STOCK TITAN

Director Blaine Scott White boosts New Peoples Bankshares (NWPP) stake

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Blaine Scott White, a director and 10% owner of New Peoples Bankshares Inc., reported an open-market purchase of the company’s common stock. On 02/13/2026, he bought 11,725 shares at a price of $3.838 per share, bringing his directly held stake to 1,113,205 shares.

In addition to this direct ownership, he reports significant indirect holdings of New Peoples Bankshares common stock held as trustee for various trusts, through Sky Investments LLC, via his spouse, and through SBTB, L.P., reflecting a broad set of affiliated ownership positions.

Positive

  • None.

Negative

  • None.
Insider White Blaine Scott
Role Director, 10% Owner
Bought 11,725 shs ($45K)
Type Security Shares Price Value
Purchase Common Stock 11,725 $3.838 $45K
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 -- -- --
Holdings After Transaction: Common Stock — 1,113,205 shares (Direct); Common Stock — 250,717 shares (Indirect, Trustee)
Footnotes (1)
  1. As trustee for B. Scott White Trust As trustee for IRA fbo B. Scott White As trustee for irrevocable trust for child As trustee for four irrevocable trusts for grandchildren
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
White Blaine Scott

(Last) (First) (Middle)
NEW PEOPLES BANK SHARES, INC
67 COMMERCE DRIVE

(Street)
HONAKER VA 24260

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NEW PEOPLES BANKSHARES INC [ NWPP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/13/2026 P 11,725 A $3.838 1,113,205 D
Common Stock(1) 250,717 I Trustee
Common Stock(2) 156,637 I Trustee
Common Stock(3) 9,056 I Trustee
Common Stock(4) 165,698 I Trustee
Common Stock(4) 165,699 I Trustee
Common Stock(4) 165,698 I Trustee
Common Stock(4) 165,698 I Trustee
Common Stock 1,255,247 I by Sky Investments LLC
Common Stock 136,060 I Spouse
Common Stock 2,061,666 I by SBTB, L.P.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. As trustee for B. Scott White Trust
2. As trustee for IRA fbo B. Scott White
3. As trustee for irrevocable trust for child
4. As trustee for four irrevocable trusts for grandchildren
/s/ Christopher G Speaks, Attorney-in-fact for B. Scott White 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did NWPP director Blaine Scott White report?

Blaine Scott White reported buying 11,725 shares of New Peoples Bankshares (NWPP) common stock. The open-market purchase on 02/13/2026 was at a price of $3.838 per share, increasing his directly held ownership to 1,113,205 shares after the transaction.

At what price did the NWPP insider purchase common stock?

The insider purchase of New Peoples Bankshares (NWPP) common stock was executed at $3.838 per share. This price applied to 11,725 shares acquired in an open-market transaction on 02/13/2026, as disclosed in the Section 16 Form 4 filing.

How many NWPP shares does Blaine Scott White own directly after the trade?

After the reported trade, Blaine Scott White directly owns 1,113,205 shares of New Peoples Bankshares (NWPP) common stock. This total reflects his holdings immediately following the 11,725-share open-market purchase disclosed for the transaction dated 02/13/2026.

What indirect NWPP holdings are associated with Blaine Scott White?

Indirect holdings associated with Blaine Scott White include shares held as trustee for multiple trusts, through Sky Investments LLC, by his spouse, and by SBTB, L.P. All reported positions involve New Peoples Bankshares (NWPP) common stock and are classified as indirect beneficial ownership.

What role does Blaine Scott White hold at New Peoples Bankshares (NWPP)?

Blaine Scott White is both a director and a 10% owner of New Peoples Bankshares (NWPP). These roles are disclosed in the Form 4 filing, which reports his recent open-market purchase and details his direct and indirect beneficial ownership of the company’s common stock.

Was the NWPP insider transaction a buy or a sell?

The insider transaction reported for New Peoples Bankshares (NWPP) was a buy. Form 4 data classify it as an open-market purchase, with transaction code P, covering 11,725 common shares acquired at $3.838 per share on 02/13/2026.