{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-012477","form_type":"8-K","ticker":"CDZI","cik":"0000727273","company_name":"CADIZ INC","filed_at":"2024-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.836699+00:00","generated_at":"2026-06-03T17:29:21.117539+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cadiz CEO Kennedy gets new employment agreement with expanded equity incentives","bullets":["Base salary $400,000; annual cash bonus target 100% of base based on performance goals.","450,000 unvested PSUs cancelled; replaced with 700,000 time-vesting RSUs (quarterly through 2026).","600,000 milestone RSUs tied to CEQA, FLPMA permits, and water purchase agreements (5-year horizon).","300,000 PSUs vest at $15/share stock price hurdle; subject to 2019 Plan amendment and stockholder approval.","Equity grants condition on amendment of 2019 Plan to increase authorized shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-012477","json":"https://secwatch.observer/filing/0001437749-24-012477.json","markdown":"https://secwatch.observer/filing/0001437749-24-012477.md","text":"https://secwatch.observer/filing/0001437749-24-012477.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727273/000143774924012477/0001437749-24-012477-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727273/000143774924012477/cdzi20240419_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T17:29:21.117539+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}