4Filed Sep 17, 8:00 PM ET
New Peoples Bankshares (NWWP) Director John D. Cox Buys 12,000 Shares
$NWWP · NEW PEOPLES BANKSHARES INCResearch Summary
AI-generated summary of this SEC filing
New Peoples Bankshares (NWWP) Director John D. Cox Buys 12,000 Shares
What Happened John D. Cox, a director of New Peoples Bankshares Inc. (NWWP), made an open-market purchase of 12,000 common shares on 2026-09-17 at $4.90 per share, for a total outlay of approximately $58,800. This was a straightforward purchase (transaction code P) reported on a Form 4 filed the next day.
Key Details
- Transaction date and price: 2026-09-17, 12,000 shares at $4.90 each.
- Total value: approximately $58,800.
- Filing date: Form 4 filed 2026-09-18 (filed promptly the day after the transaction).
- Shares owned after transaction: not specified in the supplied filing details.
- Footnotes/plan details: no 10b5-1 plan, tax-withholding, or other footnotes were disclosed in the provided summary.
Context
- Purchases by insiders are often viewed as a more informative signal than routine sales because they involve personal capital being invested; however, the filing does not state Cox’s motivation.
- There is no indication here of option exercise, gifting, or immediate resale — this was a straightforward open-market buy.