FULMER A WES 4

What Happened
Wes Fulmer, Executive Vice President of Peoples Financial Corp (PFBX), was allocated 160 shares to his 401(k) plan effective 12/31/2025. The Form 4 reports the acquisition as a purchase (P) at $0.00 per share (total reported value $0) — this reflects an internal plan allocation rather than an open-market cash purchase.

Key Details

• Transaction date: 2025-12-31 (allocation to 401(k) plan)
• Filing date: 2026-02-11 (appears to be a late filing relative to the transaction date)
• Shares acquired: 160; reported price: $0.00; reported value: $0
• Remark on form: "Adding Shares for Reporting Person Due to Allocation of 401(k) Plan Shares as of 12-31-2025."
• Shares owned after transaction: not specified in the provided filing summary.
• No 10b5-1, exercise, gift, or tax-withholding notes were indicated in the summary provided.

Context
Allocations to a 401(k) plan are routine administrative transactions and typically reflect payroll or plan contributions/allocations, not discretionary market buying by the insider. Because the allocation is recorded at $0, it should not be interpreted as a cash investment signal. The late filing date may be worth noting for record-keeping, but the underlying transaction appears to be a standard retirement-plan allocation.