SPEER STANLEY E

SEC source: 0001191897-26-000001 · primary_doc.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 283,860

F1 · shares: Shares issued under the 2019 Equity Incentive Plan to the Reporting Person as a performance bonus after giving effect to tax withholding as permitted under the approved terms applicable to the award.

SEC source: 0001191897-26-000001 · primary_doc.xml · derivative · entry 3

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 260,000

Underlying: Common Stock · 25,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Each previously reported RSU represents a contingent right to receive one share of the Company's common stock.

F5 · price: These previously reported RSUs will vest as a performance goal-based milestone award once the following events have occurred: (a) 85,000 RSUs upon the closing of project financing necessary for the construction of the Northern Pipeline; (b) 25,000 RSUs upon the issuance of a Federal Land Policy and Management Act right of way permit authorizing the conveyance of water across Federal lands through the Northern Pipeline; (c) 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 acre-feet per year ("AFY") of annual water supply to be delivered via the Southern Pipeline; (d) 25,000 RSUs upon the execution by public water systems of binding agreements for a cumulative total of 35,000 AFY in water purchase agreements;

F6 · price: Footnote 5 continued: (e) 25,000 RSUs upon the execution by public water systems of binding agreements for the storage of not less than 25,000 acre-feet of imported water at the Cadiz Property; (f) 25,000 RSUs upon the completion of the CEQA/National Environmental Policy Act review for the storage of imported water at the Cadiz Property; and (g) 50,000 RSUs for first delivery by the Company of water under binding agreements with public water systems for the conveyance of water through the Northern Pipeline.

F5 · derivative.exercise_date: These previously reported RSUs will vest as a performance goal-based milestone award once the following events have occurred: (a) 85,000 RSUs upon the closing of project financing necessary for the construction of the Northern Pipeline; (b) 25,000 RSUs upon the issuance of a Federal Land Policy and Management Act right of way permit authorizing the conveyance of water across Federal lands through the Northern Pipeline; (c) 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 acre-feet per year ("AFY") of annual water supply to be delivered via the Southern Pipeline; (d) 25,000 RSUs upon the execution by public water systems of binding agreements for a cumulative total of 35,000 AFY in water purchase agreements;

F6 · derivative.exercise_date: Footnote 5 continued: (e) 25,000 RSUs upon the execution by public water systems of binding agreements for the storage of not less than 25,000 acre-feet of imported water at the Cadiz Property; (f) 25,000 RSUs upon the completion of the CEQA/National Environmental Policy Act review for the storage of imported water at the Cadiz Property; and (g) 50,000 RSUs for first delivery by the Company of water under binding agreements with public water systems for the conveyance of water through the Northern Pipeline.

F5 · derivative.expiration_date: These previously reported RSUs will vest as a performance goal-based milestone award once the following events have occurred: (a) 85,000 RSUs upon the closing of project financing necessary for the construction of the Northern Pipeline; (b) 25,000 RSUs upon the issuance of a Federal Land Policy and Management Act right of way permit authorizing the conveyance of water across Federal lands through the Northern Pipeline; (c) 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 acre-feet per year ("AFY") of annual water supply to be delivered via the Southern Pipeline; (d) 25,000 RSUs upon the execution by public water systems of binding agreements for a cumulative total of 35,000 AFY in water purchase agreements;

F6 · derivative.expiration_date: Footnote 5 continued: (e) 25,000 RSUs upon the execution by public water systems of binding agreements for the storage of not less than 25,000 acre-feet of imported water at the Cadiz Property; (f) 25,000 RSUs upon the completion of the CEQA/National Environmental Policy Act review for the storage of imported water at the Cadiz Property; and (g) 50,000 RSUs for first delivery by the Company of water under binding agreements with public water systems for the conveyance of water through the Northern Pipeline.

SEC source: 0001191897-26-000001 · primary_doc.xml · nonDerivative · entry 2

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 297,285

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · shares: Represents the vesting of 25,000 previously reported restricted stock units ("RSUs") upon completion of the California Environmental Quality Act ("CEQA") review for the construction and conveyance of water through the Northern Pipeline, and the concurrent issuance of a net of 13,425 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

F3 · balance_after: Includes 80,150 restricted stock unites ("RSUs"), each representing a contingent right to receive one share of Cadiz Inc. (the "Company") common stock to vest ratably in seven quarterly installments of 11,450 each on the final day of every quarter of the Company's 2026 and 2027 fiscal years, 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.

SEC source: 0001191897-25-000003 · primary_doc.xml · derivative · entry 2

SPEER STANLEY E · CIK 0001191897 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 285,000

Underlying: Common Stock · 285,000 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Cadiz Inc. common stock.

F4 · derivative.exercise_date: The 285,000 RSUs will vest as a performance goal-based milestone award once the following events have occurred: (a) 25,000 RSUs upon the completion of the California Environmental Quality Act ("CEQA") review for the construction and conveyance of water through the Northern Pipeline; (b) 85,000 RSUs upon the closing of project financing necessary for the construction of the Northern Pipeline; (c) 25,000 RSUs upon the issuance of a Federal Land Policy and Management Act right of way permit 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 acre-feet per year ("AFY") of annual water supply to be delivered via the Southern Pipeline;

F5 · derivative.exercise_date: Footnote 4 continued:(e) 25,000 RSUs upon the execution by public water systems of binding agreements for a cumulative total of 35,000 AFY in water purchase agreements; (f) 25,000 RSUs upon the execution by public water systems of binding agreements for the storage of not less than 25,000 acre-feet of imported water at the Cadiz Property; (g) 25,000 RSUs upon the completion of the CEQA/National Environmental Policy Act review for the storage of imported water at the Cadiz Property; and (h) 50,000 RSUs for first delivery by the Company of water under binding agreements with public water systems for the conveyance of water through the Northern Pipeline.

F4 · derivative.expiration_date: The 285,000 RSUs will vest as a performance goal-based milestone award once the following events have occurred: (a) 25,000 RSUs upon the completion of the California Environmental Quality Act ("CEQA") review for the construction and conveyance of water through the Northern Pipeline; (b) 85,000 RSUs upon the closing of project financing necessary for the construction of the Northern Pipeline; (c) 25,000 RSUs upon the issuance of a Federal Land Policy and Management Act right of way permit 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 acre-feet per year ("AFY") of annual water supply to be delivered via the Southern Pipeline;

F5 · derivative.expiration_date: Footnote 4 continued:(e) 25,000 RSUs upon the execution by public water systems of binding agreements for a cumulative total of 35,000 AFY in water purchase agreements; (f) 25,000 RSUs upon the execution by public water systems of binding agreements for the storage of not less than 25,000 acre-feet of imported water at the Cadiz Property; (g) 25,000 RSUs upon the completion of the CEQA/National Environmental Policy Act review for the storage of imported water at the Cadiz Property; and (h) 50,000 RSUs for first delivery by the Company of water under binding agreements with public water systems for the conveyance of water through the Northern Pipeline.

SEC source: 0001191897-25-000003 · primary_doc.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 258,785

F1 · shares: Represents shares of Cadiz Inc. (the "Company") common stock underlying a like number of restricted stock units ("RSUs") granted to the Reporting Person on October 6, 2025. These restricted stock units shall vest ratably (a) 50,000 on December 31, 2025 and (b) in eight equal quarterly installments of 11,450 each on the final day of every quarter of the Company's 2026 and 2027 fiscal years, subject in all cases to the Reporting Person's continuing employment as of each such vesting date.

F2 · balance_after: The Reporting Person disclaims beneficial ownership of 141,600 of these securities until such time, and to the extent, that ownership of the securities has vested.

SEC source: 0001854939-25-000003 · primary_doc.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 117,185

F1 · shares: Represents the number of shares issued after giving effect to tax withholding as permitted under the approved terms applicable to the grant of 75,000 shares of the Company's common stock.

SEC source: 0001191901-24-000001 · primary_doc.xml · derivative · entry 2

SPEER STANLEY E · CIK 0001191897 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 42,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each previously reported RSU represents a contingent right to receive one share of Cadiz Inc. common stock.

F1 · shares: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of net 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

F1 · derivative.exercise_date: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of net 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

F1 · derivative.expiration_date: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of net 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

SEC source: 0001191901-24-000001 · primary_doc.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · CFO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 79,708

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of net 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

SEC source: 0001493152-23-044092 · ownership.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 446,335

F1 · shares: Represents shares to be issued under a restricted stock unit agreement pursuant to the Company's 2016 Equity Incentive Plan. Shares vest quarterly over the twelve months following the grant date.

SEC source: 0000923876-23-000002 · primary_doc.xml · derivative · entry 2

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,500

Underlying: Common Stock · 42,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each previously reported RSU represents a contingent right to receive one share of Cadiz Inc. common stock.

F1 · shares: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of net 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

F3 · derivative.exercise_date: 42,500 of these RSUs owned following the reporting transaction will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year, subject to the Reporting Person's continuing employment as of such vesting date.

