PINKSTON PAUL ANTHONY 4

What Happened

• Paul Anthony Pinkston, Chief Accounting Officer of PEDEVCO Corp (PED), surrendered a total of 44,476 shares to satisfy tax withholding obligations tied to the vesting of restricted stock. On 2026-01-23 he surrendered 19,767 shares at $0.58 each ($11,465) and on 2026-01-26 he surrendered 24,709 shares at $0.59 each ($14,652). These were tax-withholding transactions, not open-market sales — no new shares were issued or sold.

Key Details

• Transaction dates and prices:
  • 2026-01-23: 19,767 shares at $0.58 (value ~$11,465) — tax withholding (code F).
  • 2026-01-26: 24,709 shares at $0.59 (value ~$14,652) — tax withholding (code F).
• Total surrendered: 44,476 shares, combined value ≈ $26,117.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 and F2 state these shares were surrendered to satisfy withholding on the vesting of restricted stock granted Jan 23, 2023 (66,667 shares) and Jan 26, 2024 (83,333 shares). Per the filing, no shares were issued or sold; per-share values reflect NYSE American closing prices on the vesting dates.
• Timeliness: Form 4 filed 2026-01-27; filings covering the 2026-01-23 and 2026-01-26 transactions appear to be timely under Form 4 reporting rules.
• Other: Filing references a Power of Attorney (Exhibit 24.1) from a prior Form 4.

Context

• These were routine tax-withholding actions following restricted stock vesting (a common occurrence), not purchases or market sales, and therefore do not necessarily indicate a change in insider sentiment. Transaction code F denotes shares surrendered to cover tax liabilities rather than market disposals.