PEBK Director Robert C. Abernethy Jr Sells 1,200 Shares

What Happened
Robert C. Abernethy Jr, a director of Peoples Bancorp of North Carolina, sold 1,200 shares on September 1, 2026. The sale was reported as an open-market/private sale at $43.13 per share, producing total proceeds of $51,756. This transaction is a disposition (sale), not a purchase.

Key Details

• Transaction date: 2026-09-01
• Transaction type/code: Open-market or private sale (S)
• Shares sold: 1,200 at $43.13 per share
• Proceeds: $51,756
• Filing date / timeliness: Form 4 filed 2026-09-01 (appears timely based on provided dates)
• Shares owned after transaction: Not disclosed in the provided filing data
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes indicated in the supplied details

Context
Sales by company directors are common and can reflect personal liquidity needs or portfolio management; they do not necessarily indicate the director’s view of company fundamentals. Purchases generally carry more informational weight for investors than routine sales.