ABERNETHY JAMES S 4

What Happened
James S. Abernethy, a director of Peoples Bancorp of North Carolina, reported the sale of 500 shares on June 1, 2026. The transaction was reported at $42.10 per share, for a total value of $21,050. The Form 4 lists the transaction type as an open market or private sale (code S), which is a disposal of shares rather than a purchase.

Key Details

• Transaction date: June 1, 2026
• Reported sale price: $42.10 per share
• Shares sold: 500 — total proceeds $21,050
• Filing date (Form 4): June 2, 2026 (appears timely)
• Shares owned after transaction: not disclosed in the provided excerpt of the filing
• Notes/footnotes: no 10b5-1 plan, tax withholding, or other special notations indicated in the provided data

Context
Sales by directors are common and can reflect routine portfolio management rather than a change in view about the company. This filing reports a straightforward sale by a board member; there is no accompanying information here (such as 10% ownership or option exercise) that would change its interpretation. For investors, purchases tend to be more informative as potential signals of insider confidence, while single sales like this are typically neutral without additional context.