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  4. [144] PEOPLES BANCORP OF NORTH CAROLINA INC SEC Filing

Peoples Bancorp director plans 500-share sale

Director James S. Abernethy’s Rule 144 notice shows an intended sale of up to 500 PEBK shares via Wells Fargo, valued at about $21,427.55.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) director James S. Abernethy filed a notice under Rule 144 indicating an intention to sell common stock. The filing covers up to 500 shares of PEBK to be sold through Wells Fargo Clearing Services, with an aggregate market value of 21,427.55. Outstanding PEBK common shares are reported as 5,461,490. The notice also lists recent sales in the last three months, including 1,000 shares on July 28, 2026 and 1,000 shares on August 27, 2026, some sold in an account for his son, Adrian Abernethy.

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Shares to be sold under Rule 144 500 shares PEBK common stock covered by the Form 144 notice
Aggregate market value of planned sale 21,427.55 Value of 500 PEBK shares to be sold through Wells Fargo Clearing Services
Shares outstanding 5,461,490 shares PEBK common shares outstanding as of September 2, 2026
Sale on July 28, 2026 1,000 shares for 42,236.67 Common Shares of PEBK sold by James Abernethy
Sale on July 29, 2026 500 shares for 21,256.24 Common Shares of PEBK sold by Adrian Abernethy
Sale on August 27, 2026 1,000 shares for 42,790.12 Common Shares of PEBK sold by James Abernethy
Acquisition date of shares to be sold November 30, 2020 Inheritance of 500 PEBK common shares noted in the filing
Rule 144 regulatory
"See the 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.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
aggregate market value financial
"500 | 21427.55 | 5461490 | 09/02/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
securities to be sold financial
"144: Securities To Be Sold"
securities sold during the past 3 months financial
"144: Securities Sold During The Past 3 Months"

FAQ

What does the Form 144 filing mean for PEBK investors?
James S. Abernethy, a director of PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK), filed a Rule 144 notice to potentially sell 500 common shares. This is a disclosure of a planned sale by an affiliate, not a mandatory transaction or an offering by the company.

How many PEBK shares are covered by this Form 144 notice?
The notice covers up to 500 shares of PEBK common stock to be sold through Wells Fargo Clearing Services, with an aggregate market value stated as 21,427.55 as of September 2, 2026.

How many PEBK shares are outstanding according to this filing?
The filing reports 5,461,490 PEBK common shares outstanding as of September 2, 2026; this is a baseline figure for the company’s equity, not the amount being sold under this Form 144.

What prior PEBK share sales by James or Adrian Abernethy are disclosed?
The filing lists recent sales of PEBK common shares, including 1,000 shares on July 28, 2026 for 42,236.67, 500 shares on July 29, 2026 for 21,256.24, and 1,000 shares on August 27, 2026 for 42,790.12.

Were any of the disclosed PEBK sales made for a family member’s account?
Yes. A remark in the filing states that certain PEBK shares were sold in an account for Adrian Abernethy, son of James S. Abernethy, clarifying that some reported transactions involved a related person’s account.

What is the acquisition history of the PEBK shares to be sold under this notice?
The 500 shares of PEBK common stock covered by the notice are reported as having been acquired on November 30, 2020 by inheritance, with Christine S. Abernethy identified in the acquisition details.

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

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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR