---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-081581"
form_type: "8-K"
ticker: "CDZI"
cik: "0000727273"
company_name: "CADIZ INC"
filed_at: "2026-07-27T12:00:29+00:00"
generated_at: "2026-07-27T12:05:13.711285+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cadiz names Jacinto Hernandez as CFO; Stanley Speer to retire Sept 1, 2026

## Summary
- Hernandez appointed EVP of Finance immediately, becomes CFO on Sept 1, 2026; base salary $400,000, target bonus 100%.
- Inducement awards: 800,000 RSUs (200,000 vested on grant, 600,000 vest quarterly over 3 years) and 800,000 PSUs with stock price hurdles.
- Speer to retire as CFO Sept 1, 2026; advisory role through Dec 31, 2026 at $10,000/month.
- Speer receives accelerated vesting of 68,700 RSUs, new grant of 100,000 fully vested RSUs, and forfeits 150,000 milestone RSUs.
- Controller Teffiny Bagnara promoted to Vice President as part of the transition.

## SEC filing metadata
- accession: 0001213900-26-081581
- form_type: 8-K
- ticker: CDZI
- cik: 0000727273
- company_name: CADIZ INC
- filed_at: 2026-07-27T12:00:29+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727273/000121390026081581/0001213900-26-081581-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727273/000121390026081581/ea0299310-8k_cadiz.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-081581
- JSON: https://secwatch.observer/filing/0001213900-26-081581.json
- Plain text: https://secwatch.observer/filing/0001213900-26-081581.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.