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PEDEVCO PED insider plans sale of 34,314 common shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PEDEVCO Corp. (PED) has filed a Form 144 indicating a planned sale of restricted or control securities. The filing covers an intended sale of 34,314 shares of common stock through broker Oppenheimer & Co. Inc. on the NYSE, with an indicated aggregate market value of $15,650.62. The shares were originally acquired from the issuer on 01/23/2025 as compensation, in a non-cash transaction. The filing also notes that 95,519,352 shares of the issuer’s common stock were outstanding, providing context for the size of the planned sale.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does PEDEVCO Corp. (PED) disclose in this Form 144 filing?

The Form 144 discloses a planned sale of 34,314 shares of PED common stock by a holder of restricted or control securities, to be executed through Oppenheimer & Co. Inc. on the NYSE.

How many PEDEVCO (PED) shares are planned to be sold and what is their market value?

The planned sale covers 34,314 common shares of PEDEVCO with an indicated aggregate market value of $15,650.62.

When were the PEDEVCO (PED) shares being sold under Form 144 originally acquired?

The 34,314 common shares were acquired on 01/23/2025 as compensation from the issuer.

On which exchange and through which broker are the PEDEVCO (PED) shares expected to be sold?

The filing lists Oppenheimer & Co. Inc. as broker and names the NYSE as the securities exchange where the common shares are expected to be sold.

How many PEDEVCO (PED) shares were outstanding according to the Form 144?

The Form 144 states that 95,519,352 shares of common stock were outstanding, providing a baseline for the issuer’s share count.

What type of transaction led to the acquisition of the PEDEVCO (PED) shares now being sold?

The shares were obtained via a compensation transaction from the issuer on 01/23/2025, rather than a cash purchase.
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