---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-000989"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T15:45:16.437041+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO grants 2.105M restricted shares and 460K options to executives; salaries increased 5%

## Summary
- CEO Kukes receives 550,000 restricted shares; President Schick 525,000; EVP Moore 450,000; CAO Pinkston 250,000; all vest over 3 years.
- Options to purchase 460,000 shares at $0.6675 exercise price granted to non-executive employees, vest over 3 years.
- Base salaries for Pinkston ($160K to $168K), Schick ($290K to $304.5K), Moore ($280K to $294K) increased 5% effective Feb 1, 2024.
- Cash bonuses: Pinkston $35K, Schick $120K, Moore $110K approved for 2023 annual compensation.

## SEC filing metadata
- accession: 0001654954-24-000989
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495424000989/0001654954-24-000989-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495424000989/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-000989
- JSON: https://secwatch.observer/filing/0001654954-24-000989.json
- Plain text: https://secwatch.observer/filing/0001654954-24-000989.txt

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