[Form 4] PEDEVCO CORP Insider Trading Activity

Rhea-AI Filing Summary

PEDEVCO (PED) Executive VP, General Counsel and Secretary reported equity awards on Form 4. On 10/31/2025, the officer received 500,000 shares of restricted common stock at $0 as compensation tied to the closing of a merger. The award vests 1/3 on each of the first, second, and third anniversaries of the Closing Date, subject to continued service.

The filer also acquired 4,546 shares of Series A Convertible Preferred Stock at $5.5 per preferred share, automatically converting 10-for-1 into 45,460 common shares after the Rule 14c‑2 information statement period. Following these transactions, common stock beneficial ownership was 1,580,334 direct, plus 2,867 indirect via a minor child.

Insights

Equity compensation & governance analyst

Routine insider compensation grant with standard vesting and auto-convertible prefs.

The officer received 500,000 restricted shares at $0 on 10/31/2025, vesting in equal thirds on the first, second, and third anniversaries of the Closing Date. This is typical service-based equity intended to align incentives.

Additionally, the insider acquired 4,546 shares of Series A Convertible Preferred Stock at $5.5, which automatically convert 10-for-1 into 45,460 common shares after the Rule 14c‑2 distribution period tied to approval on Oct 31, 2025. Actual impact depends on future vesting and conversion mechanics disclosed.

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)
10/31/2025

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	10/31/2025(1)		A		500,000(2)	A	$0(3)	1,580,334	D
Common stock								2,867	I	By minor child(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
Series A Convertible Preferred Stock	(6)	10/31/2025		A		4,546		(5)	(6)	Common Stock	45,460	$5.5	4,546	D

Explanation of Responses:

1. Granted by the Board of Directors of the Issuer on October 29, 2025, contingent upon the closing of the transactions contemplated by that certain Agreement and Plan of Merger dated October 31, 2025 between the Issuer, NP Merger Sub, LLC, COG Merger Sub, LLC, North Peak Oil Gas, LLC, Century Oil and Gas Sub-Holdings, LLC, and, solely for purposes of the specified provisions therein, North Peak Oil Gas Holdings, LLC, which closed on October 31, 2025 (the "Closing Date").

2. The shares of Restricted Common Stock were issued to the Reporting Person pursuant to the Issuer's 2021 Equity Incentive Plan and are subject to forfeiture. The shares vest at the rate of (i) 1/3 on the one year anniversary of the Closing Date; (ii) 1/3 on the two year anniversary of the Closing Date; and (iii) 1/3 on the three year anniversary of the Closing Date, subject to the Reporting Person's continued service to the Company 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 the Reporting Person.

3. Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as the Executive Vice President, General Counsel and Secretary of the Issuer.

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

5. The Convertible Series A Preferred Stock is 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.

6. The Convertible Series A Preferred Stock have no expiration date, but automatically convert into common stock of the Issuer in a ratio of 10-for-1 on the Automatic Conversion Date.

	/s/ Clark Moore	11/04/2025
	** 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 PEDEVCO (PED) report on this Form 4?

An officer received 500,000 restricted common shares at $0 and acquired 4,546 Series A Convertible Preferred at $5.5 on 10/31/2025.

What is the vesting schedule for the 500,000 restricted shares at PED?

They vest 1/3 on each of the 1-year, 2-year, and 3-year anniversaries of the Closing Date, subject to continued service.

How do the Series A Convertible Preferred Stock convert at PEDEVCO?

They automatically convert 10-for-1 into common stock after the Rule 14c‑2 information statement period.

What were the insider’s beneficially owned common shares after the transactions?

1,580,334 shares direct and 2,867 shares indirect via a minor child.

What price was paid for the Series A Convertible Preferred Stock?

The price of the derivative security was $5.5 per preferred share.

What triggered the restricted stock grant at PEDEVCO?

The grant was contingent on the 10/31/2025 closing of a merger under an Agreement and Plan of Merger.