PEDEVCO (PED) EVP reports preferred stock converting to common

Rhea-AI Filing Summary

PEDEVCO CORP Executive VP Clark Moore reported an automatic conversion of preferred stock into common shares. On February 27, 2026, 4,546 shares of Series A Convertible Preferred Stock converted into 45,460 shares of common stock at a 10-for-1 ratio, with a recorded price of $0.00 per share.

The preferred stock became convertible only after an information statement was distributed and majority stockholder approval occurred on October 31, 2025, making February 27, 2026 the Automatic Conversion Date. After the conversion, Moore directly owned 1,464,509 common shares and indirectly reported 2,867 common shares held by a minor child.

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^*

Clark Moore

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		M		45,460	A	(1)	1,464,509	D
Common Stock								2,867	I	By minor child(2)

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
Series A Convertible Preferred Stock	(3)	02/27/2026		M			4,546	(3)	(3)	Common Stock	45,460	$0	0	D

Explanation of Responses:

1. On the Automatic Conversion Date (defined below), the Convertible Series A Preferred Stock converted into common stock of the Issuer automatically pursuant to its terms based on a conversion ratio of 10-for-1.

2. Represents 2,867 shares of the Issuer's common stock owned by Reporting Person's minor child.

3. The Convertible Series A Preferred Stock was 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, which Automatic Conversion Date was February 27, 2026.

	/s/ Clark R. Moore	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did PEDEVCO (PED) Executive VP Clark Moore report in this Form 4?

Clark Moore reported an automatic conversion of Series A Convertible Preferred Stock into common shares. On February 27, 2026, 4,546 preferred shares converted into 45,460 common shares at a 10-for-1 ratio, reflecting an exercise or conversion of a derivative security.

How many PEDEVCO common shares did Clark Moore hold after the reported transactions?

After the conversion, Clark Moore directly held 1,464,509 shares of PEDEVCO common stock. The filing also reports indirect ownership of 2,867 common shares held by Moore’s minor child, which are listed separately as indirect ownership by a related party.

Was the PEDEVCO preferred-to-common stock conversion a cash purchase by Clark Moore?

No, the conversion was reported at a price of $0.00 per share, indicating no cash purchase. It reflects an automatic exercise or conversion of Series A Convertible Preferred Stock into common stock pursuant to the security’s terms and the established 10-for-1 conversion ratio.

What is the conversion ratio for PEDEVCO’s Series A Convertible Preferred Stock?

The Series A Convertible Preferred Stock converts into common stock at a 10-for-1 ratio. In this filing, 4,546 preferred shares became 45,460 common shares, illustrating how each preferred share automatically converts into ten common shares under the terms described.

When did PEDEVCO’s Series A preferred stock become eligible to convert into common stock?

The preferred stock became convertible only after an information statement was distributed and majority stockholder approval occurred on October 31, 2025. That process established February 27, 2026 as the Automatic Conversion Date when the preferred shares converted into common stock.

How are the 2,867 PEDEVCO shares held by Clark Moore’s minor child reported?

The 2,867 common shares are reported as indirect ownership, held by Clark Moore’s minor child. The filing notes that these shares belong to the minor child, distinguishing them from Moore’s 1,464,509 directly held common shares following the preferred stock conversion.