Pedevco (PED) CCO surrenders 6,919 shares to cover taxes on vesting
Rhea-AI Filing Summary
Pedevco Corp’s chief commercial officer reports a routine tax-related share surrender. On January 26, 2026, Jody D. Crook surrendered 6,919 shares of Pedevco common stock back to the company to cover tax withholding tied to the vesting of 23,333 restricted shares granted on January 26, 2024.
No shares were issued or sold in this transaction; it is purely an administrative step for taxes using the NYSE American closing price of $0.593 per share on the vesting date. After this tax withholding event, Crook beneficially owns 622,885 Pedevco common shares directly.
Positive
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Negative
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Insider Trade Summary
Net Seller: 6,919 shares
Net Sell
1 txn
Insider
Crook Jody D.
Role
CHIEF COMMERCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,919 | $0.593 | $4K |
Holdings After Transaction:
Common Stock — 622,885 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock of the Issuer surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of 23,333 shares of restricted stock granted to the reporting person on January 26, 2024. No shares were issued or sold in this transaction. The per-share value assigned to the shares surrendered reflects the price per share on the date on which the shares vested as reported on the NYSE American.
FAQ
What insider transaction did Pedevco (PED) report for Jody D. Crook?
Pedevco reported that chief commercial officer Jody D. Crook surrendered 6,919 common shares on January 26, 2026. The shares covered tax withholding from the vesting of 23,333 restricted shares granted on January 26, 2024, with no shares issued or sold.
What is transaction code F on the Pedevco (PED) Form 4 for Jody Crook?
Transaction code F indicates shares withheld or surrendered to satisfy tax obligations upon vesting of equity awards. In this case, 6,919 Pedevco common shares were surrendered in connection with the vesting of 23,333 restricted shares originally granted to Crook in January 2024.
What role does Jody D. Crook hold at Pedevco (PED) in this Form 4?
The Form 4 identifies Jody D. Crook as an officer of Pedevco, serving as chief commercial officer. The reported transaction relates to equity compensation, specifically restricted stock granted to Crook that vested and triggered associated tax withholding requirements.
AI-generated analysis. How Rhea-AI works. Not financial advice.