PEOPLES BANCORP (PEBK) Director James Abernethy Sells 1,000 Shares
$PEBK · PEOPLES BANCORP OF NORTH CAROLINA INCResearch Summary
AI-generated summary of this SEC filing
PEOPLES BANCORP (PEBK) Director James Abernethy Sells 1,000 Shares
What Happened
James S. Abernethy, a director of PEOPLES BANCORP OF NORTH CAROLINA, sold 1,000 shares of company stock in an open-market/private sale. The shares were disposed at $42.91 each for a total transaction value of $42,910. This was a sale (not a purchase); sales by insiders are often routine and do not necessarily indicate a change in company outlook.
Key Details
- Transaction date: July 30, 2026; Filing date (Form 4): July 31, 2026.
- Price and quantity: 1,000 shares sold at $42.91 per share — total $42,910.
- Shares owned after transaction: Not provided in the supplied details (see filed Form 4 for post-transaction holdings).
- Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the summary provided.
- Timeliness: Filed the next day (no late filing indicated in the supplied information).
Context
Insider sales can be for many personal or routine reasons (diversification, taxes, estate planning) and don’t alone signal company performance. Retail investors often view insider purchases as a stronger signal of confidence than isolated sales. For full verification of holdings and any additional notes, review the issuer’s Form 4 on the SEC EDGAR system (Accession: 0001654954-26-007097).