ABERNETHY JAMES S 4

What Happened
James S. Abernethy, a director of PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK), reported an open-market sale of 600 common shares on 2026-05-14. The shares were sold at $40.20 per share for total proceeds of $24,120. This was a sale (S), which is often routine insider selling and does not by itself indicate company performance.

Key Details

• Transaction date: 2026-05-14
• Type: Open-market sale (Code S)
• Shares sold: 600 at $40.20 per share
• Total proceeds: $24,120
• Shares owned after transaction: Not specified in the filing
• Footnotes/plan disclosure: No 10b5-1 plan, tax withholding, or other footnotes disclosed in this report
• Filing timeliness: Report filed on 2026-05-14 (same day as the reported transaction)

Context
Insider sales can be for many reasons (personal liquidity, diversification, etc.) and are not definitive signals about company prospects. Purchases generally carry more interpretive weight for bullish insider sentiment. This filing shows a routine director sale with no special conditions or derivative activity disclosed.