KEENE HAROLD L 4

What Happened
Harold L. Keene, listed as a 10% owner of New Peoples Bankshares Inc. (NWPP), purchased 16,514 shares in an open-market transaction on June 15, 2026. The shares were bought at $4.39 each for a total cash outlay of approximately $72,496. This was a straight purchase (transaction code P), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-06-15 (reported on Form 4 filed 2026-06-16)
• Price per share: $4.39; Shares acquired: 16,514; Total value: ~$72,496
• Transaction type: Open market purchase (code P)
• Insider status: 10% owner (significant/majority shareholder category, not necessarily an executive)
• Shares owned after transaction: Not specified in the provided filing details
• Filing timeliness: Report filed the next day (appears timely); no 10b5-1 plan or other footnotes disclosed

Context
As a 10% owner, Keene is a significant shareholder; such purchases increase his stake and can be interpreted by some investors as a vote of confidence, though it does not prove future company performance. There was no indication of option exercise, gifts, or tax-withholding in this transaction.