[Form 4] Peoples Bancorp of North Carol Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filed by James S. Abernethy (Director) reporting a sale and current holdings in Peoples Bancorp of North Carolina, Inc. (PEBK).

• Transaction: Sale of 600 shares of Common Stock on 08/04/2025 at $28.01.
• Direct beneficial ownership after transaction: 71,676 shares.
• Indirect holdings reported: 38,800 shares (Son) and 70,441 shares (VP, Sec & Chairman of Alexander Railroad).
• Form signed: /s/ James S. Abernethy on 08/05/2025.

Positive

• Transparent disclosure of insider transaction and current holdings in a filed Form 4
• Director retains substantial direct ownership post-transaction: 71,676 shares

Negative

• Insider sale of 600 shares on 08/04/2025 (reported on Form 4) which may be viewed negatively by some investors

Insights

Securities Analyst

TL;DR: Minor insider sale disclosed; director retains material direct and indirect holdings, limited investor impact.

The Form 4 shows a 600-share sale executed 08/04/2025 at $28.01. Post-transaction direct ownership is 71,676 shares, with additional indirect holdings of 38,800 (son) and 70,441 (association with Alexander Railroad). The disclosure is factual; the sale size is small relative to reported holdings and contains no derivatives or option activity.

Corporate Governance Expert

TL;DR: Filing provides required insider disclosure; transaction appears routine with no governance flags in the document.

The document is a standard Section 16 Form 4. It identifies the reporting person as a director and records a sale of 600 shares on 08/04/2025. The form includes explicit indirect ownership statements naming a son and a corporate role at Alexander Railroad. No amendments, option exercises, or unusual clauses are present in the form text provided.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ABERNETHY JAMES S

(Last) (First) (Middle)

518 WEST C STREET

(Street)

NEWTON NC 28658

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEOPLES BANCORP OF NORTH CAROLINA INC [ PEBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/04/2025		S		600	D	$28.01	71,676	D
Common Stock								38,800	I	Son
Common Stock								70,441	I	VP, Sec & Chairman of Alexander Railroad

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ James S. Abernethy	08/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did James S. Abernethy report on the Form 4 for PEBK?

The Form 4 reports a sale of 600 shares of PEBK common stock on 08/04/2025 at a price of $28.01; post-transaction direct ownership is 71,676 shares.

When was the Form 4 signed and filed for PEBK insider activity?

The Form 4 bears the signature of James S. Abernethy dated 08/05/2025.

Does the filing show any indirect ownership for the reporting person?

Yes. The filing lists 38,800 shares indirect via a son and 70,441 shares indirect associated with the role VP, Sec & Chairman of Alexander Railroad.

Were any derivatives or option transactions disclosed in this Form 4?

No. Table II for derivative securities contains no entries in the provided content.

What is the issuer and ticker on the Form 4?

Issuer: Peoples Bancorp of North Carolina, Inc. Ticker: PEBK.