PEDEVCO insider Clark R. Moore reports Rule 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PEDEVCO Corp (PED) executive Clark R. Moore reported a sale of company stock. On 11/24/2025, the Executive Vice President sold 58,333 shares of PEDEVCO common stock at a weighted average price of $0.4558 per share in an open market transaction coded as a sale.
After this transaction, Moore beneficially owns 1,522,001 PEDEVCO common shares directly, plus 2,867 shares indirectly through a minor child. The filing notes the shares were sold under a pre-arranged Rule 10b5-1 trading plan to cover tax liabilities related to the November 23, 2025 vesting of restricted stock granted under the company’s 2021 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 58,333 shares ($26,588)
Net Sell
2 txns
Insider
Clark Moore
Role
Executive VP
Sold
58,333 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 58,333 | $0.4558 | $27K |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 1,522,001 shares (Direct);
Common stock — 2,867 shares (Indirect, By minor child)
Footnotes (1)
- Shares were sold pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person to satisfy the Reporting Person's tax liability in connection with the November 23, 2025 vesting of certain shares of restricted stock which were granted under the Company's 2021 Equity Incentive Plan, which grants were exempt from Section 16(b) pursuant to Rule 16b-3. This transaction was executed in multiple trades at prices ranging from $0.4458 to $0.51, inclusive. The price reported above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. Represents 2,867 shares of the Issuer's common stock owned by Reporting Person's minor child.
FAQ
What insider transaction was reported for PEDEVCO Corp (PED)?
The Executive Vice President of PEDEVCO Corp (PED), Clark R. Moore, reported selling 58,333 shares of common stock on 11/24/2025 in an open market sale.
What is a Rule 10b5-1 trading plan in the context of this PEDEVCO Form 4?
In this context, a Rule 10b5-1 trading plan is a pre-arranged contract or instruction for trading PEDEVCO stock, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) for the insider.
Who filed this PEDEVCO (PED) Form 4 and what is their role?
The Form 4 was signed by /s/ Clark R. Moore, who is identified as an Officer of PEDEVCO Corp with the title Executive VP.