F3 · derivative.expiration_date: 42,500 of these RSUs owned following the reporting transaction will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year, subject to the Reporting Person's continuing employment as of such vesting date.

F4 · balance_after: The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of the securities has vested.

SEC source: 0000923876-23-000002 · primary_doc.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,584

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of net 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

SEC source: 0001493152-22-035747 · ownership.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,017

F1 · shares: Represents shares to be issued under a restricted stock unit agreement pursuant to the Company's 2016 Equity Incentive Plan. Shares vest quarterly over the twelve months following the grant date.

SEC source: 0001493152-22-000067 · ownership.xml · derivative · entry 2

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 10,000 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: The reported transaction involved the reporting person's vesting of a grant of 10,000 restricted stock units. The reporting person previously reported the awards of restricted stock units in Table II of Form 4, which vested on January 1, 2022. Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: The reported transaction involved the reporting person's vesting of a grant of 10,000 restricted stock units. The reporting person previously reported the awards of restricted stock units in Table II of Form 4, which vested on January 1, 2022. Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.expiration_date: The reported transaction involved the reporting person's vesting of a grant of 10,000 restricted stock units. The reporting person previously reported the awards of restricted stock units in Table II of Form 4, which vested on January 1, 2022. Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0001493152-22-000067 · ownership.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,463

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: The reported transaction involved the reporting person's vesting of a grant of 10,000 restricted stock units. The reporting person previously reported the awards of restricted stock units in Table II of Form 4, which vested on January 1, 2022. Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0001493152-21-032337 · ownership.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,463

F1 · shares: Represents shares to be issued under a restricted stock unit agreement pursuant to the Company's 2016 Equity Incentive Plan. Shares vest on the one year anniversary of the grant date.

SEC source: 0000923876-21-000006 · primary_doc.xml · derivative · entry 2

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,000

Underlying: Common Stock · 42,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each previously reported RSU represents a contingent right to receive one share of Cadiz Inc. common stock.

F1 · shares: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of a net of 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

F3 · derivative.exercise_date: 42,500 of these RSUs owned following the reported transaction will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year; and 42,500 of these RSUs will vest on March 1, 2023, subject to the Reporting Person's continuing employment as of such vesting date.

F3 · derivative.expiration_date: 42,500 of these RSUs owned following the reported transaction will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year; and 42,500 of these RSUs will vest on March 1, 2023, subject to the Reporting Person's continuing employment as of such vesting date.

F4 · balance_after: The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of these securities has vested.

SEC source: 0000923876-21-000006 · primary_doc.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,460

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of a net of 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.

SEC source: 0001493152-21-016773 · ownership.xml · derivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,000

Underlying: Common Stock · 10,000 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Sunworks, Inc.

F2 · derivative.exercise_date: 100% of the RSUs will vest on January 1, 2022.

F2 · derivative.expiration_date: 100% of the RSUs will vest on January 1, 2022.

SEC source: 0000923876-21-000002 · primary_doc.xml · derivative · entry 2

SPEER STANLEY E · CIK 0001191897 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 127,500

Underlying: Common Stock · 127,500 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Cadiz Inc. common stock.

F2 · derivative.exercise_date: 42,500 of these RSUs will vest upon obtaining a new senior secured loan in an amount sufficient to repay the Company's senior secured debt as well as obtaining funding to complete the purchase of the northern pipeline; 42,500 of these RSUs will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year; and, 42,500 of these RSUs will vest on March 1, 2023, subject to the Reporting Person's continuing employment as of such vesting date.

F2 · derivative.expiration_date: 42,500 of these RSUs will vest upon obtaining a new senior secured loan in an amount sufficient to repay the Company's senior secured debt as well as obtaining funding to complete the purchase of the northern pipeline; 42,500 of these RSUs will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year; and, 42,500 of these RSUs will vest on March 1, 2023, subject to the Reporting Person's continuing employment as of such vesting date.

F3 · balance_after: The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of these securities has vested.

SEC source: 0001493152-20-022793 · ownership.xml · derivative · entry 3

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,571 shares

Expires 2024-08-01

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001493152-20-022793 · ownership.xml · nonDerivative · entry 2

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,613

SEC source: 0001493152-20-022793 · ownership.xml · nonDerivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,571

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001493152-19-013075 · ownership.xml · derivative · entry 1

SPEER STANLEY E · CIK 0001191897 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,000

Underlying: Common Stock · 25,000 shares

Expires 2024-08-01

F1 · derivative.exercise_date: The Option was issued pursuant to the Company's 2016 Equity Incentive Plan and shall vest and become exercisable in 1/12 increments over a one-year period commencing on 09/01/2019.