Crook Jody D. 4
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PEDEVCO (PED) CCO Jody Crook Surrenders Shares for Tax Withholding
What Happened Jody D. Crook, Chief Commercial Officer of PEDEVCO Corp (PED), surrendered 6,919 shares of common stock on January 26, 2026 to satisfy tax withholding obligations tied to the vesting of 23,333 restricted shares granted on January 26, 2024. The per-share value used was $0.59, for a total withholding value of $4,103. The filing notes that no shares were issued or sold in this transaction.
Key Details
- Transaction date and type: 2026-01-26 — tax withholding via share surrender (code F).
- Shares surrendered: 6,919 at $0.59 per share; total value $4,103.
- Related award: withholding to satisfy taxes on vesting of 23,333 restricted shares granted 2024-01-26.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: per-share value reflects the NYSE American price on the vesting date; no shares were issued or sold. Power of Attorney referenced in Form 3 (Exhibit 24) filed 2025-01-02.
- Filing timeliness: report filed 2026-01-27 for a 2026-01-26 transaction (appears timely under Form 4 rules).
Context This was a routine tax-withholding transaction related to restricted stock vesting (not an open-market sale or purchase). Such surrenders are common to cover withholding and do not by themselves indicate an insider’s view on the company’s stock.