AI filing briefs

PEDEVCO CORP (PED)

PED 8-K filings, explained

Every material Form 8-K PEDEVCO CORP has filed with the SEC since August 28, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs on record3since Aug 28, 2026
Latest filingSep 21, 2026leadership
High impact (4-5)1of 3 briefs
ToneNeutral3
leadership 1m&a 1shareholder 1

2026

Sep 21, 8:16 AM ET

PEDEVCO CEO J. Douglas Schick out; COO R.T. Dukes named interim CEO

Neutral leadership Written later 5.02

PEDEVCO Corp. said its President and CEO J. Douglas Schick stopped serving as CEO and director on September 21, 2026, and Chief Operating Officer Reagan Tuck (R.T.) Dukes became interim President and CEO effective that day. The company says the change is not due to any disagreement, and Schick will stay on as a non-executive Senior Advisor through December 31, 2026.

  • Schick ceased to be President, CEO and a board member; Dukes named interim President and CEO effective September 21, 2026
  • Schick's separation agreement provides 2.5 times the sum of base salary and target bonus, plus a $255,000 payment in lieu of a 2026 annual bonus
  • Dukes, age 42, previously served as CEO of Century Natural Resources, LLC from June 2021 to October 2025
Read the filing on SEC.gov ↗
Sep 16, 8:01 AM ET

PEDEVCO acquires 5,678 net acres in Wyoming BLM lease sale for $5.9 million

Neutral m&a Written later 7.01

PEDEVCO said it was the high bidder on multiple tracts in a Bureau of Land Management lease sale held September 9-10, 2026, acquiring about 5,678 net acres in Wyoming for about $5.9 million, or $1,045 per net acre, funded with cash on hand. The company says the acreage expands its Mowry formation position in the Powder River Basin to about 12,000 net acres in that prospect area, but the filing notes prospective acreage does not constitute proved reserves.

  • Acquired about 5,678 net acres in Wyoming for about $5.9 million, or $1,045 per net acre, in the BLM sale held September 9-10, 2026.
  • Acquisition was funded through cash on hand.
  • Leases carry ten-year terms and a 12.5% royalty rate, allowing the company to retain an 87.5% net revenue interest.
  • Company's Mowry acreage in the prospect area nearly doubles to about 12,000 net acres.
Read the filing on SEC.gov ↗
Aug 28, 5:02 PM ET

PEDEVCO stockholders approve doubling equity plan share pool to 1,800,000 shares

Neutral shareholder Written later 5.025.07

At its August 27, 2026 annual meeting, PEDEVCO stockholders approved the Third Amendment to the 2021 Equity Incentive Plan, raising the plan's share limits from 900,000 to 1,800,000 shares. Stockholders also re-elected six directors, ratified the auditor, and approved executive pay on an advisory basis, with the amendment effective on approval.

  • The Third Amendment raises the aggregate share pool, incentive stock option limit, and per-recipient award limit from 900,000 to 1,800,000 shares.
  • Plan amendment approved with 12,007,528.1 votes for, 223,854.4 against, and 14,350 abstentions.
  • Stockholders elected all six director nominees and chose an annual frequency for future advisory pay votes.
  • Quorum was about 92.3% of the 13,290,902 shares outstanding as of the June 30, 2026 record date.
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PEDEVCO CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →