PEDEVCO Corp Chief Commercial Officer Jody D. Crook filed a Form 4 on November 3, 2026, disclosing the surrender of 1,218 shares of common stock on November 2, 2026, to satisfy tax withholding obligations connected to the vesting of restricted stock.

Key Highlights

  • Transaction type: 1,218 shares of common stock were disposed of under transaction code F (tax withholding surrender) on November 2, 2026.
  • Price per share: The shares were valued at $16.64, reflecting the NYSE American closing price on the vesting date, according to the filing.
  • Underlying vesting event: The surrender relates to 5,000 shares of restricted stock granted to Crook on October 31, 2025.
  • Board pre-approval: The filing states the terms of the forfeiture were approved in advance by the issuer's Board of Directors and the transaction is exempt from Section 16(b) pursuant to Rule 16b-3(e).
  • Remaining ownership: Following the transaction, Crook directly beneficially owns 32,199 shares of common stock.
  • No open-market sale: The filing states "no shares were issued or sold in this transaction."

Crook's Tax-Withholding Share Surrender at PEDEVCO Corp

According to the Form 4 filed with the SEC on November 3, 2026, Jody D. Crook, Chief Commercial Officer of PEDEVCO Corp (NYSE American:PED), surrendered 1,218 shares of common stock to the company on November 2, 2026. The filing identifies the transaction code as F, which represents shares forfeited to the issuer to cover tax withholding obligations arising from the vesting of restricted stock.

The filing states that the surrendered shares were part of a 5,000-share restricted stock grant made to Crook on October 31, 2025. The per-share value assigned to the surrendered shares was $16.64, described in the filing as the price per share on the vesting date as reported on the NYSE American. The filing further notes that the Board of Directors approved the forfeiture terms in advance, and that the transaction is exempt from Section 16(b) pursuant to Rule 16b-3(e).

After the reported transaction, the filing shows Crook directly and beneficially owns 32,199 shares of PEDEVCO common stock. No derivative securities transactions were reported. The Form 4 was signed by Clark R. Moore as attorney-in-fact for Jody Crook, referencing a Power of Attorney filed as Exhibit 24 to the Form 3 filed by the reporting person on January 2, 2025.

What Was Disclosed

Jody D. Crook, Chief Commercial Officer of PEDEVCO Corp, disclosed the surrender of 1,218 common shares at $16.64 per share on November 2, 2026, to satisfy tax withholding on a vesting restricted stock grant, leaving a direct beneficial ownership of 32,199 shares.