White Blaine Scott 4
Research Summary
AI-generated summary
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.