Peoples Bancorp NC director sells 5,247 shares
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
PEOPLES BANCORP OF NORTH CAROLINA director Robert C. Abernethy reported an indirect sale of 5,247 common shares of PEBK at a weighted-average price of $43.34 per share, executed through Carolina Glove Co. in open-market or private transactions on August 5–6, 2026.
After these trades, Carolina Glove Co. held 108,116 shares indirectly attributed to Abernethy, in addition to 213,936 shares held directly and 7,416.1746 shares held indirectly through his spouse.
Insider Trade Summary
Net Seller: 5,247 shares
Net Sell
1 txn
Insider
ABERNETHY ROBERT C
Role
Director
Sold
5,247 shs ($227K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,247 | $43.34 | $227K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 108,116 shares (Indirect, Pres, Sec, & Treas of Carolina Glove Co.);
Common Stock — 213,936 shares (Direct);
Common Stock — 7,416.1746 shares (Indirect, Spouse)
Footnotes (2)
- F1. 2,009 shares sold 8/5/26 at $43.51 per share; 682 shares sold on 8/6/26 at $43.50 per share; and 2,556 shares sold on 8/6/26 at 43.00 per share.
- F2. Average Price
Key Figures
Shares sold: 5,247 shares
Weighted-average sale price: $43.34 per share
Trade components: 2,009; 682; 2,556 shares
+3 more
6 metrics
Shares sold
5,247 shares
Common Stock indirectly sold in trades on August 5–6, 2026
Weighted-average sale price
$43.34 per share
Average price for the 5,247-share indirect sale of Common Stock
Trade components
2,009; 682; 2,556 shares
Shares sold at $43.51, $43.50, and $43.00 per share, respectively
Indirect holdings via Carolina Glove Co.
108,116 shares
Common Stock indirectly owned after the reported sale
Direct holdings after transaction
213,936 shares
Common Stock held directly by Abernethy after the reported transactions
Spouse indirect holdings
7,416.1746 shares
Common Stock indirectly attributed to Abernethy through his spouse after the sale
Key Terms
indirect ownership, weighted-average price, open market or private transaction
3 terms
indirect ownership financial
"total_shares_following_transaction is reported with indirect ownership via Carolina Glove Co."
weighted-average price financial
"Footnote F2 describes the transaction price as an Average Price for the sale."
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
open market or private transaction financial
"transaction_code_description states Sale in open market or private transaction."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did Robert C. Abernethy report in his Form 4 for PEBK?
He reported an indirect sale of 5,247 shares of Peoples Bancorp of North Carolina common stock. The shares were sold by an entity associated with him, Carolina Glove Co., at a weighted-average price of $43.34 per share in open-market or private transactions.
What are Robert C. Abernethy’s remaining indirect PEBK holdings after this sale?
After the sale, Carolina Glove Co., through which Abernethy holds shares indirectly, owned 108,116 shares of Peoples Bancorp common stock. A separate entry shows an additional 7,416.1746 shares indirectly attributed to him through his spouse, based on the ownership information reported.
What are Abernethy’s direct holdings of PEBK following the reported transactions?
A holdings entry shows that Robert C. Abernethy directly owned 213,936 shares of Peoples Bancorp of North Carolina common stock after the reported transactions. This direct position is distinct from shares held indirectly through Carolina Glove Co. and those attributed through his spouse.
Were Robert C. Abernethy’s PEBK trades made under a Rule 10b5-1 plan?
No. The data field representing the Rule 10b5-1 checkbox (aff_10b5_one) is set to false, indicating these trades were not affirmatively reported as executed under a Rule 10b5-1 trading plan. The footnotes also do not describe any pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
