White Blaine Scott 4
4 · NEW PEOPLES BANKSHARES INC · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
NWPP 10% Owner Blaine Scott White Buys 11,725 Shares
What Happened
- Blaine Scott White, identified as a 10% owner of New Peoples Bankshares Inc. (NWPP), purchased 11,725 shares on Feb 13, 2026.
- The transaction was a purchase (code P) at $3.84 per share, totaling $45,001. This is a buy rather than a sale.
Key Details
- Transaction date: 2026-02-13; Filing date (Form 4): 2026-02-17 — appears to be filed within the required two-business-day window.
- Price and quantity: 11,725 shares at $3.84 each; total consideration $45,001.
- Shares owned after transaction: not specified in the filing.
- Footnotes clarify capacity of ownership: purchases made as trustee for various trusts and an IRA (F1–F4:
- F1: trustee for B. Scott White Trust
- F2: trustee for IRA fbo B. Scott White
- F3: trustee for irrevocable trust for child
- F4: trustee for four irrevocable trusts for grandchildren)
Context
- This was a direct purchase (P) by a significant shareholder (10% owner). Such purchases are factual signals of additional insider ownership but do not, by themselves, explain motivation.
- No options, awards, gifts, or immediate sales were reported in this filing.
Insider Transaction Report
Form 4
White Blaine Scott
Director10% Owner
Transactions
- Purchase
Common Stock
2026-02-13$3.84/sh+11,725$45,001→ 1,113,205 total
Holdings
- 250,717(indirect: By Trust)
Common Stock
[F1] - 156,637(indirect: By Trust)
Common Stock
[F2] - 9,056(indirect: By Trust)
Common Stock
[F3] - 165,698(indirect: By Trust)
Common Stock
[F4] - 165,699(indirect: By Trust)
Common Stock
[F4] - 165,698(indirect: By Trust)
Common Stock
[F4] - 165,698(indirect: By Trust)
Common Stock
[F4] - 1,255,247(indirect: By LLC)
Common Stock
- 136,060(indirect: By Spouse)
Common Stock
- 2,061,666(indirect: by SBTB, L.P.)
Common Stock
Footnotes (4)
- [F1]As trustee for B. Scott White Trust
- [F2]As trustee for IRA fbo B. Scott White
- [F3]As trustee for irrevocable trust for child
- [F4]As trustee for four irrevocable trusts for grandchildren
Signature
/s/ Christopher G Speaks, Attorney-in-fact for B. Scott White|2026-02-17