PEDEVCO Officer Files Intent to Sell $8.7k in Stock via 10b5-1 Plan
PEDEVCO CORP
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Filing Summary
PEDEVCO Officer Files Intent to Sell $8.7k in Stock
Company: PEDEVCO CORP (PED) Form: 144 | Filed: 2025-11-24 Significance: Low
Insider: PINKSTON PAUL ANTHONY Title: Officer | Relationship: Officer
Transaction: • Type: Proposed Sale (10b5-1 Plan) • Shares: 19,000 • Value: $8,662 • Price: ~$0.46 • Owned After: Not Stated
Key Insight: An officer filed a notice for a proposed sale of a very small amount of stock, representing less than 0.02% of the company's market cap.
Market Context: The sale is being conducted under a pre-arranged 10b5-1 trading plan adopted in May 2025, which significantly reduces its importance as a current market signal.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: PEDEVCO CORP (PED)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An officer of PEDEVCO CORP has filed a notice of a proposed minor stock sale valued at approximately $8,700.
- Market Impact: The transaction is negligible and is not expected to have any impact on the stock price due to its small size and pre-scheduled nature.
Company Information
| Field | Value |
|---|---|
| Company | PEDEVCO CORP |
| Ticker Symbol | PED |
| CIK | 0001141197 |
| Industry | Crude Petroleum & Natural Gas |
Insider Information
| Field | Value |
|---|---|
| Name | PINKSTON PAUL ANTHONY |
| CIK | 0001683306 |
| Title/Position | Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 (Notice of Proposed Sale) |
| Transaction Date | ~2025-11-24 |
| Transaction Code | Not Applicable |
| Security Type | Common Stock |
| Shares Involved | 19,000 |
| Price Per Share | ~$0.46 |
| Total Value | $8,662.10 |
| Shares Owned After | Not Stated |
| Ownership Type | Not Stated |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $8,662.10 |
| % of Market Cap | 0.017% |
| Shares Transacted | 19,000 |
| % of Shares Outstanding | 0.021% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a company with a market capitalization of approximately $50 million, this transaction is de minimis.
- Transaction Significance: The sale represents a tiny fraction of both the company's market value and its total shares outstanding, indicating it is likely for personal financial management rather than a reflection of the insider's outlook on the company.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction value is too small to influence market activity. It is a routine filing with no informational value for investors.
Volume & Sentiment
- Expected Volume Impact: None. The trade size is insignificant compared to daily trading volumes.
- Sentiment Indicator: Neutral. The filing does not provide any new information to influence investor sentiment.
Additional Context
Special Circumstances
- The filing explicitly states the sale is being conducted pursuant to a Rule 10b5-1 trading plan adopted on May 19, 2025. This means the decision to sell was made several months in advance, detaching it from current company performance or outlook.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.