PEDEVCO Officer Files Intent to Sell $15.7k in Stock via 10b5-1 Plan
PEDEVCO CORP
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Filing Summary
PEDEVCO Officer Files Intent to Sell $15.7k in Stock via 10b5-1 Plan
Company: PEDEVCO CORP (PED) Form: 144 | Filed: 2025-11-24 Significance: Low
Insider: Crook Jody D. Title: Officer | Relationship: Officer
Transaction: • Type: Proposed Sale • Shares: 34,314 • Value: $15,650.62 • Price: ~$0.46
Key Insight: An officer has filed a notice of a proposed minor stock sale under a pre-arranged 10b5-1 trading plan. The transaction's value is negligible, representing just 0.03% of the company's market cap.
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 sale of shares valued at approximately $15.7k. The sale is pre-planned under a 10b5-1 plan, indicating it is not based on new material non-public information and is of low market significance.
- Market Impact: Negligible, given the small size of the transaction relative to the company's market capitalization and trading volume.
Company Information
| Field | Value |
|---|---|
| Company | PEDEVCO CORP |
| Ticker Symbol | PED |
| CIK | 0001141197 |
| Industry | Crude Petroleum & Natural Gas |
Insider Information
| Field | Value |
|---|---|
| Name | Crook Jody D. |
| CIK | 0002050480 |
| Title/Position | Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025-11-24 |
| Transaction Code | S (Proposed Sale) |
| Security Type | Common Stock |
| Shares Involved | 34,314 |
| Price Per Share | ~$0.46 |
| Total Value | $15,650.62 |
| Shares Owned After | Not specified in filing |
| Ownership Type | Not specified in filing |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $15,650.62 |
| % of Market Cap | 0.031% |
| Shares Transacted | 34,314 |
| % of Shares Outstanding | 0.037% |
| Post-Transaction Ownership | Not specified |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a micro-cap company with a market capitalization of $50 million, this transaction of ~$15.7k is financially insignificant.
- Transaction Significance: The sale represents a tiny fraction of both the company's market value (0.031%) and its total shares outstanding (0.037%). Such a small transaction is unlikely to have any influence on the stock price or market sentiment.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction is extremely small and is being conducted under a pre-scheduled 10b5-1 plan, which severs the link between the sale and any immediate insider knowledge. The market typically disregards such minor, pre-planned sales.
Volume & Sentiment
- Expected Volume Impact: Negligible. The number of shares is too small to impact daily trading volume in any meaningful way.
- Sentiment Indicator: Neutral. This filing does not provide any bullish or bearish signals.
Additional Context
Special Circumstances
- The filing explicitly states the sale is being made pursuant to a Rule 10b5-1 trading plan adopted on May 19, 2025. This indicates the sale was planned well in advance and is part of a systematic selling strategy, not a reaction to recent events.
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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.