STOCK TITAN

Peoples Bancorp director sells 7,000 shares

PEBK director Robert C. Abernethy reported an indirect open-market sale of 7,000 shares at $43.61 on September 2, 2026.

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK) director Robert C. Abernethy reported an indirect sale of 7,000 shares of common stock on September 2, 2026 at an average price of $43.61 per share. The shares were held through Carolina Glove Co., where he serves as President, Secretary and Treasurer, and were reported as indirect ownership.

After the sale, Abernethy reported 101,116 indirectly held shares through Carolina Glove Co., 213,936 directly held shares, and 7,416.1746 indirectly held shares through his spouse. No Rule 10b5-1 trading plan is reported for this transaction.

Positive

  • None.

Negative

  • None.
Insider ABERNETHY ROBERT C
Role Director
Sold 7,000 shs ($305K)
Type Security Shares Price Value
Sale Common Stock F1 7,000 $43.61 $305K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 101,116 shares (Indirect, Pres, Sec & Treas of Carolina Glove Co.); Common Stock — 213,936 shares (Direct); Common Stock — 7,416.1746 shares (Indirect, Spouse)
Footnotes (1)
  1. F1. Average Price
Shares sold 7,000 shares Indirect sale of PEBK common stock on September 2, 2026
Sale price per share $43.61 per share Average price for the 7,000 shares sold on September 2, 2026
Indirect holdings via Carolina Glove Co. after sale 101,116 shares Indirect PEBK common stock held following the transaction
Direct holdings after transaction 213,936 shares Directly held PEBK common stock as of September 2, 2026
Spouse indirect holdings after transaction 7,416.1746 shares Indirect PEBK common stock reported as held through spouse
indirect ownership financial
"The shares were held through Carolina Glove Co. and were reported as indirect ownership."
Average Price financial
"A footnote marked F1 describes the transaction price as Average Price."
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

FAQ

What transaction did PEBK director Robert C. Abernethy report on September 2, 2026?

He reported an indirect sale of 7,000 shares of PEBK common stock on September 2, 2026 at an average price of $43.61 per share, described as a sale in an open market or private transaction.

How were the sold PEBK shares held before Robert C. Abernethy’s transaction?

The 7,000 shares were held indirectly through Carolina Glove Co., where Robert C. Abernethy is President, Secretary and Treasurer. The filing classifies this as indirect ownership.

What are Robert C. Abernethy’s indirect PEBK holdings after the reported sale?

Following the sale, he reported 101,116 shares of PEBK common stock held indirectly through Carolina Glove Co. and an additional 7,416.1746 shares held indirectly through his spouse.

What are Robert C. Abernethy’s direct PEBK shareholdings after the transaction?

After the reported transaction, Robert C. Abernethy reported 213,936 shares of PEBK common stock held directly.

Was Robert C. Abernethy’s PEBK share sale under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for this transaction, meaning the sale is not affirmed as having been made under a pre-arranged trading plan.

What price information did the PEBK Form 4 disclose for the 7,000-share sale?

The filing reports an average price of $43.61 per share for the 7,000 shares sold, with a footnote indicating it is an Average Price for the transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ABERNETHY ROBERT C

(Last)(First)(Middle)
518 WEST C STREET

(Street)
NEWTON NORTH CAROLINA 28658

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PEOPLES BANCORP OF NORTH CAROLINA INC [ PEBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/02/2026S7,000D$43.61(1)101,116IPres, Sec & Treas of Carolina Glove Co.
Common Stock213,936D
Common Stock7,416.1746ISpouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Average Price
/s/ Robert C. Abernethy, Sr.09/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)