Flake Michael J 4

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.