New Peoples Bankshares (NWPP) director and 10% owner amends insider holdings
Rhea-AI Filing Summary
New Peoples Bankshares Inc. insider reorganizes share holdings. A reporting person who is both a director and 10% owner of NEW PEOPLES BANKSHARES INC (NWPP) filed an amended insider-ownership report covering transactions dated 09/09/2025 and 09/10/2025. The filing shows common stock held directly and through multiple indirect accounts, including trusts, a spouse, Sky Investments LLC, and SBTB, L.P.
According to the explanations, on 09/09/2025 the insider received 5,900 shares from Blaine Scott White and 5,900 shares from that person’s spouse, then transferred 5,900 shares to each of four trusts for grandchildren and 5,900 shares to an adult child. On 09/10/2025, 200,000 shares were distributed to shareholders, with 95,000 shares going to each of two adult children and 10,000 shares to the filer, and the filer received an additional 10,000 shares distributed from Sky Investments LLC. No derivative securities are reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 09-09-2025 - Received 5,900 shares from Blaine Scott White and 5,900 shares from spouse of Blaine Scott White
- F2. 09-09-2025 - Transferred 5,900 shares to each of 4 trusts for grandchildren and 5,900 shares to adult child
- F3. 09-10-2025 - Distributed 200,000 shares to shareholders (95,000 shares each to two adult children and 10,000 shares to filer);
- F4. 09-10-2025 - Received 10,000 shares distributed from Sky Investments, LLC
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