Peoples Bancorp (PEBK) director sells 1,000 shares, keeps 65,626
Rhea-AI Filing Summary
PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) director James S. Abernethy reported selling 1,000 shares of common stock on 2026-08-27 at $43.11 per share in an open-market or private transaction. Following this sale, he held 65,626 shares directly, plus indirect holdings of 35,400 shares through his son and 70,441 shares through an entity where he serves as VP, Secretary and Chairman. The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
3 txns
Insider
ABERNETHY JAMES S
Role
Director
Sold
1,000 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $43.11 | $43K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,626 shares (Direct);
Common Stock — 35,400 shares (Indirect, Son);
Common Stock — 70,441 shares (Indirect, VP, Sec & Chairman of Alexander Railroad Co.)
Key Figures
Shares sold: 1,000 shares of Common Stock
Sale price per share: $43.11 per share
Direct holdings after transaction: 65,626 shares of Common Stock
+3 more
6 metrics
Shares sold
1,000 shares of Common Stock
Sale on 2026-08-27 by director James S. Abernethy
Sale price per share
$43.11 per share
Price for the 1,000-share sale on 2026-08-27
Direct holdings after transaction
65,626 shares of Common Stock
Direct ownership following the 2026-08-27 sale
Indirect holdings via son
35,400 shares of Common Stock
Indirect ownership classified as "Son"
Indirect holdings via Alexander Railroad Co.
70,441 shares of Common Stock
Indirect ownership where Abernethy is VP, Secretary & Chairman
Net buy/sell shares
-1,000 shares
Net effect of reported non-derivative transactions in this Form 4
Key Terms
open market, private transaction, indirect
3 terms
open market financial
"transaction_code_description": "Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction financial
"transaction_code_description": "Sale in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
indirect financial
""transaction_type": "holding" ... "ownership_type": "indirect""
FAQ
What insider transaction did PEBK director James S. Abernethy report?
James S. Abernethy reported a sale of 1,000 PEBK common shares on 2026-08-27 at $43.11 per share, described as a sale in an open-market or private transaction.
What are James S. Abernethy’s indirect holdings of PEBK stock?
The Form 4 lists 35,400 PEBK shares held indirectly through his son, and 70,441 PEBK shares held indirectly through an entity where he is VP, Secretary and Chairman of Alexander Railroad Co.
Was the PEBK insider sale made under a Rule 10b5-1 trading plan?
No. The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan, as the related checkbox was not marked affirmatively.
AI-generated analysis. How Rhea-AI works. Not financial advice.
