---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-036825"
form_type: "8-K"
ticker: null
cik: "0001538822"
company_name: "Pacific Coast Oil Trust"
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:22:40.032105+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# No distribution for Jan 2026; whistleblower suit proceeds; trust dissolved, winding up delayed

## Summary
- No cash distribution for January 2026; cumulative net profits deficit for Developed Properties increased to ~$11.8M.
- Whistleblower lawsuit (Potyondy v. PCEC) alleging false data to trustee continues; court denied PCEC's motion to dismiss.
- Trustee investigating whistleblower allegations, delaying marketing of trust assets and filing of comprehensive annual report.
- Trust owes PCEC ~$12.8M; letter of credit fully drawn; likelihood of future distributions extremely remote.
- Arbitration final award: trust dissolved; trustee duties limited to winding up; PCEC allowed to deduct legal fees.

## SEC filing metadata
- accession: 0001104659-26-036825
- form_type: 8-K
- cik: 0001538822
- company_name: Pacific Coast Oil Trust
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538822/000110465926036825/0001104659-26-036825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538822/000110465926036825/tm269093d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-036825
- JSON: https://secwatch.observer/filing/0001104659-26-036825.json
- Plain text: https://secwatch.observer/filing/0001104659-26-036825.txt

## Key facts
- Earnings Releases
  Pacific Coast Oil Trust reported January 2026 results: revenue approximately $2.0 million.
  - Period: January 2026
  - Revenue: approximately $2.0 million
  - Result: reported results
  source text: The Current Month’s distribution calculation for the Developed Properties reflected operating income of approximately $182,000, as revenues from the Developed Properties were approximately $2.0 million, lease operating expenses including production taxes were approximately $1.8 million, and development costs were approximately $0.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538822/000110465926036825/0001104659-26-036825-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.