PEBK Director James Abernethy Sells 500 Shares

What Happened James S. Abernethy, a director of Peoples Bancorp of North Carolina, sold 500 shares of PEBK stock in an open-market transaction on September 2, 2026. The shares were disposed at $43.50 each, for a total transaction value of $21,750. This was a sale (transaction code S), which is often routine and does not by itself indicate a change in company outlook.

Key Details

• Transaction date: 2026-09-02; Price per share: $43.50; Shares sold: 500; Total value: $21,750.
• Transaction type: Sale (open-market or private sale as reported).
• Shares owned after transaction: not disclosed in the provided filing details.
• No footnotes such as a 10b5-1 plan or tax-withholding notation were provided in the summary data.
• Filing date (accession): 2026-09-02 — the Form 4 was filed the same day as the reported transaction (no late filing indicated).

Context Insider sales can be for many personal or routine reasons (diversification, taxes, liquidity) and do not necessarily signal negative company prospects. Purchases generally carry more weight as a bullish signal; this single, modest-sized sale should be viewed in the context of other insider activity and the director’s overall holdings.