Clark Moore 4

What Happened Clark Moore, Executive Vice President of PEDEVCO Corp. (PED), surrendered 41,181 shares at $0.58 (value $23,885) on Jan 23, 2026 and 61,771 shares at $0.59 (value $36,630) on Jan 26, 2026 — a total of 102,952 shares surrendered to satisfy tax withholding related to restricted stock vesting. Per the filing, no shares were sold on the open market and no new shares were issued; the per-share amounts reflect the NYSE American price on the vesting dates.

Key Details

• Transaction dates & amounts: 41,181 @ $0.58 (1/23/2026) = $23,885; 61,771 @ $0.59 (1/26/2026) = $36,630. Total ~102,952 shares / $60,515.
• Purpose: Tax withholding in connection with vesting of restricted stock (100,000-share grant dated Jan 23, 2023 and 150,000-share grant dated Jan 26, 2024) — footnotes F1 and F2.
• Shares owned after transaction: not specified in the provided excerpt; filing notes 2,867 shares are owned by the reporting person’s minor child (footnote F3).
• Filing/timeliness: Form 4 filed 2026-01-27 covering period of report 2026-01-23; filing appears timely.

Context This was a routine “net share settlement”/share surrender to cover withholding taxes on vested restricted stock — not an open-market sale. Such transactions are common and generally reflect tax obligations rather than a decision to liquidate holdings for cash. The per-share values used are the NYSE American prices on the respective vesting dates.