PEDEVCO (NYSE: PED) CFO acquires 926,160 common shares through preferred stock conversion

Rhea-AI Filing Summary

PEDEVCO CORP CFO and Treasurer Robert Joseph Long reported the automatic conversion of Series A Convertible Preferred Stock into common stock. On February 27, 2026, 9,546 preferred shares converted into common at a 10-for-1 ratio, resulting in acquisitions of 95,460 and 830,700 common shares in separate entries.

Following these derivative conversions, Long directly owned 926,160 shares of PEDEVCO common stock. The footnotes explain that the preferred shares were originally issued to affiliates of Juniper Capital Advisors, L.P. on his behalf and became convertible only after shareholder approval on October 31, 2025 and the required twenty-day period.

Insider Trade Summary

9,546 shares exercised/converted

Mixed 3 txns

Insider Long Robert Joseph

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Conversion	Series A Convertible Preferred Stock	9,546	$0.00	--
Conversion	Common Stock	95,460	$0.00	--
Conversion	Common Stock	830,700	$0.00	--

Holdings After Transaction: Series A Convertible Preferred Stock — 0 shares (Direct); Common Stock — 95,460 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

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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^*

Long Robert Joseph

(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)
	CFO and Treasurer

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	(1)	95,460	D
Common Stock	02/27/2026		C		830,700	A	(2)	926,160	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 Convertible Preferred Stock	(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 Robert J. Long	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).
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FAQ

What insider transaction did PED CFO Robert Joseph Long report?

Robert Joseph Long reported automatic conversions of Series A Convertible Preferred Stock into PEDEVCO common stock. On February 27, 2026, multiple derivative conversions occurred at a 10-for-1 ratio, increasing his directly owned common shares to 926,160 according to the filing details.

How many PEDEVCO (PED) preferred shares were converted in this Form 4?

The filing shows 9,546 preferred shares converted from Series A Convertible Preferred Stock. These shares automatically converted into common stock at a 10-for-1 ratio on February 27, 2026, following prior shareholder approval and completion of a required twenty-day conversion period.

How many PEDEVCO (PED) common shares does the CFO now hold?

After the reported conversions, the CFO holds 926,160 common shares directly. This total reflects acquisitions of 95,460 and 830,700 common shares on February 27, 2026, resulting from the automatic conversion of his Series A Convertible Preferred Stock holdings.

Were PED CFO transactions open-market buys or derivative conversions?

The transactions were derivative conversions, not open-market buys. All three entries use code “C” for conversion of derivative security, reflecting automatic conversion of Series A Convertible Preferred Stock into common stock at a 10-for-1 ratio, with no purchase price per share reported.

What triggered the automatic conversion of PED’s Series A Preferred Stock?

The automatic conversion followed shareholder approval and a 20-day period. Majority stockholders approved the conversion and related matters on October 31, 2025, and the preferred shares became automatically convertible after a twenty calendar day period, with the Automatic Conversion Date on February 27, 2026.

What role did Juniper Capital affiliates play in the PED preferred shares?

The preferred shares were originally issued to Juniper affiliates on behalf of Robert Joseph Long. The filing notes that, on the Automatic Conversion Date, the common shares issuable upon conversion were issued directly in his name under a pre-existing agreement with Juniper Capital Advisors, L.P.