secwatch.observer — SEC 8-K summary
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Issuer:     PEDEVCO CORP (PED)
CIK:        0001141197
Form:       8-K
Filed at:   2026-09-21T12:16:21+00:00
Accession:  0001654954-26-008485
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PEDEVCO CEO Schick steps down; COO Dukes named interim CEO
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- J. Douglas Schick ceases as President/CEO and director effective Sept 21, 2026.
- COO R.T. Dukes appointed interim President/CEO; will serve until further notice.
- Schick stays as Senior Advisor through Dec 31, 2026 under separation agreement.
- Separation includes 2.5x salary+bonus, 30-month COBRA, accelerated vesting, $255K bonus.
- Transition not due to disagreement; Dukes has 20+ years oil & gas experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1141197/000165495426008485/0001654954-26-008485-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1141197/000165495426008485/ped_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-008485

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer