancellation

This SEC Form 4 filing reports equity transactions by Cadiz Inc CEO Susan P. Kennedy. On April 8, 2026, Kennedy received 125,000 shares of common stock as a performance bonus under the 2019 Equity Incentive Plan, bringing her total common stock holdings to 1,121,921 shares. Simultaneously, she cancelled 150,500 restricted stock units (RSUs) at no consideration so these shares could be used for future grants to other key employees. The filing also reports a previous October 31, 2025 transaction where Kennedy received 50,000 shares upon vesting of RSUs tied to completion of CEQA review for the Northern Pipeline project. Kennedy's remaining RSU holdings include performance-based awards tied to specific company milestones including project financing, permits, water supply agreements, and environmental reviews.