Director and 10% owner adds NWPP shares through trust purchase
Rhea-AI Filing Summary
NEW PEOPLES BANKSHARES INC director and 10% owner Blaine Scott White reported an open-market purchase of 4,233 shares of Common Stock on March 3, 2026, at $4.16 per share. The purchased shares are held indirectly, as trustee for a trust that now holds 254,950 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,233 shares
Net Buy
11 txns
Insider
White Blaine Scott
Role
Director, 10% Owner
Bought
4,233 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,233 | $4.16 | $18K |
| 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 — 1,083,436 shares (Indirect, Trustee);
Common Stock — 1,113,205 shares (Direct);
Common Stock — 1,255,247 shares (Indirect, by Sky Investments LLC);
Common Stock — 136,060 shares (Indirect, Spouse);
Common Stock — 2,061,666 shares (Indirect, by SBTB, L.P.)
Footnotes (4)
- F1. As trustee for B. Scott White Trust
- F2. As trustee for IRA fbo B. Scott White
- F3. As trustee for irrevocable trust for child
- F4. As trustee for four irrevocable trusts for grandchildren
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NWPP director Blaine Scott White report?
Blaine Scott White reported an open-market purchase of 4,233 NWPP common shares at $4.16 on March 3, 2026. The transaction was reported on Form 4 and reflects an indirect acquisition through a trust where he serves as trustee.
What other NWPP holdings are reported for Blaine Scott White on this Form 4?
Besides the trust purchase, the Form 4 lists additional direct and indirect NWPP holdings, including shares held directly, as trustee for various trusts, by Sky Investments LLC, by SBTB, L.P., and by his spouse, each reported with separate share totals.