Pedevco (PED) director John K. Howie granted 21,499 shares as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Howie John K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,499 | $0.5814 | $12K |
Holdings After Transaction:
Common Stock — 191,499 shares (Direct)
Footnotes (1)
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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.
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 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.