ABERNETHY JAMES S 4

What Happened James S. Abernethy, a director of Peoples Bancorp of North Carolina, sold a total of 1,200 shares in two open‑market transactions. He sold 600 shares on 2026-04-23 at $40.06 ($24,036) and 600 shares on 2026-04-24 at $39.50 ($23,700), for a combined proceeds of $47,736. These were outright sales (not purchases or option exercises); sales can be routine and do not necessarily signal a change in company outlook.

Key Details

• Transaction dates and prices:
  • 2026-04-23: 600 shares sold @ $40.06 — proceeds $24,036
  • 2026-04-24: 600 shares sold @ $39.50 — proceeds $23,700
• Total shares sold: 1,200; total proceeds: $47,736.
• Shares owned after the transactions: not disclosed in the provided filing excerpt.
• No footnotes (e.g., 10b5-1 plan or tax withholding) were provided in the transactions listed.
• Filing: Form 4 filed 2026-04-24 for transactions on 4/23–4/24; this appears to be timely under standard Form 4 reporting rules.

Context

• This filing documents open‑market sales (code S). Sales by insiders are common for liquidity, diversification, or personal reasons and are less informative than purchases when assessing insider confidence.
• No option exercises, gifts, or derivative transactions were reported in the supplied data.