COX JOHN D 4

What Happened John D. Cox, a director of New Peoples Bankshares, reported an open-market purchase of 11,724 shares on 2026-02-13 at $3.84 per share, totaling roughly $44,997. This was a straight purchase (Form 4 code "P"), which is typically interpreted as an insider buying stock with personal funds rather than selling.

Key Details

• Transaction date: 2026-02-13
• Transaction type: Open-market purchase (code P)
• Price and amount: 11,724 shares @ $3.84 per share; total reported value ≈ $44,997
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes reported in the excerpt
• Filing timeliness: Form filed 2026-02-17 — appears timely (filed within the two-business-day Form 4 deadline)

Context Open-market purchases are often considered a more informative insider action than routine sales because they involve the insider putting personal capital into the company. This single purchase by a director is a small-dollar transaction relative to many institutional moves; it’s factual evidence of an insider buy but not a definitive signal of company outlook.