---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-26-007518"
form_type: "8-K"
ticker: "VIVK"
cik: "0001450704"
company_name: "Vivakor, Inc."
filed_at: "2026-07-10T21:29:37+00:00"
generated_at: "2026-07-10T21:30:15.950381+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Vivakor reinstates Series A preferred dividend, issues 3.74M shares to extinguish $500K CEO debt

## Summary
- Amendment reinstates 6% annual dividend on Series A Preferred from April 30, 2026 to April 29, 2027; issues 3,740,586 common shares for three dividend periods.
- Ballengee Holdings (controlled by CEO James Ballengee) extinguishes $500,000 of its promissory note in exchange for the dividend shares.
- Of the shares issued, 1,445,349 go to entities controlled by CEO (Jorgan Development, JBAH Holdings).
- The company will 'true up' share amounts if dividend share calculations are incorrect in future periods.
- Debt reduction of $500K improves balance sheet but dilutes common shareholders via 3.74M share issuance.

## SEC filing metadata
- accession: 0001829126-26-007518
- form_type: 8-K
- ticker: VIVK
- cik: 0001450704
- company_name: Vivakor, Inc.
- filed_at: 2026-07-10T21:29:37+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1450704/000182912626007518/0001829126-26-007518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1450704/000182912626007518/vivakorinc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-007518
- JSON: https://secwatch.observer/filing/0001829126-26-007518.json
- Plain text: https://secwatch.observer/filing/0001829126-26-007518.txt

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