PEOPLES BANCORP (PEBK) Director James S. Abernethy Sells 1,500 Shares

What Happened

• James S. Abernethy, a director of PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK), sold a total of 1,500 shares in two open‑market transactions. He sold 1,000 shares at $42.89 each on July 28, 2026 (proceeds $42,890), and 500 shares at $43.17 each on July 29, 2026 (proceeds $21,585), for combined proceeds of $64,475. These were sales (not purchases), which are often routine transactions by insiders.

Key Details

• Transaction dates and prices:
  • 2026-07-28: Sold 1,000 shares @ $42.89 — $42,890
  • 2026-07-29: Sold 500 shares @ $43.17 — $21,585
• Total shares sold: 1,500; total proceeds: $64,475.
• Transaction type: Reported as open market sale(s) (code S).
• Shares owned after transaction: Not specified in the summary provided here — refer to the full Form 4 for post‑transaction holdings.
• Footnotes/plan detail: No 10b5‑1 plan, tax withholding, or other special footnotes were indicated in the data supplied.
• Timeliness: Form 4 was filed July 30, 2026 for transactions on July 28–29, 2026; the filing appears timely.

Context

• This filing reports sales by a company director (governance insider), not an option exercise, gift, or acquisition. Sales by directors frequently reflect liquidity needs or portfolio management and do not by themselves indicate the director’s view of company prospects. Purchases are generally considered a stronger signal of insider conviction. For full context (total holdings, any related plan or reason), check the complete Form 4 filing (Accession: 0001654954-26-006986).