Uwharrie Capital (UWHR) CRO R. David Beaver III Sells 6,981 Shares

What Happened R. David Beaver III, Chief Risk Officer of Uwharrie Capital (UWHR), sold 6,981 shares in an open-market sale on 2026-08-19 at $14.78 per share, for a total reported proceeds of $103,179. The filing shows the disposition code "S" (sale/disposal).

Key Details

• Transaction date and price: 2026-08-19 at $14.78 per share; total proceeds $103,179.
• Shares owned after transaction: Not disclosed in the Form 4 provided.
• Footnotes:
  • F1: Shares held by Cede & Co., depository for Pershing LLC safekeeper for R. David Beaver, III & Emily N. Beaver (joint tenancy).
  • F2: Shares held by Cede & Co., depository for IRA FBO R. David Beaver, III, Pershing LLC as custodian.
• Filing timeliness: Reported on 2026-08-19 (the same date noted), with no late-filing indication in the data provided.

Context This was a straightforward sale of existing holdings (not an option exercise or award). Sales by insiders can be routine (e.g., personal liquidity, tax planning, or account management) and do not by themselves signal company prospects. Retail investors should consider this alongside other insider activity, company fundamentals, and market factors.