Pedevco officer surrenders shares for tax withholding
Pedevco Corp’s chief commercial officer reports a routine tax-related share surrender.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,919 | $0.593 | $4K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Pedevco (PED) report for Jody D. Crook?
What is transaction code F on the Pedevco (PED) Form 4 for Jody Crook?
What role does Jody D. Crook hold at Pedevco (PED) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.