PEDEVCO (PED) Director Howie John K Receives 1,111-Share Award

What Happened Howie John K, a director of PEDEVCO Corp. (ticker: PED), was granted 1,111 shares on 2026-08-12 at an attributed price of $11.25 per share, equal to $12,499 total. The filing reports these shares were issued as compensation in lieu of cash for director services (transaction code A — award/acquisition), not as an open-market purchase.

Key Details

• Transaction date: 2026-08-12; Form 4 filed: 2026-08-14 (filed within the standard 2-business-day window).
• Transaction type/code: Award/Acquisition (A).
• Shares granted: 1,111; per-share value reported: $11.25; total value: $12,499.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 — shares were issued in lieu of cash compensation under the Issuer's 2021 Equity Incentive Plan.
• Remarks: Power of Attorney referenced (Exhibit 24.1 to the Reporting Person’s Form 3 filed 2025-07-22).

Context This is a routine equity grant for director compensation, which is common and does not, by itself, indicate the director is buying or selling based on a view of the stock. Such awards align director pay with shareholder interests but should be weighed alongside other insider transactions and company fundamentals.