Peoples Bancorp NC (PEBK) director sells 1,200 shares, holds 59,716
Rhea-AI Filing Summary
Peoples Bancorp of North Carolina director Robert C. Abernethy Jr reported selling 1,200 shares of Common Stock on 2026-07-23 at $41.75 per share in a sale described as an open market or private transaction. Following the sale, he directly holds 59,716 shares.
He also reports indirect holdings as custodian for family members: 1,038.333 shares for his son and 496.934 shares for each of two daughters. The filing indicates the sale was not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,200 shares
Net Sell
4 txns
Insider
Abernethy Robert C. JR
Role
Director
Sold
1,200 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,200 | $41.75 | $50K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,716 shares (Direct);
Common Stock — 1,038.333 shares (Indirect, Custodian of Son);
Common Stock — 496.934 shares (Indirect, Custodian of Daughter #1);
Common Stock — 496.934 shares (Indirect, Custodian of Daughter #2)
Key Figures
Shares sold: 1200.0000 shares
Sale price: 41.7500 per share
Direct holdings after sale: 59716.0000 shares
+3 more
6 metrics
Shares sold
1200.0000 shares
Common Stock sold by director on 2026-07-23
Sale price
41.7500 per share
Price per share for 1,200-share Common Stock sale
Direct holdings after sale
59716.0000 shares
Direct Common Stock owned by Abernethy following transaction
Indirect holdings – son
1038.3330 shares
Indirect Common Stock as custodian for son
Indirect holdings – daughter #1
496.9340 shares
Indirect Common Stock as custodian for daughter #1
Indirect holdings – daughter #2
496.9340 shares
Indirect Common Stock as custodian for daughter #2
Key Terms
Common Stock, indirect ownership, custodian, open market or private transaction
4 terms
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.
indirect ownership financial
"ownership_type": "indirect", "ownership_code": "I""
custodian financial
"nature_of_ownership": "Custodian of Son""
A custodian is a financial institution that holds and safeguards an investor's assets—such as stocks, bonds, or cash—and records transactions on the investor's behalf. Think of it as a trusted caretaker or safe-deposit box for investments; it helps prevent loss or theft, handles paperwork and transfers, and provides transparency and regulatory checks, so investors can focus on decisions rather than the mechanics or security of asset storage.
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PEBK director Robert C. Abernethy Jr report?
Director Robert C. Abernethy Jr reported selling 1,200 shares of Peoples Bancorp of North Carolina Common Stock on 2026-07-23 at $41.75 per share. After this transaction, he continues to hold a substantial direct and additional indirect position in PEBK shares.
What indirect PEBK holdings does Abernethy report as custodian?
Abernethy reports indirect PEBK holdings as custodian: 1,038.333 shares for his son, and 496.934 shares for each of two daughters. These positions are coded as indirect ownership on the Form 4, separate from his directly owned 59,716 shares.
Was the PEBK insider sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates that the sale was not made pursuant to a Rule 10b5-1 trading plan, as the related checkbox is not affirmed. This suggests the transaction was not executed under a pre-arranged automatic trading arrangement for Abernethy’s PEBK holdings.