[144] Peoples Bancorp of North Carol SEC Filing

Rhea-AI Filing Summary

Form 144 Notice: This filing records a proposed sale of 600 common shares of Peoples Bancorp of North Carolina (PEBK) through Wells Fargo Clearing Services on Nasdaq, with an approximate sale date of 08/25/2025 and an aggregate market value of $18,414.07. The shares were acquired by inheritance on 11/30/2020 from Christine Abernethy and the filing shows the same 600-share lot. The filing also discloses recent related sales in the past three months: 600 shares sold by James Abernethy on 08/04/2025 for $16,551.45 and 600 shares sold by Adrian Abernethy on 07/31/2025 for $16,883.05. The notice includes the standard signature representation that the seller is not aware of undisclosed material adverse information.

Positive

• Required transaction details disclosed: class, broker, share count, market value, approximate sale date and exchange are provided
• Acquisition provenance stated: shares were acquired by inheritance on 11/30/2020, identifying the transferor as Christine Abernethy
• Recent related sales listed: two prior sales in the past three months with gross proceeds are included, improving transparency

Negative

• Filer identifiers/contact info not shown: the provided extract does not display a filer CIK or submission contact details
• Named account/person field not populated in extract: relationship to issuer / person for whose account is blank in the visible content

Insights

Securities Analyst

TL;DR: Routine Form 144 filing disclosing sale of 600 inherited shares; recent related small-volume sales noted.

The filing documents a proposed sale of 600 common shares of PEBK with an indicated market value of $18,414.07 and an approximate execution date of 08/25/2025 via Wells Fargo Clearing Services. Acquisition was by inheritance on 11/30/2020 from Christine Abernethy. The record also lists two recent sales by individuals with the Abernethy surname totaling 1,200 shares in July–August 2025, with gross proceeds reported. For investors, this is a disclosure of insider/affiliate selling activity rather than financial performance information; the volumes shown are small relative to typical public market floats, and no additional company financial data is provided here.

Compliance/Risk Analyst

TL;DR: Filing meets Rule 144 disclosure of intended sale but omits some filer contact/CIK details in the visible text.

The form contains the required transaction-level information: class, broker, share count, acquisition date and nature (inheritance), and recent sales by related parties. However, visible sections for filer CIK, contact details and the named person for whose account the securities are to be sold are not populated in the provided extract. The notice includes the customary representation about lack of undisclosed material adverse information and warns about criminal penalties for misstatements. From a compliance standpoint, the form appears to disclose the material sale facts, but the absence of visible filer identifiers in this extract could limit traceability until the full filing record is reviewed.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Wells Fargo Clearing Services 1 N. Jefferson Ave. St. Louis MO 63103	600	18414.07	5459441	08/25/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/30/2020	Inheritance	Christine Abernethy			600	11/30/2020	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
James Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	08/04/2025	600	16551.45
Adrian Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	07/31/2025	600	16883.05

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for PEBK report?

The form reports a proposed sale of 600 common shares of PEBK via Wells Fargo with an approximate sale date of 08/25/2025 and aggregate market value of $18,414.07.

How were the 600 PEBK shares acquired?

The shares were acquired by inheritance on 11/30/2020 from Christine Abernethy.

Were there any recent related sales of PEBK shares?

Yes. The filing shows 600 shares sold by James Abernethy on 08/04/2025 for $16,551.45 and 600 shares sold by Adrian Abernethy on 07/31/2025 for $16,883.05.

Which broker and exchange are listed for the proposed sale?

The broker is Wells Fargo Clearing Services and the securities are listed to be sold on Nasdaq.

Does the filing state whether the seller knows of any undisclosed material information?

Yes. The signer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.