Clark Moore, the Executive Vice President at PEDEVCO Corp, has reported the acquisition of 2,990 shares of common stock in a recent SEC filing. This transaction, dated November 2, 2026, is significant as it showcases the ongoing dynamics of executive ownership within the company.
Background
PEDEVCO Corp, identified by the Central Index Key (CIK) 0001141197, operates in the crude petroleum and natural gas industry. The company is publicly traded under the symbol PED. This filing is part of a series of recent transactions by Clark Moore, reflecting his active engagement in the company's equity.
What the Filing Says
According to the filing, Moore acquired 2,990 shares at a price of $16.64 per share. Following this transaction, he now owns a total of 41,177 shares of PEDEVCO. The filing notes, "Represents shares of common stock of the Issuer surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of 8,333 shares of restricted stock granted to the reporting person on October 31, 2025." This transaction is exempt from Section 16(b), pursuant to Rule 16b-3(e).
Impact
This acquisition may affect various stakeholders, including investors and analysts monitoring PEDEVCO's leadership and stock performance. The ongoing changes in executive ownership can signal confidence in the company's direction or strategic shifts that may impact future operations.
What's Next
The filing does not say what happens next.
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