PED CAO tax-related sale of 19,000 shares at $0.4559 disclosed

Rhea-AI Filing Summary

Pedevco Corp (PED) reported an insider stock transaction by its Chief Accounting Officer. On November 24, 2025, the reporting person sold 19,000 shares of common stock in an open market transaction coded as a sale. The weighted average sale price was $0.4559 per share, with individual trades executed between $0.4457 and $0.51.

The filing states that the shares were sold under a pre-arranged Rule 10b5-1 trading plan that had been previously adopted. The purpose of the sale was to cover the reporting person’s tax liability arising from the November 23, 2025 vesting of restricted stock granted under Pedevco’s 2021 Equity Incentive Plan. After this transaction, the reporting person beneficially owned 797,700 shares of Pedevco common stock, held directly.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

PINKSTON PAUL ANTHONY

(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)
	CAO

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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	11/24/2025		S		19,000(1)	D	$0.4559(2)	797,700	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

Explanation of Responses:

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.

2. This transaction was executed in multiple trades at prices ranging from $0.4457 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.

Remarks:

See Power of Attorney filed as Exhibit 24.1 to the Form 4 filed by the Reporting Person on December 20, 2019.

	/s/ Clark R. Moore, attorney-in-fact for Paul Pinkston	11/25/2025
	** 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 insider transaction was reported for Pedevco Corp (PED)?

The Chief Accounting Officer of Pedevco Corp (PED) reported an open market sale of 19,000 shares of common stock on November 24, 2025, coded as a sale transaction.

At what price were the PED shares sold in this Form 4 filing?

The filing reports a weighted average sales price of $0.4559 per share, with the individual trades executed at prices ranging from $0.4457 to $0.51, inclusive.

Why did the Pedevco (PED) officer sell 19,000 shares?

The shares were sold under a previously adopted Rule 10b5-1 trading plan to satisfy the reporting person’s tax liability related to the November 23, 2025 vesting of restricted stock granted under the company’s 2021 Equity Incentive Plan.

How many Pedevco (PED) shares does the insider own after the transaction?

Following the reported sale, the insider beneficially owned 797,700 shares of Pedevco common stock, held in direct ownership.

Was this Pedevco (PED) insider sale part of a 10b5-1 plan?

Yes. The filing explains that the 19,000-share sale was made pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person.

What role does the reporting person hold at Pedevco Corp (PED)?

The reporting person is identified as an officer of Pedevco Corp, serving as the company’s Chief Accounting Officer (CAO).