ABERNETHY ROBERT C 4

What Happened
Robert C. Abernethy, Chairman of the Board and a director of Peoples Bancorp of North Carolina, reported an acquisition of 6,600 shares on August 8, 2025. The shares were acquired by will/inheritance (transaction code W); no purchase price or dollar value is reported on the Form 4.

Key Details

• Transaction date: 2025-08-08 (acquisition by will/inheritance, code W)
• Shares acquired: 6,600; Price: N/A (inherited — no cash consideration)
• Footnote: Received upon distribution of shares from the Estate of the late Christine S. Abernethy (per filing)
• Filing date: 2026-02-06 — the Form 4 was filed roughly six months after the reported transaction (appears late)
• Shares owned after transaction: Not specified in the provided filing excerpt

Context
An inheritance (will) is not a market purchase or sale and generally does not signal the insider's current view of the company’s stock. Late reporting reduces short-term transparency for investors but does not change the nature of the transaction disclosed.