PEDEVCO Form 4: 89,886 restricted PED shares to Juniper affiliate

Rhea-AI Filing Summary

PEDEVCO Corp. (PED) reported that an affiliate of Juniper Capital III, L.P., through Juniper Capital III PED Holdings, LLC, indirectly acquired 89,886 shares of restricted common stock on 11/13/2025. The shares were originally issued to director Joshua Schmidt under PEDEVCO’s 2021 Equity Incentive Plan as compensation for his services on the board of directors.

The 89,886 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 shares grant agreement. The reporting person is the sole general partner of Juniper Capital III, L.P., which wholly owns and controls the holding entity, and disclaims beneficial ownership except to the extent of its pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Juniper Capital III GP, L.P.

Role 10% Owner

Type	Security	Shares	Price	Value
Other	Common Stock	89,886	$0.00	--

Holdings After Transaction: Common Stock — 89,886 shares (Indirect, See Footnote)

Footnotes (1)

1. Upon receipt by Joshua Schmidt, the shares of Restricted Common Stock were transferred to Juniper Capital III PED Holdings, LLC ("Fund III Holdings"), since Mr. Schmidt is a designated director of an affiliate of the Reporting Person. 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. 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. The Reporting Person is the sole general partner of Juniper Capital III, L.P., a Delaware limited partnership and investment fund that wholly owns and controls Fund III Holdings. The Reporting Person disclaims beneficial ownership in the securities except to the extent of its pecuniary interest therein.

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
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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 III 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)		89,886(2)	A	$0(3)	89,886	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 III PED Holdings, LLC ("Fund III 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 Juniper Capital III, L.P., a Delaware limited partnership and investment fund that wholly owns and controls Fund III 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.
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FAQ

What transaction did PEDEVCO Corp (PED) report in this Form 4?

The filing reports that an affiliate of Juniper Capital III, L.P., through Juniper Capital III PED Holdings, LLC, indirectly acquired 89,886 shares of PEDEVCO restricted common stock on 11/13/2025.

Who received the 89,886 restricted shares related to PEDEVCO (PED)?

The 89,886 restricted shares were issued to Joshua Schmidt, a director of PEDEVCO, and then transferred to Juniper Capital III PED Holdings, LLC because Mr. Schmidt is a designated director of an affiliate of the reporting person.

How do the PEDEVCO (PED) restricted shares vest for Joshua Schmidt?

The 89,886 restricted shares vest in four tranches: 25% on the three-month anniversary of October 31, 2025, 25% on the six-month anniversary, 25% on the nine-month anniversary, and 25% on the twelve-month anniversary of that date, subject to his continued service and the grant agreement.

What was the consideration for the PEDEVCO (PED) restricted stock grant?

The restricted shares were issued to Joshua Schmidt at a stated price of $0, in consideration for services rendered and agreed to be rendered as a member of PEDEVCO’s Board of Directors.

How is the reporting person related to PEDEVCO (PED) and the holding entity?

The reporting person is the sole general partner of Juniper Capital III, L.P., an investment fund that wholly owns and controls Juniper Capital III PED Holdings, LLC, and it disclaims beneficial ownership of the securities except to the extent of its pecuniary interest.

What is the ownership form of the PEDEVCO (PED) shares after the transaction?

Following the transaction, the 89,886 restricted shares are reported as indirectly owned (I), with the nature of indirect beneficial ownership described through the fund and holding structure in the explanations.