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.

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.

Key Figures

Shares to be sold under Rule 144: 500 shares Aggregate market value of planned sale: 21,427.55 Shares outstanding: 5,461,490 shares +4 more

7 metrics

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

Key Terms

Rule 144, Form 144, aggregate market value, securities to be sold, +1 more

5 terms

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

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

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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Available on EDGAR 09/02/2026 - 12:42 PM EDT Accepted by SEC EDGAR 09/02/2026 - 12:41 PM EDT 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	500	21427.55	5461490	09/02/2026	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 S. Abernethy			500	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	07/28/2026	1000	42236.67
Adrian Abernethy 518 West C Street Newton SC 28658-4007	Common Shares of PEBK	07/29/2026	500	21256.24
James Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	07/30/2026	1000	42252.22
James Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	08/27/2026	1000	42790.12

144: Remarks and Signature

Remarks	Shares were sold in an account for Adrian Abernethy, son of James S Abernethy.
Date of Notice	09/02/2026
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)