Pedevco (PED) executive compensation, 2025 proxy

Dr. Simon G. Kukes, Executive Chairman and Former Chief Executive Officer, was paid $367,125 in 2024, down 16% from $436,000 the year before.

Filed
July 11, 2025
Annual meeting
August 28, 2025
Pay year
2024
Named executives
4
CEO total pay
$367,125-16% vs prior year
CEO pay in equity
100%$367,125 in awards
Schick total compensation
$788,714Highest total among other NEOs
Moore total compensation
$721,515
Pinkston total compensation
$381,348
Restricted-stock expense
$1,581,000Recorded during 2024
Schick restricted shares
525,000Granted January 2024
Moore restricted shares
450,000Granted January 2024

How Kukes was paid

$367,125 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Stock awards100%

Named executive officers

ExecutiveTotal
Dr. Simon G. KukesExecutive Chairman and Former Chief Executive Officer$367,125
J. Douglas SchickPresident and Chief Executive Officer$788,714
Clark R. MooreExecutive Vice President, General Counsel and Secretary$721,515
Paul A. PinkstonChief Accounting Officer$381,348

What changed and why

  • 367,125 CEO compensation in 2024 consisted of restricted-stock value, compared with 436,000 in 2023.
  • January 1, 2025: J. Douglas Schick became Chief Executive Officer, succeeding Dr. Simon G. Kukes.
  • 550,000 restricted shares valued at 367,125 were granted to Kukes in January 2024.
  • 120,000: Schick’s 2024 discretionary bonus; bonuses used no specific individual performance objectives.
  • No executive officer received non-equity incentive-plan or nonqualified deferred compensation.
  • 1,581,000: stock-based compensation expense related to restricted stock during 2024.

Other Pedevco proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.