Peoples Bancorp of NC (PEBK) director sells 477 common shares
Rhea-AI Filing Summary
PEOPLES BANCORP OF NORTH CAROLINA INC director James S. Abernethy sold 477 shares of common stock in an open-market transaction at $37.60 per share. After this sale, he directly owns 70,426 common shares and also reports indirect ownership through his son and Alexander Railroad Co. roles.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 477 shares
Net Sell
3 txns
Insider
ABERNETHY JAMES S
Role
Director
Sold
477 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 477 | $37.60 | $18K |
| holding | Common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common stock — 70,426 shares (Direct);
Common stock — 37,000 shares (Indirect, Son);
Common Stock — 70,441 shares (Indirect, VP, Sec & Chairman of Alexander Railroad Co.)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PEBK director James S. Abernethy report?
James S. Abernethy reported an open-market sale of 477 shares of PEOPLES BANCORP OF NORTH CAROLINA INC common stock. The shares were sold at $37.60 per share, according to the Form 4 insider trading report filed for PEBK.
What is the transaction code used in the PEBK Form 4 filing?
The PEBK Form 4 uses transaction code “S” for the 477-share trade. This code indicates a sale in an open market or private transaction, consistent with the filing’s description of an open-market sale of common stock.