Director James Abernethy sells 600 PEBK shares in open-market trade

Rhea-AI Filing Summary

PEOPLES BANCORP OF NORTH CAROLINA INC director James S. Abernethy reported an open-market sale of company stock. On February 24, 2026, he sold 600 shares of Common Stock at a price of $38.16 per share.

After this sale, Abernethy directly owned 71,926 shares of Common Stock. The filing also reports indirect ownership of 37,000 shares held through his son and 70,441 shares held through an entity where he serves as VP, Secretary and Chairman.

Insider Trade Summary

Net Seller: 600 shares

Net Sell 3 txns

Insider ABERNETHY JAMES S

Role Director

Sold 600 shs ($23K)

Type	Security	Shares	Price	Value
Sale	Common Stock	600	$38.16	$23K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 71,926 shares (Direct); Common Stock — 37,000 shares (Indirect, Son); Common Stock — 70,441 shares (Indirect, VP, Sec & Chairman of Alexander Railroad Co)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/25/2026 - 04:56 PM Learn about SEC filing dates

FAQ

What insider transaction did PEBK director James S. Abernethy report?

James S. Abernethy reported selling 600 shares of Peoples Bancorp of North Carolina Common Stock in an open-market transaction at $38.16 per share. This transaction is disclosed as a routine Form 4 insider trading report for regulatory transparency.

At what price did James S. Abernethy sell PEBK shares?

He sold 600 Peoples Bancorp of North Carolina Common Stock shares at $38.16 per share. The transaction is categorized as an open-market or private sale under SEC rules and is reported as a non-derivative transaction on Form 4.

How many PEBK shares does James S. Abernethy own directly after this sale?

After the reported sale, James S. Abernethy directly owns 71,926 shares of Peoples Bancorp of North Carolina Common Stock. This post-transaction balance reflects his remaining direct stake disclosed in the Form 4 filing.

What indirect PEBK shareholdings are associated with James S. Abernethy?

The filing lists 37,000 shares held indirectly through his son and 70,441 shares held indirectly through an entity where he is VP, Secretary and Chairman. These positions are reported as indirect ownership interests on the Form 4.

What is the net share impact of James S. Abernethy’s latest Form 4 for PEBK?

The Form 4 shows a net sale of 600 shares of Peoples Bancorp of North Carolina Common Stock. Transaction summary data indicates one sell transaction totaling 600 shares and no reported share purchases during this reporting event.

What does the transaction code S mean in the PEBK Form 4 filing?

Transaction code “S” indicates a sale of Common Stock in an open-market or private transaction. In this case, it marks Abernethy’s sale of 600 Peoples Bancorp of North Carolina shares at $38.16 per share on February 24, 2026.

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
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 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)
02/24/2026

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	02/24/2026		S		600	D	$38.16	71,926	D
Common Stock								37,000	I	Son
Common Stock								70,441	I	VP, Sec & Chairman of Alexander Railroad Co

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	02/25/2026
	** 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.