Harold L. Keene trust adds 16,514 New Peoples Bankshares (NWPP) shares
Rhea-AI Filing Summary
NEW PEOPLES BANKSHARES INC director and ten percent owner Harold L. Keene reported an indirect open-market purchase of 16,514 shares of common stock at $4.39 per share through the Harold Lynn Keene Trust. Following this trade, the trust holds 84,074 shares. The filing also shows indirect holdings of 1,128,710 shares via H.L. Keene LLC and 3,429,708 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,514 shares
Net Buy
3 txns
Insider
KEENE HAROLD L
Role
Director, 10% Owner
Bought
16,514 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 16,514 | $4.39 | $72K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 84,074 shares (Indirect, Harold Lynn Keene Trust);
Common Stock — 3,429,708 shares (Direct);
Common Stock — 1,128,710 shares (Indirect, H.L. Keene LLC)
Key Figures
Shares purchased: 16,514 shares
Purchase price: $4.39 per share
Trust holdings after trade: 84,074 shares
+2 more
5 metrics
Shares purchased
16,514 shares
Open-market purchase by Harold Lynn Keene Trust
Purchase price
$4.39 per share
Price for 16,514-share open-market buy
Trust holdings after trade
84,074 shares
Harold Lynn Keene Trust position following purchase
Indirect LLC holdings
1,128,710 shares
Common stock held via H.L. Keene LLC
Direct holdings
3,429,708 shares
Common stock held directly by reporting person
Key Terms
open-market purchase, indirect, ten percent owner, Common Stock
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect financial
""ownership_type": "indirect""
ten percent owner financial
""is_ten_percent_owner": 1"
Common Stock financial
""security_title": "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 insider transaction did NWPP director Harold L. Keene report?
Harold L. Keene reported an indirect open-market purchase of 16,514 shares of NEW PEOPLES BANKSHARES INC common stock at $4.39 per share. The shares were acquired through the Harold Lynn Keene Trust, increasing that trust’s reported holdings to 84,074 shares.
What other NWPP holdings are associated with Harold L. Keene?
The filing lists 1,128,710 NWPP common shares held indirectly through H.L. Keene LLC and 3,429,708 common shares held directly. These positions are reported as holdings, separate from the 16,514-share open-market purchase through the Harold Lynn Keene Trust.