Peoples Bancorp NC director proposes $26K share sale

The prior-three-month sales table names James S. Abernethy and Adrian A. Abernethy, whom the remarks identify as his son.

Available on EDGAR 10/29/2026 - 11:51 AM EDT Accepted by SEC EDGAR 10/29/2026 - 11:51 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Peoples Bancorp of North Carolina (PEBK) director James S. Abernethy gave notice of a proposed sale of 600 common shares through Wells Fargo Clearing Services, with an aggregate market value of $25,958.46. The notice lists October 29, 2026 as the approximate sale date and Nasdaq as the exchange. The shares were acquired by inheritance from Christine Abernethy on November 30, 2020.

Key Figures

Proposed sale: 600 shares Aggregate market value: $25,958.46 Shares outstanding: 5,461,490 shares

3 metrics

Proposed sale 600 shares Common shares

Aggregate market value $25,958.46 Proposed sale

Shares outstanding 5,461,490 shares Figure listed with the proposed sale

Key Terms

Rule 144, Inheritance

2 terms

Rule 144 regulatory

"definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Inheritance financial

"Inheritance"

Inheritance is the transfer of money, property or investments to someone after a person dies, like handing a family recipe or toolbox from one generation to the next. For investors it matters because inherited assets can change who controls shares, affect the size and composition of a portfolio, trigger taxes or fees, and create opportunities or pressures to sell or consolidate holdings, all of which can influence financial outcomes.

FAQ

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

How many PEBK shares does director James S. Abernethy propose to sell?

James S. Abernethy reported a proposed sale of 600 PEBK common shares, with an aggregate market value of $25,958.46. The notice lists October 29, 2026 as the approximate sale date and Nasdaq as the exchange.

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

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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 North Jefferson Avenue St. Louis MO 63103	600	25958.46	5461490	10/29/2026	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			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 S Abernethy 518 West C Street Newton NC 28658	Peoples Bancorp of NC, Inc.	10/28/2026	1000	43130.64
Adrian A Abernethy 518 West C Street Newton NC 28658	Peoples Bancorp of NC, Inc.	09/02/2026	500	21427.55
James S Abernethy 518 West C Street Newton NC 28658	Peoples Bancorp of NC, Inc.	08/27/2026	1000	42790.12
James S Abernethy 518 West C Street Newton NC 28658	Peoples Bancorp of NC, Inc.	07/30/2026	1000	42252.22
Adiran A Abernethy 518 West C Street Newton NC 28658	Peoples Bancorp of NC, Inc.	07/29/2026	500	21256.24

144: Remarks and Signature

Remarks	shares were sold for the account of Adrian A Abernethy, son of James S Abernethy.
Date of Notice	10/29/2026
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)