Pedevco (PED) director receives 782-share stock award for board service

Rhea-AI Filing Summary

PEDEVCO CORP director John K. Howie received additional equity compensation. He acquired 782 shares of Common Stock at $15.98 per share as a grant or award, taken in lieu of cash compensation for board services under the company’s 2021 Equity Incentive Plan. Following this award, he holds 10,356 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Howie John K

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	782	$15.98	$12K

Holdings After Transaction: Common Stock — 10,356 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares awarded: 782 shares Award price per share: $15.98 per share Shares held after transaction: 10,356 shares +1 more

4 metrics

Shares awarded 782 shares Equity grant in lieu of director cash compensation

Award price per share $15.98 per share Reference price for Common Stock award

Shares held after transaction 10,356 shares Director’s direct Common Stock holdings post-award

Acquisition transactions 1 transaction Form 4 transaction_summary acquireCount

Key Terms

Equity Incentive Plan, Grant, award, or other acquisition, Common Stock, in lieu of cash compensation

4 terms

Equity Incentive Plan financial

"issued under the Issuer's 2021 Equity Incentive Plan"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

in lieu of cash compensation financial

"acquisition of shares in lieu of cash compensation for services"

Form 4 Insider Transactions: What Each Field Means →

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^*

Howie John K

(Last) (First) (Middle)

575 N. DAIRY ASHFORD

ENERGY CENTER II, SUITE 210

(Street)

HOUSTON TEXAS 77079

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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

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

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

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	04/30/2026		A		782(1)	A	$15.98	10,356	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	05/01/2026
	** 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).
** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Pedevco (PED) director John K. Howie report?

John K. Howie reported acquiring 782 shares of PEDEVCO CORP Common Stock. The shares were received as a grant or award rather than an open-market purchase, compensating him for director services under the company’s 2021 Equity Incentive Plan.

Was John K. Howie’s Form 4 transaction a stock purchase or an award at Pedevco (PED)?

The Form 4 shows an award, not an open-market purchase. Code A and the footnote indicate the 782 shares were granted in lieu of cash compensation for director services under PEDEVCO CORP’s 2021 Equity Incentive Plan.

How many Pedevco (PED) shares does John K. Howie hold after this Form 4 transaction?

After the reported award, John K. Howie directly holds 10,356 shares of PEDEVCO CORP Common Stock. This total includes the 782 shares granted as equity compensation for his role as a director under the 2021 Equity Incentive Plan.

What price per share is reported for John K. Howie’s equity award at Pedevco (PED)?

The Form 4 reports a reference price of $15.98 per share for the 782-share award. While this is not an open-market purchase price, it reflects the value used to measure the director’s equity-based compensation in lieu of cash.

Is John K. Howie’s Pedevco (PED) Form 4 transaction routine compensation?

The transaction appears to be routine compensation. A footnote explains the 782 shares were issued in lieu of cash compensation for director services under PEDEVCO CORP’s 2021 Equity Incentive Plan, a common structure for board-level equity awards.