Peoples Bancorp of North Carolina (PEBK) director sells 5,000 shares
Rhea-AI Filing Summary
PEOPLES BANCORP OF NORTH CAROLINA INC director Robert C. Abernethy reported selling 5,000 shares of Common Stock on July 23, 2026 at $42.14 per share, through an indirect account as president, secretary and treasurer of Carolina Glove Co. After the sale, he reported 213,936 shares held directly, 113,363 held indirectly through Carolina Glove Co., and 7,416.1746 held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
3 txns
Insider
ABERNETHY ROBERT C
Role
Director
Sold
5,000 shs ($211K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $42.14 | $211K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 113,363 shares (Indirect, Pres, Sec, & Treas of Carolina Glove Co.);
Common Stock — 213,936 shares (Direct);
Common Stock — 7,416.1746 shares (Indirect, Spouse)
Key Figures
Shares sold: 5,000 shares of Common Stock
Sale price: $42.14 per share
Indirect holdings via Carolina Glove Co.: 113,363 shares
+2 more
5 metrics
Shares sold
5,000 shares of Common Stock
Sale transaction on July 23, 2026 by director Robert C. Abernethy
Sale price
$42.14 per share
Price per share for the 5,000-share sale of Common Stock
Indirect holdings via Carolina Glove Co.
113,363 shares
Indirect Common Stock holdings after the sale
Direct holdings after transaction
213,936 shares
Direct Common Stock position reported after the sale
Spousal indirect holdings
7,416.1746 shares
Indirect Common Stock holdings reported through spouse
Key Terms
Common Stock, indirect ownership, transaction code
3 terms
Common Stock financial
"security_title": "Common Stock", "transaction_date": "2026-07-23""
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.
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
transaction code financial
""transaction_code": "S", "transaction_code_description": "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Robert C. Abernethy report for PEBK?
Robert C. Abernethy reported selling 5,000 shares of Peoples Bancorp of North Carolina Common Stock on July 23, 2026 at $42.14 per share. The sale was executed through an indirect account associated with Carolina Glove Co.
What are Robert C. Abernethy’s direct PEBK holdings after this Form 4?
Following the reported sale, Abernethy reported 213,936 PEBK Common Stock shares held directly. This figure reflects his direct ownership position as of the transaction date reported, separate from any indirect or spousal holdings.
What indirect PEBK holdings does Abernethy report after the sale?
After the sale, Abernethy reported 113,363 shares held indirectly through Carolina Glove Co. and an additional 7,416.1746 shares held indirectly through his spouse. These positions are disclosed separately from his direct ownership.
How is Abernethy’s relationship to Carolina Glove Co. described in the PEBK Form 4?
For the sold shares, Abernethy’s ownership is reported as indirect, with the nature of ownership described as “Pres, Sec, & Treas of Carolina Glove Co.” This indicates the shares are held through that related entity rather than in his name personally.