Stilwell Value LLC 4
4 · PEOPLES FINANCIAL CORP /MS/ · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Peoples Financial (PFBX) 10% Owner Joseph Stilwell Buys 594 Shares
What Happened
Joseph Stilwell, a reported 10% owner of Peoples Financial Corp. (PFBX) through affiliated investment vehicles, acquired 594 shares on 2026-02-18. The purchase was reported at $21.25 per share for a total transaction value of $12,623. The transaction is coded P (purchase) and listed as an open-market or private purchase.
Key Details
- Transaction date: 2026-02-18 (Period of Report); Form filed 2026-02-19.
- Price and size: 594 shares at $21.25 per share; total $12,623.
- Transaction type: Purchase (code P) — open market or private purchase.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1–F3 indicate the shares are owned directly by affiliated funds (Stilwell Activist Fund, L.P.; Stilwell Value Partners VII, L.P.; Stilwell Activist Investments, L.P.) and indirectly by Joseph Stilwell via Stilwell Value LLC (the funds’ general partner). Stilwell disclaims beneficial ownership of shares held only indirectly except to the extent of any pecuniary interest.
- Filing timeliness: Filed the day after the transaction; no late filing indicated.
Context
This purchase was made by a large investor/Section 13(d) group member (not a routine company executive trade). Purchases by 10% owners and affiliated funds can signal increased stake-building but do not by themselves explain motivation. The filing shows aggregated group ownership above 10%, which is material for disclosure rules.
Insider Transaction Report
- Purchase
Common Stock
[F3]2026-02-18$21.25/sh+594$12,623→ 462,213 total(indirect: See footnote)
- 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.