SEC Filing Analysis: PEDEVCO CORP (PED)

Executive Summary

• Trading Significance: Low
• Key Takeaway: A 10% owner indirectly acquired 89,886 shares of restricted stock as a grant for board services provided by an affiliated director. The transaction has a total value of $0.
• Market Impact: Minimal, as this is a non-market compensation grant representing less than 0.1% of shares outstanding.

Company Information

Field	Value
Company	PEDEVCO CORP
Ticker Symbol	PED
CIK	0001141197
Industry	CRUDE PETROLEUM & NATURAL GAS

Insider Information

Field	Value
Name	Juniper Capital III GP, L.P.
CIK	0001839103
Title/Position	null
Relationship	10% Owner

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-11-13
Transaction Code	J (Other acquisition)
Security Type	Common Stock
Shares Involved	89,886
Price Per Share	$0.00
Total Value	$0
Shares Owned After	89,886
Ownership Type	Indirect

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$0
% of Market Cap	0.00%
Shares Transacted	89,886
% of Shares Outstanding	0.098%
Post-Transaction Ownership	89,886 shares (0.098% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: For a company with a $50 million market cap, this grant is non-material from a value perspective.
• Ownership Concentration: This transaction establishes a small initial holding for the reporting entity, representing less than 0.1% of total shares.
• Dilution Impact: The issuance of 89,886 new shares results in a minor dilution of approximately 0.098% to existing shareholders.
• Transaction Significance: The transaction is rated Low due to its $0 value and the small number of shares relative to the total shares outstanding.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: This is a standard compensation grant for board services, not an open-market transaction reflecting insider sentiment on the stock's valuation. It is unlikely to influence market price.

Volume & Sentiment

• Expected Volume Impact: None. The transaction is a grant and did not occur on the open market.
• Sentiment Indicator: Neutral. The filing is a routine disclosure of director compensation.

Additional Context

Transaction Notes

• Special Circumstances: The shares were granted as Restricted Common Stock under the company's 2021 Equity Incentive Plan. They were issued to director Joshua Schmidt (an affiliate of the reporting person) and transferred to an entity controlled by the reporting person. The shares are subject to a four-part vesting schedule over 12 months.