Stilwell Value LLC 4
4 · PEOPLES FINANCIAL CORP /MS/ · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
PEOPLES FINANCIAL (PFBX) 10% Owner Joseph Stilwell Buys Shares
What Happened
- Joseph Stilwell, a reported 10% owner of Peoples Financial Corp. (PFBX), made an open-market purchase on January 28, 2026. The transaction was for 618 shares at $20.54 per share, for a total cost of approximately $12,691. This was a direct purchase (code P) by affiliated investment vehicles rather than a sale.
Key Details
- Transaction date and type: 2026-01-28, open market purchase (P).
- Price and quantity: 618 shares at $20.54 per share; total ≈ $12,691.
- Filing date: Form 4 filed 2026-01-29 (timely relative to the transaction date).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: Shares were acquired/held by affiliated funds (Stilwell Activist Fund, L.P.; Stilwell Value Partners VII, L.P.; Stilwell Activist Investments, L.P.). Joseph Stilwell is the managing member/owner of the general partner (Stilwell Value LLC) and disclaims beneficial ownership of shares held indirectly except to the extent of his pecuniary interest.
- Group filing: The reporting persons are filing as members of a Section 13(d) group that beneficially owns more than 10% of the issuer’s common stock.
Context
- This purchase was made by investment vehicles controlled by Stilwell, not labeled as a personal trade; for 10% owners and activist investors, purchases often reflect fund-level positioning rather than routine executive trades.
- Purchases can be interpreted as a potential bullish signal, but filings do not state motives. There is no indication of option exercises, gifts, or tax-withholding in this transaction.
Insider Transaction Report
Form 4
Stilwell Joseph
10% Owner
Transactions
- Purchase
Common Stock
[F3]2026-01-28$20.54/sh+618$12,691→ 420,305 total(indirect: See footnote)
Holdings
- 67,505(indirect: See footnote)
Common Stock
[F1] - 205,760(indirect: See footnote)
Common Stock
[F2]
Footnotes (3)
- [F1]These shares are owned directly by Stilwell Activist Fund, L.P. ("SAF") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), which is the general partner of SAF. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
- [F2]These shares are owned directly by Stilwell Value Partners VII, L.P. ("SVP VII") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SVP VII. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.
- [F3]These shares are owned directly by Stilwell Activist Investments, L.P. ("SAI") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SAI. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.