Abernethy Robert C. JR 4

What Happened Robert C. Abernethy Jr, a director of Peoples Bancorp of North Carolina, reported an open-market sale of 1,200 common shares on 2026-06-01. The shares were sold at $41.61 per share for a total transaction value of $49,932. This was a sale (S), which is often routine insider selling rather than a bullish purchase signal.

Key Details

• Transaction date and price: 2026-06-01 — 1,200 shares sold at $41.61 per share.
• Total value: $49,932.
• Transaction type: Open-market sale (code S).
• Shares owned after transaction: Not reported on the Form 4.
• Footnotes / plans: No 10b5-1 plan, tax withholding, or other footnotes were disclosed on the filing.
• Timeliness: The Form 4 was filed with the SEC on 2026-06-01 (no late filing indicated).

Context Insider sales can reflect many things (diversification, personal liquidity, planned selling) and do not by themselves indicate a change in company fundamentals. Purchases tend to be more informative about insider sentiment; this filing documents a routine director sale disclosed per SEC reporting rules.