NEW PEOPLES BANKSHARES INC·4

Jun 16, 2:29 PM ET

KEENE HAROLD L 4

Research Summary

AI-generated summary

Updated

NWPP 10% Owner Harold Keene Buys 5,000 Shares, Sells 1,500

What Happened

  • Harold L. Keene, a reported 10% owner of New Peoples Bankshares, purchased 5,000 shares at $4.40 each (total $22,000) on 2026-06-12 and on the same day sold 1,500 shares at $4.30 each (total $6,450). The net result was an increase of 3,500 shares and a net cash outflow of $15,550. The purchase (P) is generally viewed as a more bullish signal than the sale (S), though both occurred on the same day.

Key Details

  • Transaction date: 2026-06-12
  • Purchase: 5,000 shares @ $4.40 — $22,000 (code P)
  • Sale: 1,500 shares @ $4.30 — $6,450 (code S)
  • Net change: +3,500 shares (5,000 bought − 1,500 sold); net cash spent ≈ $15,550
  • Shares owned after transaction: not specified in the provided filing excerpt
  • Filing date: 2026-06-16 — appears timely (filed within two business days)
  • No footnotes, 10b5-1 plan, or tax-withholding items noted in the provided data

Context

  • Keene is listed as a 10% owner — a major shareholder rather than necessarily an executive. Purchases by significant owners can indicate a commitment of capital, but they may reflect a range of motives (portfolio rebalancing, tax planning, etc.). This summary is factual and does not infer Keene’s motive.