October 31, 2025 · Form 4 insider transaction
KUKES SIMON G bought 2,801,814 shares of PEDEVCO CORP at $5.50 per share, a transaction worth $15.41M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 10 days after the transaction.
The Convertible Series A Preferred Stock have no expiration date, but automatically convert into common stock of the Issuer in a ratio of 10-for-1 on the Automatic Conversion Date.; The Convertible Series A Preferred Stock is not convertible until the expiration of the twenty calendar day period (the "Automatic Conversion Date") commencing on the distribution to the Issuer's shareholders in accordance with Rule 14c-2 of Regulation 14C promulgated under the Securities and Exchange Act of 1934, as amended, of an information statement disclosing, among other things, the approval of such conversion and related matters by the majority stockholders of the Issuer which occurred on October 31, 2025.