Bates Aaron David 4

What Happened

• Aaron D. Bates, a director of Uwharrie Capital Corp (UWHR), received 132 shares on 2026-06-17 as an award/acquisition tied to his annual director retainer. The shares were acquired at a weighted average price of $11.29 per share for a total value of $1,491 (transaction coded A — award/grant).

Key Details

• Transaction date: 2026-06-17; Form filed: 2026-06-18 (timely).
• Shares acquired: 132 at $11.29 each; total value ≈ $1,491.
• Transaction type: A (award/grant/acquisition) — shares issued/allocated as compensation rather than an open-market purchase or sale.
• Footnotes: F1—payment represents part of the director’s annual retainer; F2–F3—share count based on the retainer amount divided by a weighted average price used for this payment; F4—shares held by Cede & Co., depository for a Simple IRA FBO Aaron D. Bates, Pershing LLC as custodian.
• Shares owned after the transaction: not provided in the supplied filing details.

Context

• This was a routine compensation issuance (director retainer) rather than a market buy or sale; such awards are common and do not necessarily signal a change in insider sentiment.
• The weighted-average pricing method means the exact shares allocated were determined by dividing the retainer value by the average price used for this payment (see F2–F3).