SPEER STANLEY E - CADIZ INC - OFFICER DIRECTOR CHANGE

Stanley E. Speer, Chief Financial Officer of CADIZ INC, reported a series of transactions. On April 8, 2026, 25,075 shares of Common Stock were acquired under the 2019 Equity Incentive Plan as a performance bonus. On October 31, 2025, 13,425 shares of Common Stock were acquired upon the vesting of Restricted Stock Units (RSUs) that were contingent on the completion of the California Environmental Quality Act review for the Northern Pipeline. Additionally, 25,000 RSUs were involved in a transaction on October 31, 2025, with the underlying security being Common Stock. These RSUs are subject to various performance milestones, including project financing, permit issuance, water purchase agreements, and water storage agreements.