PEOPLES BANCORP OF NORTH CAROLINA INC·4

Feb 9, 5:41 PM ET

ABERNETHY JAMES S 4

Research Summary

AI-generated summary

Updated

Peoples Bancorp (PEBK) Director James S. Abernethy Sells 1,000 Shares

What Happened

  • James S. Abernethy, a director of Peoples Bancorp of North Carolina, reported the sale of 1,000 shares on February 9, 2026.
  • The shares were sold at $38.34 each for a total value of $38,340. The filing lists the transaction as an open-market or private sale (code S), i.e., a disposition of shares.
  • This is a sale (not a purchase); sales can be routine (e.g., portfolio rebalancing or liquidity needs) and do not by themselves indicate the insider’s view of the company.

Key Details

  • Transaction date: 2026-02-09
  • Price per share: $38.34; Total value: $38,340
  • Shares owned after transaction: Not disclosed in the provided filing details
  • Footnotes / plans: No 10b5-1 plan, tax withholding, or other special footnotes reported in the provided information
  • Filing timeliness: Reported and filed with the SEC on 2026-02-09 (timely)

Context

  • This was a straightforward sale of existing shares. For retail investors, purchases are often more informative about insider conviction; single small-to-moderate sales like this are common and may reflect personal financial needs rather than a change in company outlook.
  • No options were exercised and no awards or gifts were involved in this transaction.