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AI brief of an SEC Form 8-K · CADIZ INC (CDZIP)

Cadiz names Jacinto Hernandez CFO effective September 1, 2026, succeeding Stanley Speer

Neutral Impact 4 of 5 leadership Written later

Cadiz said Chief Financial Officer Stanley Speer will retire effective September 1, 2026, and Jacinto J. Hernandez, currently Executive Vice President of Finance, will become CFO on that date. Speer will serve as an advisor through December 31, 2026, and his separation terms include accelerated vesting of restricted stock units and a new grant tied to the Northern Pipeline project financing.

Key points

  • Stanley E. Speer retires as CFO effective September 1, 2026, and advises the company through December 31, 2026 at $10,000 per month.
  • Jacinto J. Hernandez, age 47, has an annual base salary of $400,000 and a cash bonus target of 100% of salary.
  • Hernandez's inducement awards total 800,000 restricted stock units and 800,000 performance stock units, subject to Compensation Committee approval.

The filing

CompanyCADIZ INC (CDZIP)
Form8-K, current report
Filed with the SECJul 27, 2026, 8:00 AM ET
Accession number0001213900-26-081581

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 27, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.