Director Blaine Scott White II reports NWPP share holdings on Form 3
Rhea-AI Filing Summary
NEW PEOPLES BANKSHARES INC director reports existing holdings. Blaine Scott White II filed an initial Form 3 showing direct ownership of 164,836 shares of Common Stock as of 2026-05-19. This filing records his beneficial ownership position and does not reflect a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
White Blaine Scott II
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 164,836 shares (Direct)
Key Figures
Common Stock held: 164,836 shares
1 metrics
Common Stock held
164,836 shares
Direct beneficial ownership as of 2026-05-19
Key Terms
Form 3, beneficial ownership, Common Stock
3 terms
Form 3 regulatory
"He filed an initial Form 3 showing direct ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"This filing records his beneficial ownership position"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"direct ownership of 164,836 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Blaine Scott White II report owning in NWPP on this Form 3?
He reports direct beneficial ownership of 164,836 shares of NEW PEOPLES BANKSHARES INC Common Stock. This Form 3 establishes his existing position as a director, rather than documenting a new transaction or change in ownership.
Does the NWPP Form 3 for Blaine Scott White II show any recent stock purchases or sales?
No, the Form 3 lists his holdings without recording a specific buy or sell transaction. It is an initial statement of beneficial ownership, showing 164,836 Common Stock shares held directly as of the reported date.