---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-068279"
form_type: "8-K"
ticker: null
cik: "0001538822"
company_name: "Pacific Coast Oil Trust"
filed_at: "2026-05-29T20:16:16+00:00"
generated_at: "2026-05-29T20:18:20.097976+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Pacific Coast Oil Trust: no May distribution, $13.7M owed to PCEC, dissolution pending litigation

## Summary
- No cash distribution for May 2026 (March net profits); future distributions 'extremely remote'.
- Cumulative net profits deficit $11.7M (Developed) and $65K (Remaining); Trust owes PCEC $13.7M.
- Derivative lawsuit filed May 20, 2026 against Trustee alleging breach of fiduciary duty over ARO deductions.
- Dissolution triggered (cash proceeds <$2M in 2020/2021) but delayed by ongoing Evergreen/PCEC arbitrations.
- Average realized price $84.94/Boe (March) vs $53.14 (Feb) for Developed Properties.

## SEC filing metadata
- accession: 0001104659-26-068279
- form_type: 8-K
- cik: 0001538822
- company_name: Pacific Coast Oil Trust
- filed_at: 2026-05-29T20:16:16+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538822/000110465926068279/0001104659-26-068279-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538822/000110465926068279/tm2616038d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-068279
- JSON: https://secwatch.observer/filing/0001104659-26-068279.json
- Plain text: https://secwatch.observer/filing/0001104659-26-068279.txt

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