Swetman Andrew T 4

What Happened

• Andrew T. Swetman, reported as a 10% owner of Peoples Financial Corp (PFBX), was credited with 86 shares on 2025-12-31. The transaction is reported as an "other acquisition" (code J) at $0.00 per share — these shares were allocated to his 401(k) plan, not purchased on the open market.

Key Details

• Transaction date: 2025-12-31
• Transaction type/code: Other acquisition (J) — 86 shares @ $0.00 (allocation)
• Reason given: Allocation of 401(k) plan shares as of 12-31-2025
• Filing date / accession: Form 4 filed 2026-02-11 (Accession 0001846092-26-000001) — filing occurred >1 month after the transaction date
• Shares owned after transaction: Not specified in the provided filing excerpt

Context

• This is an internal plan allocation (401[k]) rather than a market purchase or sale; such allocations do not necessarily signal a change in insider sentiment about the stock.
• As a 10% owner, Swetman's holdings are reportable under insider rules, but this specific item appears administrative (plan allocation) rather than a discretionary buy/sell. The Form 4 was filed more than a month after the allocation date, meaning the filing was not made within the typical two-business-day window for Form 4 reporting.