PEDEVCO (PED) CFO files Form 3; 9,546 shares underlying
PEDEVCO (PED) reported an insider ownership update as CFO and Treasurer Robert J. Long filed a Form 3.
Sentiment and the balance of points
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Rhea-AI Filing Summary
PEDEVCO (PED) reported an insider ownership update as CFO and Treasurer Robert J. Long filed a Form 3. He reports 0 shares of common stock directly owned. He holds Series A Convertible Preferred Stock that will automatically convert into 9,546 shares of common stock at a 10-for-1 ratio on the “Automatic Conversion Date.” The conversion begins after a twenty-day period following distribution of an information statement to shareholders; majority stockholder approval occurred on October 31, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Series A Convertible Preferred Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The Convertible Series A Preferred Stock is not convertible until the expiration of the twenty calendar day period (the "Automatic Conversion Date") commencing on the distribution to the Issuer's shareholders in accordance with Rule 14c-2 of Regulation 14C promulgated under the Securities and Exchange Act of 1934, as amended, of an information statement disclosing, among other things, the approval of such conversion and related matters by the majority stockholders of the Issuer which occurred on October 31, 2025.
- F2. The Convertible Series A Preferred Stock have no expiration date, but automatically convert into common stock of the Issuer in a ratio of 10-for-1 on the Automatic Conversion Date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PEDEVCO (PED) disclose in this Form 3?
When does the PEDEVCO (PED) preferred stock convert?
Was the conversion approved for PEDEVCO (PED)?
Does the PEDEVCO (PED) preferred stock have an expiration date?
AI-generated analysis. How Rhea-AI works. Not financial advice.