Pedevco (PED) director John K. Howie granted 21,499 shares as equity compensation

Rhea-AI Filing Summary

Pedevco Corp director John K. Howie reported receiving additional company shares as compensation. On February 5, 2026, he acquired 21,499 shares of common stock at $0.5814 per share, taken in lieu of cash fees for his board service under Pedevco’s 2021 Equity Incentive Plan.

Following this grant, Howie directly holds 191,499 Pedevco common shares. The transaction reflects equity-based director compensation rather than an open‑market purchase or sale.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Howie John K

(Last) (First) (Middle)

575 N. DAIRY ASHFORD

ENERGY CENTER II, SUITE 210

(Street)

HOUSTON TX 77079

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEDEVCO CORP [ PED ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/05/2026		A		21,499(1)	A	$0.5814	191,499	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the acquisition of shares in lieu of cash compensation for services as a director issued under the Issuer's 2021 Equity Incentive Plan.

Remarks:

See Power of Attorney filed as Exhibit 24.1 to the Form 3 filed by the Reporting Person on July 22, 2025.

	/s/ Clark R. Moore, attorney-in-fact for John K. Howie	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What did Pedevco (PED) director John K. Howie report on this Form 4?

He reported receiving company stock as director compensation. On February 5, 2026, he acquired 21,499 Pedevco common shares instead of cash fees, issued under the 2021 Equity Incentive Plan, increasing his directly held position to 191,499 shares.

How many Pedevco (PED) shares did John K. Howie acquire and at what price?

He acquired 21,499 common shares at $0.5814 per share. These shares were granted as equity compensation, not bought in the open market, and were issued under Pedevco’s 2021 Equity Incentive Plan for his services as a director.

How many Pedevco (PED) shares does John K. Howie own after this transaction?

After the reported transaction, he directly beneficially owns 191,499 Pedevco common shares. This total reflects the additional 21,499 shares granted on February 5, 2026, as stock in lieu of cash compensation for serving on the company’s board.

Was the Pedevco (PED) Form 4 transaction a market buy or sell?

It was neither a market buy nor a sale. The Form 4 shows an acquisition coded “A” representing stock granted in lieu of cash director fees under the 2021 Equity Incentive Plan, rather than an open-market transaction at the investor’s discretion.

What plan governed the Pedevco (PED) shares granted to John K. Howie?

The grant was made under Pedevco’s 2021 Equity Incentive Plan. According to the footnote, the 21,499 shares represent compensation for board service paid in stock instead of cash, aligning director pay with the company’s equity-based compensation framework.

What is the transaction code used in John K. Howie’s Pedevco (PED) Form 4?

The filing uses transaction code “A,” indicating an acquisition of securities. In this case, it represents 21,499 common shares granted as stock compensation for director services, rather than a discretionary purchase or sale on the open market.