Peoples Bancorp officer plans 7,000-share sale

An officer and director–associated account has filed a Rule 144 notice to sell 7,000 PEBK common shares, following several sales in recent months.

Rhea-AI Filing Summary

PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) received a Rule 144 notice for a proposed sale of 7,000 shares of common stock held in an account at Wells Fargo Clearing Services, with an aggregate market value of $303,083.56, based on 5,461,490 shares outstanding as of September 2, 2026.

The securities to be sold were acquired from the issuer via a stock split on June 15, 2007. Recent Rule 144-related sales for the same beneficial owner’s account include transactions in July and August 2026 by Carolina Glove Co.

Key Figures

Proposed shares to be sold: 7,000 shares Aggregate market value of proposed sale: $303,083.56 Shares outstanding: 5,461,490 shares +3 more

6 metrics

Proposed shares to be sold 7,000 shares Common stock to be sold under Rule 144 notice

Aggregate market value of proposed sale $303,083.56 Value of 7,000 PEBK common shares as of September 2, 2026

Shares outstanding 5,461,490 shares PEBK common shares outstanding as of September 2, 2026

Shares sold July 23, 2026 5,000 shares PEBK common shares sold by Carolina Glove Co. on July 23, 2026 for $208,167.66

Shares sold August 5, 2026 2,009 shares PEBK common shares sold by Carolina Glove Co. on August 5, 2026 for $86,531.76

Shares sold August 6, 2026 3,238 shares PEBK common shares sold by Carolina Glove Co. on August 6, 2026 for $138,182.68

Key Terms

Rule 144, stock split, aggregate market value, Nasdaq

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.

stock split financial

"Common | 06/15/2007 | Stock Split | Issuer"

A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.

aggregate market value financial

"7000 | 303083.56 | 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.

Nasdaq market

"5461490 | 09/02/2026 | Nasdaq"

The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

What does the Form 144 filing report for PEBK?

It reports a proposed Rule 144 sale of 7,000 shares of PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) common stock held in an account at Wells Fargo Clearing Services, with an aggregate market value of $303,083.56 as of September 2, 2026.

Who is associated with the PEBK shares covered by this Form 144?

The account owner is Robert C. Abernethy, described as an officer and director of PEBK. The filing notes that today’s sales were made in the account of Carolina Glove Co., whose account owner is Robert C. Abernethy.

How many PEBK shares are proposed to be sold under this notice?

The notice covers a proposed sale of 7,000 common shares of PEBK. These shares were originally acquired from the issuer on June 15, 2007 through a stock split.

What is the stated market value of the PEBK shares in this Form 144?

The filing lists an aggregate market value of $303,083.56 for the 7,000 PEBK common shares referenced, with 5,461,490 shares outstanding as of September 2, 2026 on Nasdaq.

What PEBK shares were sold in the past three months before this Form 144?

The filing lists prior sales of PEBK common shares by Carolina Glove Co.: 5,000 shares on July 23, 2026 for $208,167.66, 2,009 shares on August 5, 2026 for $86,531.76, and 3,238 shares on August 6, 2026 for $138,182.68.

On which market is PEBK common stock listed in this filing?

The common stock referenced in the filing is identified as trading on Nasdaq. The Form 144 ties the aggregate market value and outstanding share count to this listing as of September 2, 2026.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/02/2026 - 04:34 PM Accepted by SEC EDGAR 09/02/2026 - 04:33 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	0001183129
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 ROBERT C
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	Officer
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	7000	303083.56	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	06/15/2007	Stock Split	Issuer			7000	06/15/2007	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
Carolina Glove Co. 518 West C. Street PO Box 467 Newton NC 28658-4007	Common Shares of PEBK	07/23/2026	5000	208167.66
Carolina Glove Co. 518 West C. Street PO Box 467 Newton NC 28658-4007	Common Shares of PEBK	08/05/2026	2009	86531.76
Carolina Glove Co. 518 West C. Street PO Box 467 Newton NC 28658-4007	Common Shares of PEBK	08/06/2026	3238	138182.68

144: Remarks and Signature

Remarks	Today's sales were sold in the account of Carolina Glove Co. The account owner is Robert C. Abernethy, an officer and director of PEBK.
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	Robert C. Abernethy
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)