Peoples Bancorp (PEBK) director logs 1,200-share stock sale
Rhea-AI Filing Summary
PEOPLES BANCORP OF NORTH CAROLINA INC director James S. Abernethy reported selling a total of 1,200 shares of Common Stock. The filing shows two open-market sales: 600 shares at $39.50 per share from his direct holdings and 600 shares at $40.06 per share from an indirect account held by his son.
After these transactions, Abernethy holds 69,826 shares directly, 36,400 shares indirectly through his son, and 70,441 shares indirectly in a capacity described as VP, Secretary and Chairman of Alexander Railroad Co. These sales represent a small portion of the overall reported stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,200 shares
Net Sell
3 txns
Insider
ABERNETHY JAMES S
Role
Director
Sold
1,200 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 600 | $40.06 | $24K |
| Sale | Common Stock | 600 | $39.50 | $24K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,400 shares (Indirect, Son);
Common Stock — 69,826 shares (Direct);
Common Stock — 70,441 shares (Indirect, VP, Sec & Chairman of Alexander Railroad Co.)
Key Figures
Total shares sold: 1,200 shares
Direct sale: 600 shares at $39.50
Indirect sale via son: 600 shares at $40.06
+3 more
6 metrics
Total shares sold
1,200 shares
Aggregate open-market sales of Common Stock
Direct sale
600 shares at $39.50
Open-market sale from direct holdings
Indirect sale via son
600 shares at $40.06
Open-market sale from indirect holdings (Son)
Direct holdings after sale
69,826 shares
Direct Common Stock ownership following transactions
Indirect holdings via son
36,400 shares
Indirect ownership through Son after sale
Indirect holdings via Alexander Railroad Co.
70,441 shares
Indirect ownership as VP, Sec & Chairman
Key Terms
open-market sale, indirect ownership, Common Stock, nature of ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect"; ownership_code: "I""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
nature of ownership financial
"nature_of_ownership: "Son" and corporate officer role"
AI-generated analysis. How Rhea-AI works. Not financial advice.
