Maria S. Dreyfus, a director at Cadiz Inc., has acquired 4,954 shares of the company as part of its 2019 Equity Incentive Plan. This acquisition, reported in a recent SEC filing, highlights the ongoing commitment of company executives to align their interests with those of shareholders.
The transaction took place on October 1, 2026, with the shares priced at $3.785 each. Following this acquisition, Dreyfus now holds a total of 201,524 shares in Cadiz Inc.
Background
Cadiz Inc., identified by the Central Index Key (CIK) 0000727273, operates within the water supply industry, classified under the SIC code 4941. The company, incorporated in Delaware, focuses on sustainable water supply solutions. Its business address is located at 550 South Hope Street, Suite 2850, Los Angeles, CA.
What the Filing Says
The SEC filing, accession number 0001751484-26-000004, details Dreyfus's acquisition of shares under the company's equity incentive plan. It states, "Shares issued to the Reporting Person under the 2019 Equity Incentive Plan, as amended, in lieu of cash compensation for services rendered by the Reporting Person as a director of the Issuer during the 3-month period beginning July 1, 2026." This indicates that the shares were granted as compensation for her role on the board.
Impact
This acquisition may have implications for both the company and its shareholders. Dreyfus's increased stake in Cadiz Inc. could signal confidence in the company's future, potentially influencing other investors' perceptions. Additionally, her role as a director places her in a position to impact company decisions and strategies moving forward.
What's Next
The filing does not say what happens next.