PEDEVCO CORP (PED) director receives 1,111-share equity grant instead of cash pay
Rhea-AI Filing Summary
PEDEVCO CORP director John K. Howie received a grant of common stock as part of his board compensation. On 2026-08-12 he acquired 1,111 shares of common stock at a referenced value of $11.25 per share, taken in lieu of cash compensation under the company’s 2021 Equity Incentive Plan. Following this grant, he directly holds 11,467 shares of PEDEVCO CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,111 shares
Net Buy
1 txn
Insider
Howie John K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,111 | $11.25 | $12K |
Holdings After Transaction:
Common Stock — 11,467 shares (Direct)
Footnotes (1)
- F1. Reflects the acquisition of shares in lieu of cash compensation for services as a director issued under the Issuer's 2021 Equity Incentive Plan.
Key Figures
Shares acquired: 1,111 shares
Reference price per share: $11.25 per share
Shares owned after grant: 11,467 shares
3 metrics
Shares acquired
1,111 shares
Grant of common stock on 2026-08-12 for director services
Reference price per share
$11.25 per share
Value used for the 1,111-share director stock grant
Shares owned after grant
11,467 shares
Direct holdings of John K. Howie following the transaction
Key Terms
in lieu of cash compensation, 2021 Equity Incentive Plan, Common Stock
3 terms
in lieu of cash compensation financial
"Reflects the acquisition of shares in lieu of cash compensation for services"
2021 Equity Incentive Plan financial
"issued under the Issuer's 2021 Equity Incentive Plan"
Common Stock financial
"security_title: Common Stock, transaction_shares: 1111.0000"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did PEDEVCO CORP (PED) director John K. Howie report in this Form 4?
John K. Howie reported receiving 1,111 shares of PEDEVCO CORP common stock on 2026-08-12 as a grant/award for his service as a director, rather than cash compensation.
Was John K. Howie’s PEDEVCO CORP (PED) stock grant part of a 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, and the footnote attributes the shares to regular director compensation under the 2021 Equity Incentive Plan.
How was John K. Howie compensated by PEDEVCO CORP (PED) in this Form 4 event?
He received shares in lieu of cash compensation, specifically 1,111 shares of common stock granted for his services as a director under the 2021 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.