PEBK files Form 144 to sell 477 common shares

PEBK notice of a proposed sale of 477 common shares under a Form 144.

Rhea-AI Filing Summary

PEBK notice of a proposed sale of 477 common shares under a Form 144.

The filing lists recent related transactions, including sales by James Abernethy (for example, 523 shares on 02/27/2026) and Adrian Abernethy (600 shares on 02/04/2026). Shares outstanding are shown as 5,459,441 as of 03/03/2026.

Insights

Securities Compliance Counsel

Form 144 registers an affiliate sale of 477 common shares; prior small open-market sales are listed.

The filing lists a proposed sale of 477 common shares and documents prior completed sales by affiliated persons, such as 523 shares on 02/27/2026 and 600 shares on 02/04/2026. This follows typical disclosure required for SEC Rule 144 dispositions.

Timing and methods of the proposed sale are not detailed in the excerpt; subsequent public transaction reports or broker confirmations will show execution. Filings like this are primarily procedural and do not, by themselves, change company fundamentals.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does PEBK's Form 144 disclose?

The Form 144 discloses a proposed sale of 477 common shares by affiliates and records recent open-market sales. It lists prior transactions such as 523 shares sold on 02/27/2026 and 600 shares sold on 02/04/2026.

Who are the sellers named in the PEBK filing?

The filing names affiliated sellers including James Abernethy and Adrian Abernethy. It documents multiple past sales by James (examples shown) and a sale by Adrian on 02/04/2026 for 600 shares.

How many PEBK shares are outstanding per the filing?

The filing shows 5,459,441 shares outstanding as of 03/03/2026. That figure appears on the Form 144 cover line and provides context for the disclosed proposed sale and recent transactions.

Do the Form 144 entries indicate the sale has occurred?

No. The Form 144 registers a proposed sale of 477 shares; separate lines list completed sales in the prior three months. Execution details for the proposed sale are not provided in the excerpt and would appear in subsequent transaction reports.

Where can I find details of the past sales listed in the filing?

The form lists dates, sellers, and share counts for recent disposals, for example 523 shares on 02/27/2026 and 600 shares on 02/04/2026. Broker confirmations or later SEC transaction reports may provide trade specifics.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/03/2026 - 01:26 PM Learn about SEC filing dates

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	0001244172
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PEOPLES BANCORP OF NORTH CAROLINA INC
SEC File Number	000-27205
Address of Issuer	518 WEST C STREET PO BOX 467 NEWTON NORTH CAROLINA 28658-4007
Phone	8284645620
Name of Person for Whose Account the Securities are To Be Sold	ABERNETHY JAMES S
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	Director

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	477	17671.65	5459441	03/03/2026	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			477	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	12/02/2025	300	9553.75
Adrian Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	02/04/2026	600	22023.36
James Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	02/09/2026	1000	37758.53
James Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	02/24/2026	600	22550.05
James Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	02/27/2026	523	20044.38

144: Remarks and Signature

Remarks
Date of Notice	03/03/2026
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	James S. Abernethy
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)