New Peoples Bankshares Form 4: 16,000-share insider purchase
Rhea-AI Filing Summary
New Peoples Bankshares (NWPP): Form 4 insider activity — Director and 10% Owner B. Scott White reported an open‑market purchase on 11/06/2025. He bought 16,000 shares of common stock at $3.43 per share (transaction code P).
Following the transaction, the filing lists 1,019,480 shares held directly, with additional indirect holdings across various trusts, an LLC interest, a spouse account, and a limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,000 shares
Net Buy
11 txns
Insider
White Blaine Scott
Role
Director, 10% Owner
Bought
16,000 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 16,000 | $3.43 | $55K |
| 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 — 1,032,003 shares (Indirect, Trustee);
Common Stock — 1,019,480 shares (Direct);
Common Stock — 1,455,247 shares (Indirect, by Sky Investments LLC);
Common Stock — 165,560 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 did NWPP insider B. Scott White do on 11/06/2025?
He purchased 16,000 shares of New Peoples Bankshares common stock at $3.43 per share (code P).
What is B. Scott White’s role at NWPP?
He is reported as a Director and a 10% Owner.
Does the filing list indirect ownership for the insider?
Yes. It includes trustee positions, holdings via Sky Investments LLC, a spouse account, and SBTB, L.P.
What does transaction code P mean on a Form 4?
Code P indicates an open‑market or private purchase of non‑derivative securities.