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AI brief of an SEC Form 8-K · PEDEVCO CORP (PED)

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

Neutral Impact 3 of 5 shareholder Written later

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.

Key points

  • 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.

The filing

CompanyPEDEVCO CORP (PED)
Form8-K, current report
Filed with the SECAug 28, 2026, 5:02 PM ET
Accession number0001654954-26-007962

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 28, 2026.

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.