Pedevco (PED) EVP Clark Moore surrenders shares to cover tax on RSU vesting

Rhea-AI Filing Summary

Pedevco Corp Executive VP Clark Moore reported share transactions tied to restricted stock vesting. On January 23, 2026, he surrendered 41,181 shares of common stock at $0.58 per share to the company to cover tax withholding on 100,000 vesting restricted shares, leaving 1,480,820 shares held directly.

On January 26, 2026, he surrendered an additional 61,771 shares at $0.593 per share for tax withholding on 150,000 vesting restricted shares, with 1,419,049 shares then held directly. The filing also notes 2,867 shares held indirectly through his minor child. The company states that no shares were issued or sold in these tax withholding transactions.

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^*

Clark Moore

(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)
	Executive VP

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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.	01/23/2026		F		41,181(1)	D	$0.58(1)	1,480,820	D
Common stock	01/26/2026		F		61,771(2)	D	$0.593(2)	1,419,049	D
Common stock								2,867	I	By minor child(3)

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. Represents shares of common stock of the Issuer surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of 100,000 shares of restricted stock granted to the reporting person on January 23, 2023. No shares were issued or sold in this transaction. The per-share value assigned to the shares surrendered reflects the price per share on the date on which the shares vested as reported on the NYSE American.

2. Represents shares of common stock of the Issuer surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of 150,000 shares of restricted stock granted to the reporting person on January 26, 2024. No shares were issued or sold in this transaction. The per-share value assigned to the shares surrendered reflects the price per share on the date on which the shares vested as reported on the NYSE American.

3. Represents 2,867 shares of the Issuer's common stock owned by Reporting Person's minor child.

	/s/ Clark R. Moore	01/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did Pedevco (PED) Executive VP Clark Moore report in this Form 4?

Clark Moore reported share surrenders to Pedevco for tax withholding tied to restricted stock vesting, not open-market sales. He surrendered 41,181 and 61,771 common shares on two January 2026 dates and reported his updated direct and indirect share holdings.

Were any Pedevco (PED) shares sold on the open market in this filing?

No, the filing states no shares were issued or sold. The reported transactions are shares surrendered back to Pedevco to satisfy tax withholding obligations triggered by the vesting of previously granted restricted stock awards to the executive.

How many Pedevco (PED) shares did Clark Moore surrender for taxes?

Clark Moore surrendered 41,181 common shares on January 23, 2026 and 61,771 common shares on January 26, 2026. Both transactions were to satisfy tax withholding obligations arising from the vesting of 100,000 and 150,000 restricted shares, respectively.

What is Clark Moore’s reported Pedevco (PED) share ownership after these transactions?

After the January 26, 2026 tax-withholding surrender, Clark Moore reported owning 1,419,049 Pedevco common shares directly. The filing also reports 2,867 additional common shares held indirectly through his minor child, reflecting family-related beneficial ownership.

What do the transaction codes in the Pedevco (PED) Form 4 indicate?

The transactions use code “F,” indicating shares were withheld or surrendered to the issuer to pay taxes due at vesting of equity awards. This code distinguishes tax-related share surrenders from discretionary purchases or sales executed in the open market.

What restricted stock grants are referenced in this Pedevco (PED) Form 4?

The Form 4 references 100,000 restricted shares granted on January 23, 2023 and 150,000 restricted shares granted on January 26, 2024. The 2026 share surrenders cover tax withholding when those restricted stock awards vested according to their original grant terms.