PEDEVCO insider filing: 196,359 restricted shares via Juniper funds

Rhea-AI Filing Summary

PEDEVCO Corp. insider ownership filing: A reporting person associated with Juniper Capital reported indirect beneficial ownership of 196,359 shares of PEDEVCO restricted common stock tied to director Joshua Schmidt. These shares were granted to Mr. Schmidt as consideration for his services on the board and then transferred among several Juniper-related investment entities that each wholly own the holding vehicles receiving the stock. The restricted shares vest in four equal 25% installments on the three, six, nine, and twelve month anniversaries of October 31, 2025, subject to Mr. Schmidt’s continued service and the terms of a restricted share grant agreement. The reporting person may be deemed to have voting and dispositive power through its control of the general partners of the related funds but disclaims beneficial ownership beyond any pecuniary interest.

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^*

Geiser Edward

(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)		196,359(2)	A	$0(3)	196,359	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, which is wholly owned by Juniper Capital II, L.P. ("Fund II"); Juniper Capital III PED Holdings, LLC, which is wholly owned by Juniper Capital III, L.P. ("Fund III"); NPR Partners PED Holdings, LLC, which is wholly owned by Juniper NPR Partners, L.P. ("NPR Partners"); North Peak Partners PED Holdings, LLC, which is wholly owned by Juniper North Peak Partners, L.P. ("North Peak Partners"); and J PED, LLC, which is wholly owned by Juniper Capital IV, L.P. ("Fund IV"), 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, as the indirect, sole owner of the general partners of Fund II, Fund III, North Peak Partners, NPR Partners and Fund IV, may be deemed to have voting and dispositive power over the shares of Restricted Common Stock. The Reporting Person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest therein.

	/s/ Edward Geiser	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 the PEDEVCO (PED) Form 4 report about insider share ownership?

The Form 4 reports indirect beneficial ownership of 196,359 shares of restricted common stock related to director Joshua Schmidt, held through several Juniper-affiliated entities.

How do the 196,359 restricted PEDEVCO (PED) shares vest for the director?

The restricted shares vest in four equal 25% tranches on the three, six, nine, and twelve month anniversaries of October 31, 2025, subject to continued service and the grant agreement.

Why were the restricted PEDEVCO (PED) shares issued to Joshua Schmidt?

The restricted common stock was issued to Joshua Schmidt in consideration for services rendered and agreed to be rendered as a member of PEDEVCO’s board of directors.

Which entities hold the restricted PEDEVCO (PED) shares reported on this Form 4?

The shares were transferred to holding entities owned by Juniper Capital II, L.P., Juniper Capital III, L.P., Juniper NPR Partners, L.P., Juniper North Peak Partners, L.P., and Juniper Capital IV, L.P..

Does the reporting person claim full beneficial ownership of the PEDEVCO (PED) restricted shares?

The reporting person states that, as indirect sole owner of the general partners of the Juniper funds, they may be deemed to have voting and dispositive power, but they disclaim beneficial ownership except to the extent of their pecuniary interest.

What is the reporting person’s relationship to PEDEVCO (PED)?

The reporting person is identified as a director and 10% owner of PEDEVCO Corp.