Director trims stake in Peoples Bancorp of North Carolina (PEBK)

Rhea-AI Filing Summary

Peoples Bancorp of North Carolina director James S. Abernethy reported selling 1,000 shares of common stock at $38.34 per share on February 9, 2026. After this sale, he directly owned 72,526 shares. He also reported indirect holdings of 37,000 shares through his son and 70,441 shares linked to his role with Alexander Railroad.

SEC Form 4

FORM 4

UNITED 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
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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 JAMES S

(Last) (First) (Middle)

518 WEST C STREET

(Street)

NEWTON NC 28658

(City) (State) (Zip)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		S		1,000	D	$38.34	72,526	D
Common Stock								37,000	I	Son
Common stock								70,441	I	VP, Sec, & Chairman of Alexander Railroad

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ James S. Abernethy	02/09/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Peoples Bancorp of North Carolina (PEBK) report?

Peoples Bancorp of North Carolina reported that director James S. Abernethy sold 1,000 shares of common stock at $38.34 per share. The transaction occurred on February 9, 2026, and was disclosed on a Form 4 insider trading report filed under SEC rules.

How many Peoples Bancorp (PEBK) shares does James S. Abernethy own after the sale?

After the reported sale, James S. Abernethy held 72,526 Peoples Bancorp common shares directly. In addition, he reported indirect beneficial ownership of 37,000 shares through his son and 70,441 shares related to his position with Alexander Railroad, according to the Form 4 filing details.

What was the sale price in the latest PEBK Form 4 filing?

The Form 4 shows that 1,000 Peoples Bancorp common shares were sold at a price of $38.34 per share. This reported sale price applies only to the 1,000 shares transacted on February 9, 2026, by director James S. Abernethy in the insider trading report.

Who is the insider involved in the latest Peoples Bancorp (PEBK) transaction?

The insider is James S. Abernethy, a director of Peoples Bancorp of North Carolina. He filed a Form 4 reporting the sale of 1,000 common shares and disclosing both his remaining direct holdings and additional indirect holdings connected to his son and Alexander Railroad.

Does the Form 4 for PEBK report any derivative securities activity?

The Form 4 includes a table for derivative securities but does not list any derivative transactions for this event. All reported positions relate to common stock, including the 1,000-share sale and the direct and indirect common share holdings disclosed by director James S. Abernethy.

What indirect ownership positions in PEBK stock are reported for James S. Abernethy?

James S. Abernethy reports indirect beneficial ownership of 37,000 Peoples Bancorp common shares through his son. He also reports 70,441 common shares held indirectly in connection with his role as VP, Secretary, and Chairman of Alexander Railroad, as shown in the Form 4 filing.