Stilwell Value LLC 4
4 · PEOPLES FINANCIAL CORP /MS/ · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Peoples Financial (PFBX) 10% Owner Joseph Stilwell Buys 2,657 Shares
What Happened
Joseph Stilwell, a reported 10% owner of Peoples Financial Corp. (PFBX), effected an open-market purchase of 2,657 shares on 2026-03-06 at $21.00 per share, for a total cost of $55,797. This was a buy (transaction code P), which is a direct purchase of common stock reported on Form 4.
Key Details
- Transaction date and price: 2026-03-06, 2,657 shares at $21.00 each.
- Total value: $55,797.
- Filing: Form 4 filed 2026-03-09 (appears to be timely).
- Ownership after transaction: The Form 4 does not list a single total share count for Stilwell personally; the filing states the reporting persons (a Section 13(d) group) beneficially own more than 10% of the issuer.
- Footnotes: Shares are owned directly by affiliated limited partnerships (Stilwell Activist Fund, L.P.; Stilwell Value Partners VII, L.P.; Stilwell Activist Investments, L.P.). Stilwell is the managing member/owner of the general partner (Stilwell Value LLC) and disclaims direct beneficial ownership of the shares except to the extent of his pecuniary interest.
- Transaction code: P = Purchase (open market or private purchase).
Context
This trade was executed by investment vehicles tied to Joseph Stilwell rather than as an executive compensation event. Purchases by large holders or 10% owners can indicate accumulation by an institutional/activist investor, but the Form 4 itself does not state motivation. No option exercises, awards, or gifts are reported in this filing.
Insider Transaction Report
- Purchase
Common Stock
[F3]2026-03-06$21.00/sh+2,657$55,797→ 464,870 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.