PEDEVCO (PED) COO converts Series A preferred into common shares

Rhea-AI Filing Summary

PEDEVCO CORP COO Dukes Reagan Tuck reported acquiring common stock through automatic conversion of preferred shares. On February 27, 2026, 9,546 shares of Series A Convertible Preferred Stock converted into common stock at a 10‑for‑1 ratio, resulting in entries for 95,460 and 1,022,400 shares of common stock held directly.

The conversion occurred automatically after an information statement and majority stockholder approval, as described in the security’s terms. Certain shares were originally issued to affiliates of Juniper Capital Advisors on Tuck’s behalf and then issued in his name under a pre‑existing agreement.

Insider Trade Summary

9,546 shares exercised/converted

Mixed 3 txns

Insider DUKES REAGAN TUCK

Role COO

Type	Security	Shares	Price	Value
Conversion	Series A Convertib le Preferred Stock	9,546	$0.00	--
Conversion	Common Stock	95,460	$0.00	--
Conversion	Common Stock.	1,022,400	$0.00	--

Holdings After Transaction: Series A Convertib le Preferred Stock — 0 shares (Direct); Common Stock — 95,460 shares (Direct); Common Stock. — 1,117,850 shares (Direct)

Footnotes (1)

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. Represents shares of common stock of the Issuer originally issued to certain affiliates of Juniper Capital Advisors, L.P. ("Juniper") on behalf of the Reporting Person as shares of convertible preferred stock. On the Automatic Conversion Date, the shares of common stock to be received upon conversation of the convertible preferred stock were issued in the name of the Reporting Person pursuant to a pre-existing agreement with Juniper. 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.

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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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^*

DUKES REAGAN TUCK

(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)
	COO

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		C		95,460	A	$0(1)	95,460	D
Common Stock.	02/27/2026		C		1,022,400	A	$0(2)	1,117,850	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
Series A Convertib le Preferred Stock	$0(3)	02/27/2026		C			9,546	(3)	(3)	Common Stock	95,460	$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 shares of common stock of the Issuer originally issued to certain affiliates of Juniper Capital Advisors, L.P. ("Juniper") on behalf of the Reporting Person as shares of convertible preferred stock. On the Automatic Conversion Date, the shares of common stock to be received upon conversation of the convertible preferred stock were issued in the name of the Reporting Person pursuant to a pre-existing agreement with Juniper.

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.

Remarks:

See the Power of Attorney filed as Exhibit 24.1.

	/s/ Clark R. Moore, attorney-in-fact for Reagan T. Dukes	03/03/2026
	** 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.
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FAQ

What insider transaction did PEDEVCO (PED) report for COO Dukes Reagan Tuck?

PEDEVCO reported its COO, Dukes Reagan Tuck, acquiring common shares via automatic conversion of preferred stock. The filing shows preferred shares converting into common on February 27, 2026, under preset terms rather than an open-market purchase or sale.

How many PEDEVCO common shares did Dukes Reagan Tuck acquire in this Form 4?

The Form 4 shows derivative conversions resulting in entries of 95,460 and 1,022,400 shares of PEDEVCO common stock held directly. These came from automatic conversion of Series A Convertible Preferred Stock, rather than cash purchases, on the same February 27, 2026 conversion date.

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

The Series A Convertible Preferred Stock converted into common stock at a 10‑for‑1 ratio. This means each preferred share became ten common shares automatically once the specified “Automatic Conversion Date” was reached under the security’s governing terms.

When did PEDEVCO’s Series A preferred automatically convert to common for this insider?

The automatic conversion occurred on February 27, 2026, defined as the “Automatic Conversion Date.” That date followed distribution of an information statement and majority stockholder approval of the conversion and related matters, triggering the mandatory conversion feature in the preferred stock.

What role did Juniper Capital Advisors play in Dukes Reagan Tuck’s PEDEVCO shares?

Some common shares were originally issued as convertible preferred stock to affiliates of Juniper Capital Advisors on Tuck’s behalf. On the Automatic Conversion Date, the resulting common shares were issued in Tuck’s name under a pre‑existing agreement between him and Juniper.

Was Dukes Reagan Tuck’s PEDEVCO transaction a market buy or a conversion?

The reported activity was a conversion, not a market buy or sale. The Form 4 uses code “C” for conversion of derivative securities, reflecting Series A preferred shares automatically turning into common stock based on preset terms and prior stockholder approval.