ABERNETHY JAMES S 4

What Happened James S. Abernethy, a director of Peoples Bancorp of North Carolina, reported two dispositions on Feb 27, 2026: an open-market/private sale of 523 shares at $38.91 each (proceeds ~$20,350) and a gift of 500 shares at $38.91 each (value ~$19,455). In total he disposed of 1,023 shares valued at about $39,805. The sale is a routine disposition; the gift is a non-market transfer and does not by itself indicate trading sentiment.

Key Details

• Transaction date: 2026-02-27
• Sale: 523 shares @ $38.91 = $20,349.93 (reported as $20,350)
• Gift: 500 shares @ $38.91 = $19,455.00
• Total disposed: 1,023 shares ≈ $39,804.93 (~$39,805)
• Filing: Form 4 filed 2026-02-27 (same day as transactions), suggesting a timely report
• Shares owned after transaction: Not disclosed in the provided filing excerpt
• No 10b5-1 plan, tax-withholding, or other footnotes were noted in the provided data

Context Sales by directors are commonly routine (diversification, liquidity, or estate planning) and gifts are transfers that do not reflect a buy/sell decision. For retail investors, purchases generally signal stronger insider confidence than sales; here the activity is a combination of a sale and a gift rather than a buy.