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[Form 4] PEDEVCO CORP Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

PEDEVCO Corp (PED) reported a Form 4 showing a grant of 49,396 shares of restricted common stock tied to board service by Joshua Schmidt, a designated director of an affiliate of the reporting person. The shares were issued under the company’s 2021 Equity Incentive Plan as consideration for services as a board member and were then transferred to Juniper Capital II PED Holdings, LLC and NPR Partners PED Holdings, LLC. These restricted shares are subject to forfeiture and vest in four equal 25% installments on the three, six, nine, and twelve month anniversaries of October 31, 2025, contingent on Mr. Schmidt’s continued service and the terms of a restricted share grant agreement. The reporting person, a 10% owner, is the sole general partner of the investment funds that own the holding entities and disclaims beneficial ownership beyond its pecuniary interest.

Positive
  • None.
Negative
  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Juniper Capital II GP, L.P.

(Last) (First) (Middle)
2727 ALLEN PARKWAY
SUITE 1850

(Street)
HOUSTON TX 77019

(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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/13/2025
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 11/13/2025 J(1) 49,396(2) A $0(3) 49,396 I See Footnote(4)
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. Upon receipt by Joshua Schmidt, the shares of Restricted Common Stock were transferred to Juniper Capital II PED Holdings, LLC ("Fund II Holdings") and NPR Partners PED Holdings, LLC ("NPR Partners Holdings"), since Mr. Schmidt is a designated director of an affiliate of the Reporting Person.
2. The shares of Restricted Common Stock were issued to Mr. Schmidt pursuant to the Issuer's 2021 Equity Incentive Plan and are subject to forfeiture. The shares vest at the rate of (i) 25% of the shares on the three (3) month anniversary of October 31, 2025; (ii) 25% on the six (6) month anniversary of October 31,2025; (iii) 25% on the nine (9) month anniversary of October 31, 2025; and (iv) 25% on the twelve (12) month anniversary of October 31, 2025, subject to Mr. Schmidt's continued service to the Issuer on such vesting dates, and subject to the terms and conditions of a Restricted Shares Grant Agreement entered into by and between the Issuer and Mr. Schmidt.
3. Issued to Mr. Schmidt in consideration for services rendered and agreed to be rendered as a member of the Board of Directors of the Issuer.
4. The Reporting Person is the sole general partner of (i) Juniper Capital II, L.P., a Delaware limited partnership and investment fund that wholly owns and controls Fund II Holdings and (ii) Juniper NPR Partners, L.P., a Delaware limited partnership and investment fund that wholly owns and controls NPR Partners Holdings. The Reporting Person disclaims beneficial ownership in the securities except to the extent of its pecuniary interest therein.
/s/ Edward Geiser, Authorized Signatory 11/17/2025
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PEDEVCO Corp (PED) disclose in this Form 4 filing?

The filing reports that 49,396 shares of restricted common stock of PEDEVCO Corp were granted in connection with board service by Joshua Schmidt, with the reporting person classified as a 10% owner.

How many PEDEVCO (PED) shares were granted and at what price?

The Form 4 shows a grant of 49,396 restricted common shares at a reported price of $0, reflecting that the shares were issued as consideration for services rather than a cash purchase.

What is the vesting schedule for the 49,396 PEDEVCO restricted shares?

The 49,396 restricted shares vest in four equal installments of 25% each on the three, six, nine, and twelve month anniversaries of October 31, 2025, subject to Mr. Schmidt’s continued service and the grant agreement terms.

Who ultimately holds the restricted PEDEVCO (PED) shares reported in this Form 4?

Upon receipt by Joshua Schmidt, the restricted shares were transferred to Juniper Capital II PED Holdings, LLC and NPR Partners PED Holdings, LLC, which are wholly owned by investment funds for which the reporting person is the sole general partner.

Does the reporting person claim full beneficial ownership of the PEDEVCO shares?

No. The reporting person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest, due to its role as general partner of the investment funds that control the holding entities.

Under which plan were the PEDEVCO restricted shares issued?

The restricted common stock was issued pursuant to PEDEVCO’s 2021 Equity Incentive Plan, in connection with services rendered and agreed to be rendered as a member of the Board of Directors.

Pedevco

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51.58M
26.33M
70.82%
2.45%
0.15%
Oil & Gas E&P
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