Flake Michael J 4
4 · UWHARRIE CAPITAL CORP · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
UWHR Director Michael J. Flake Receives 132 Shares as Retainer
What Happened
- Michael J. Flake, a director of Uwharrie Capital Corp. (UWHR), was issued 132 shares on June 17, 2026. The shares were acquired at a weighted average price of $11.29 per share, for a total value of about $1,491.
- This transaction is an acquisition/award (code A) and represents payment of a portion of his annual director retainer, not an open-market purchase.
Key Details
- Transaction date: 2026-06-17; Filing date: 2026-06-18 (filed the next day).
- Shares acquired: 132; Weighted average price per share: $11.29; Total value: ~$1,491.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: (F1) payment represents portion of annual retainer; (F2) share count based on retainer amount divided by a weighted average price; (F3) the $11.29 is that weighted average price.
- Filing timeliness: appears timely (filed one day after the transaction).
Context
- This was a routine compensation payment in stock form for director services. Such awards are common and reflect compensation choices rather than direct market sentiment by the insider.
Insider Transaction Report
Form 4
Flake Michael J
Director
Transactions
- Award
Common Stock (Held by Self)
[F1][F2][F3]2026-06-17$11.29/sh+132$1,491→ 1,953 total
Footnotes (3)
- [F1]This acquisition represents payment for a portion of the reporting person's Annual Retainer for serving in the capacity of Director.
- [F2]The number of shares acquired by the reporting person is based on the amount of the Annual Retainer being paid divided by a weighted average price of the issuer's common stock acquired for this specific payment.
- [F3]Represents a weighted average price of the issuer's common stock acquired for this specific payment.
Signature
Michael J. Flake by Tamara M. Singletary, EVP, Uwharrie Capital Corp|2026-06-18