Peoples Bancorp (NASDAQ: PEBK) director to sell 1,000 inherited shares

Rhea-AI Filing Summary

PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) has a notice under Rule 144 for a planned sale of restricted securities. Director James S. Abernethy intends to sell 1,000 common shares of PEBK through Wells Fargo Clearing Services, with an aggregate market value of $42,790.12 as reported.

The 1,000 shares to be sold were acquired by inheritance from Christine S. Abernethy on November 30, 2020. The notice also lists recent Rule 144 sales in the past three months by James and Adrian Abernethy, including multiple transactions of 500–1,000 common shares of PEBK.

Key Figures

Common shares to be sold under Rule 144: 1,000 shares Aggregate market value of shares to be sold: $42,790.12 Past sale by Adrian Abernethy on June 1, 2026: 500 shares for $20,727.57 +3 more

6 metrics

Common shares to be sold under Rule 144 1,000 shares Planned sale for the account of James S. Abernethy

Aggregate market value of shares to be sold $42,790.12 Value of 1,000 PEBK common shares in the planned Rule 144 sale

Past sale by Adrian Abernethy on June 1, 2026 500 shares for $20,727.57 Common Shares of PEBK sold during the past 3 months

Past sale by James Abernethy on July 28, 2026 1,000 shares for $42,236.67 Common Shares of PEBK sold during the past 3 months

Past sale by Adrian Abernethy on July 29, 2026 500 shares for $21,256.24 Common Shares of PEBK sold during the past 3 months

Past sale by James Abernethy on July 30, 2026 1,000 shares for $42,252.22 Common Shares of PEBK sold during the past 3 months

Key Terms

Rule 144, aggregate market value, Common Shares of PEBK, securities to be sold

4 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.

aggregate market value financial

"Common ... 1000 | 42790.12 | 5461490 | 08/27/2026"

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.

Common Shares of PEBK financial

"Adrian Abernethy ... Common Shares of PEBK | 06/01/2026"

securities to be sold financial

"144: Securities To Be Sold Common | 11/30/2020 | Inheritance"

FAQ

What does the Form 144 filing for PEBK disclose about upcoming stock sales?

The filing states that director James S. Abernethy intends to sell 1,000 common shares of PEBK under Rule 144, through Wells Fargo Clearing Services, with an aggregate market value of $42,790.12 as reported in the notice.

Who is the PEBK insider involved in this Form 144 filing and what is their role?

The person for whose account the securities are to be sold is James S. Abernethy, identified as a Director of PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK).

How many PEBK shares are planned to be sold under this Rule 144 notice?

The notice reports that 1,000 common shares of PEBK are planned to be sold under Rule 144, with an aggregate market value of $42,790.12 as stated in the securities information section.

How were the PEBK shares in the current Form 144 acquired?

The 1,000 PEBK common shares covered by this Form 144 were acquired by inheritance, from Christine S. Abernethy, on November 30, 2020, according to the securities-to-be-sold section.

What recent PEBK share sales are disclosed for the past three months?

The filing lists several past 3‑month sales of PEBK common shares under Rule 144, including 500 shares by Adrian Abernethy on June 1, 2026 for $20,727.57 and 1,000 shares by James Abernethy on July 28, 2026 for $42,236.67, among others.

Which broker is named in the PEBK Form 144 filing?

The broker listed for the planned Rule 144 sale is Wells Fargo Clearing Services, located at 1 N. Jefferson Ave., St. Louis, MO 63103.

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

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Available on EDGAR 08/27/2026 - 03:34 PM Accepted by SEC EDGAR 08/27/2026 - 03:33 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	1000	42790.12	5461490	08/27/2026	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			1000	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
Adrian Abernethy 518 West C. Street Newton SC 28658-4007	Common Shares of PEBK	06/01/2026	500	20727.57
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

144: Remarks and Signature

Remarks
Date of Notice	08/27/2026
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)