Abernethy Robert C. JR 4

What Happened
Robert C. Abernethy Jr., a director of PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK), sold 1,200 shares on 2026-07-23 in an open-market or private sale. The shares were disposed at $41.75 each for a total of approximately $50,100. This was a sale (not a purchase); sales by insiders can be routine (e.g., portfolio rebalancing or liquidity needs) and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: 2026-07-23
• Transaction type/code: Sale (S) — open market or private sale
• Price per share: $41.75
• Shares sold: 1,200
• Total value: ~$50,100
• Shares owned after transaction: Not disclosed in the provided filing summary
• Footnotes/plan info: No 10b5-1 plan, tax withholding, or other special footnotes were provided in the data supplied
• Filing timeliness: Form filed 2026-07-24 for a 2026-07-23 transaction — appears to be a timely filing

Context: This was a straight sale of existing shares rather than an option exercise, award, or gift. For retail investors, purchases tend to be more informative as a bullish signal; a single routine sale like this should be viewed as one data point among many when evaluating insider sentiment.