PEBK holder plans sale of 1,200 inherited shares

PEBK shareholder Robert C. Abernethy Jr. filed to sell restricted or control 1,200 shares of common stock through Wells Fargo Clearing Services.

Accepted by SEC EDGAR 07/23/2026 - 02:26 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

PEBK shareholder Robert C. Abernethy Jr. filed to sell restricted or control 1,200 shares of common stock through Wells Fargo Clearing Services. The shares, inherited from Christine S. Abernethy on 11/30/2020, have an aggregate market value of about $49,356.02 as of the planned sale date on 07/23/2026. The filing also lists a prior sale of 1,200 shares during the past three months for $49,184.57 on 06/01/2026.

Key Figures

Shares proposed for sale: 1,200 shares Aggregate market value (proposed sale): $49,356.02 Shares sold in past 3 months: 1,200 shares +3 more

6 metrics

Shares proposed for sale 1,200 shares Common stock to be sold through Wells Fargo Clearing Services

Aggregate market value (proposed sale) $49,356.02 Estimated value of 1,200 shares as of 07/23/2026

Shares sold in past 3 months 1,200 shares Common stock sale on 06/01/2026

Proceeds from prior sale $49,184.57 Aggregate proceeds for 1,200-share sale on 06/01/2026

Acquisition date of inherited shares 11/30/2020 Date 1,200 shares were acquired by inheritance from Christine S. Abernethy

Planned sale date 07/23/2026 Date associated with proposed 1,200-share sale

Key Terms

Form 144, restricted or control securities, aggregate market value, securities sold during the past 3 months

4 terms

Form 144 regulatory

"Form 144 shows a PEBK shareholder planning to sell 1,200 inherited common shares"

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.

restricted or control securities regulatory

"filed to sell restricted or control 1,200 shares of common stock"

aggregate market value financial

"have an aggregate market value of about $49,356.02 as of the planned sale date"

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 sold during the past 3 months regulatory

"appears under the section covering 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 for PEBK disclose?

It discloses that Robert C. Abernethy Jr. plans to sell 1,200 PEBK common shares with an estimated market value of $49,356.02, and reports a prior 1,200-share sale for $49,184.57 in the last three months.

How many PEBK shares are proposed for sale in this Form 144?

The filing reports a proposed sale of 1,200 shares of PEBK common stock. These shares are to be sold through Wells Fargo Clearing Services, with an indicated market value of $49,356.02 tied to the anticipated sale date of 07/23/2026.

What prior PEBK stock sales are reported in the last three months?

The document lists one prior transaction: a sale of 1,200 PEBK common shares on 06/01/2026 for total proceeds of $49,184.57. This appears under the section covering securities sold during the past 3 months.

Who is the beneficial owner in the PEBK Form 144 filing?

The beneficial owner named is Robert C. Abernethy Jr., with an address in Newton, NC. The filing also notes that the 1,200 shares proposed for sale were acquired by inheritance from Christine S. Abernethy on 11/30/2020.

How were the PEBK shares in this Form 144 acquired?

The 1,200 PEBK common shares covered by the Form 144 were acquired by inheritance. The document identifies Christine S. Abernethy as the source of the inherited shares, with the acquisition date listed as 11/30/2020.

Which broker is handling the proposed PEBK share sale?

The proposed sale of 1,200 PEBK common shares is to be executed through Wells Fargo Clearing Services at 1 N. Jefferson Ave., St. Louis, MO 63103. The shares are listed for trading on the Nasdaq market according to the filing.

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

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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	0002052002
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. JR
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	1200	49356.02	5461490	07/23/2026	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			1200	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
Robert C. Abernethy Jr. 518 West C Street PO BOX 467 Newton NC 28658-4007	Common	06/01/2026	1200	49184.57

144: Remarks and Signature

Remarks
Date of Notice	07/23/2026
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 Jr.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)