This is a routine administrative filing formalizing executive compensation and equity grants. No material impact on operations or strategy. Monitor for any future 8-Ks related to operational updates or drilling results, which are more likely to move the stock.
Price Chart
Executive Summary
PEDEVCO filed an 8-K formalizing new employment agreements and equity grants for its CFO (Robert J. Long) and COO (Reagan Tuck Dukes). The agreements set base salaries of $280,000 (CFO) and $300,000 (COO) with 50% target bonuses, and include standard severance and change-in-control provisions. Concurrently, the company issued 35,240 RSUs and 11,530 PBRSUs to officers and employees as part of the 2025 annual compensation review. These are routine compensatory arrangements with no material financial impact or strategic signal.
Key Facts
- PEDEVCO entered into new employment agreements with CFO Robert J. Long (base salary $280,000) and COO Reagan Tuck Dukes (base salary $300,000), each with a target annual bonus of 50% of base salary.
- The company issued 35,240 RSUs and 11,530 PBRSUs to officers and employees under the 2021 Equity Incentive Plan, tied to the 2025 annual compensation review.
- CFO Long received 18,050 RSUs and 4,010 PBRSUs; COO Dukes received 17,190 RSUs and 7,520 PBRSUs.
- Employment agreements include one-year non-compete/non-solicit covenants and perpetual non-disparagement obligations.
- Severance provisions include 1x salary + bonus (non-CIC) or 2x salary + bonus (CIC) for qualifying terminations.
Financial Impact
Routine executive compensation — aggregate annual cash compensation for named officers is $580,000; equity grants of ~46,770 shares represent approximately 0.3% of shares outstanding at a ~$164M market cap.
Risk Factors
- No material risks identified from this filing; equity grants represent minor dilution (~0.3% of shares outstanding).
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (PED) — Batch item 1 | 0001654954-26-006883 |
| Document: ped_ex106.htm | 0001654954-26-006883 |
| Document: ped_8k.htm | 0001654954-26-006883 |
| Document: 0001654954-26-006883-index-headers.html | 0001654954-26-006883 |
| Document: 0001654954-26-006883-index.html | 0001654954-26-006883 |
| Document: 0001654954-26-006883.txt | 0001654954-26-006883 |
| 8-K Filing (PED) — Batch item 7 | 0001654954-26-006883 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | SC 13D/A | $13.25 $14.24 | ▲ +7.47% | ▲ +8.62% | $15.20 (+14.72%) |
Sep 21, 2026 5w ago | 8-K | $13.38 $13.10 | ▼ −2.09% | ▼ −1.07% | $15.20 (+13.60%) |
Sep 16, 2026 5w ago | 8-K | $15.49 $13.26 | ▼ −14.40% | ▼ −16.96% | $15.20 (−1.87%) |
Sep 9, 2026 6w ago | EFFECT | $14.65 $16.74 | ▲ +14.23% | ▲ +14.57% | $15.20 (+3.75%) |
Aug 28, 2026 8w ago | 8-K | $13.61 $14.65 | ▲ +7.64% | ▲ +7.78% | $15.20 (+11.68%) |
Jul 24, 2026 13w ago | 8-K | $11.50 $10.81 | ▼ −6.00% | ▼ −7.07% | $15.20 (+32.17%) |
Jun 29, 2026 17w ago | 8-K | $14.99 $12.52 | ▼ −16.48% | ▼ −17.86% | $15.20 (+1.40%) |
Mar 31, 2026 29w ago | 8-K | $16.25 $16.02 | ▼ −1.42% | ▼ −5.18% | $15.20 (−6.46%) |
Mar 3, 2026 33w ago | 8-K | $11.76 $16.00 | ▲ +36.05% | ▲ +37.39% | $15.20 (+29.25%) |
Mar 3, 2026 34w ago | 8-K | $13.84 $13.26 | ▼ −4.19% | ▼ −3.71% | $15.20 (+9.83%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers