Peoples Bancorp of North Carolina (PEBK) director sells 950 shares
Rhea-AI Filing Summary
PEOPLES BANCORP OF NORTH CAROLINA INC director Ashton V. Abernethy reported an open-market sale of 950 shares of Common Stock at $42.26 per share. After this sale, the filing shows direct ownership of 43,838 common shares, indicating the transaction was small relative to the director's remaining stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 950 shares
Net Sell
1 txn
Insider
Abernethy Ashton V.
Role
Director
Sold
950 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 950 | $42.26 | $40K |
Holdings After Transaction:
Common Stock — 43,838 shares (Direct)
Key Figures
Shares sold: 950 shares
Sale price: $42.26 per share
Shares held after sale: 43,838 shares
+1 more
4 metrics
Shares sold
950 shares
Open-market sale of Common Stock
Sale price
$42.26 per share
Price for Common Stock sale
Shares held after sale
43,838 shares
Direct holdings following transaction
Net buy/sell shares
-950 shares
Net-sell direction in transaction summary
Key Terms
open-market sale, Common Stock, net-sell, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
net-sell financial
"netBuySellDirection: "net-sell""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PEBK director Ashton V. Abernethy report?
Ashton V. Abernethy reported an open-market sale of 950 shares of Peoples Bancorp of North Carolina Common Stock at $42.26 per share. This Form 4 filing reflects a routine insider sale of a relatively small number of shares.
Was the PEBK insider transaction an open-market sale or another type?
The PEBK insider transaction was an open-market sale of Common Stock. The Form 4 characterizes the transaction with code “S” and describes it as a “Sale in open market or private transaction,” confirming it was a standard disposition of shares.
Does the PEBK Form 4 show any derivative securities or option exercises?
The Form 4 does not list any derivative security transactions for this event. The derivativeSummary section is empty, and the only reported activity is a non-derivative Common Stock sale, indicating no option exercises or other derivative movements in this filing.