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Abernethy plans 1,000-share PEBK (PEBK) Rule 144 stock sale

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

Rhea-AI Filing Summary

PEBK shareholder files notice to sell 1,000 shares under Rule 144. The filer plans to sell 1,000 shares of PEBK common stock on the Nasdaq through Wells Fargo Clearing Services, with an aggregate market value of $37,758.53. The issuer has 5,459,441 shares outstanding.

The 1,000 shares were acquired by inheritance on 11/30/2020 from Christine Abernethy. Over the past three months, related sales of PEBK common shares include multiple small transactions by Adrian and James Abernethy, with individual trades ranging from 2 to 600 shares and gross proceeds up to $22,023.36.

Positive

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Negative

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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

FAQ

What does the Form 144 filing for PEBK disclose?

The Form 144 discloses a planned sale of 1,000 PEBK common shares on Nasdaq, with an aggregate market value of $37,758.53. It also notes the shares were acquired by inheritance and provides recent sale history for related holders.

How many PEBK shares are covered by this planned Rule 144 sale?

The notice covers a planned sale of 1,000 PEBK common shares. These shares are to be sold on Nasdaq through Wells Fargo Clearing Services, based on the information given in the filing’s securities information table.

How were the PEBK shares in this Form 144 acquired?

The 1,000 PEBK common shares were acquired by inheritance on 11/30/2020 from Christine Abernethy. The filing lists this as the nature of the acquisition transaction and records the same date as the date of payment.

What is the aggregate market value of the PEBK shares to be sold?

The aggregate market value of the 1,000 PEBK common shares planned for sale is $37,758.53. This figure comes directly from the securities information table describing the number of shares and their total market value for the transaction.

How many PEBK shares are outstanding according to this Form 144?

The filing states that 5,459,441 PEBK common shares are outstanding. This number appears in the securities information section and provides context for the size of the 1,000-share planned sale under Rule 144.

What recent PEBK share sales by related holders are disclosed?

Recent sales include Adrian Abernethy selling 2, 598, and 600 PEBK common shares and James Abernethy selling 300 shares. Gross proceeds for these trades range from $58.01 to $22,023.36, all within the past three months.
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