[SCHEDULE 13G] PEOPLES BANCORP OF NORTH CAROLINA INC Passive Investment Disclosure (>5%)
BlackRock reports 5.4% stake in Peoples Bancorp
BlackRock, Inc. has reported a passive ownership stake in Peoples Bancorp of North Carolina, Inc. common stock on a Schedule 13G. BlackRock and certain of its business units beneficially own 293,523 shares, representing 5.4% of the outstanding common stock.
BlackRock, Inc. has reported a passive ownership stake in Peoples Bancorp of North Carolina, Inc. common stock on a Schedule 13G. BlackRock and certain of its business units beneficially own 293,523 shares, representing 5.4% of the outstanding common stock. Of these, 289,842 shares carry sole voting power, and all 293,523 shares are subject to sole dispositive power, with no shared voting or dispositive power reported. Various underlying clients have rights to dividends or sale proceeds, but no individual client holds more than five percent of the company’s outstanding common shares.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:293,523 sharesPercent of class:5.4%Sole voting power:289,842 shares+3 more
6 metrics
Beneficial ownership293,523 sharesCommon stock of Peoples Bancorp of North Carolina reported by BlackRock
Percent of class5.4%Portion of Peoples Bancorp of North Carolina common stock class held by BlackRock
Sole voting power289,842 sharesShares for which BlackRock can solely vote or direct the vote
Shared voting power0 sharesNo shares reported with shared voting power
Sole dispositive power293,523 sharesShares for which BlackRock has sole power to dispose or direct disposition
Shared dispositive power0 sharesNo shares reported with shared dispositive power
Key Terms
Schedule 13G, beneficially owned, sole voting power, dispositive power, +1 more
5 terms
Schedule 13Gregulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities beneficially owned"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially ownedfinancial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"Sole Voting Power 289,842.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive powerfinancial
"Sole Dispositive Power 293,523.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding companyregulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Peoples Bancorp of North Carolina (PEBK) does BlackRock own?
BlackRock reports beneficial ownership of 5.4% of Peoples Bancorp of North Carolina’s common stock. This stake corresponds to 293,523 shares held across certain BlackRock business units under a Schedule 13G filing.
How many PEBK shares does BlackRock have voting power over?
BlackRock has sole voting power over 289,842 Peoples Bancorp of North Carolina shares. It reports no shared voting power, indicating all voting authority for these shares resides with the reporting BlackRock units.
How many Peoples Bancorp of North Carolina (PEBK) shares does BlackRock beneficially own?
BlackRock beneficially owns 293,523 shares of Peoples Bancorp of North Carolina common stock. These shares are held by certain BlackRock business units and are reported on a Schedule 13G as a passive ownership position.
Does BlackRock share dispositive power over its PEBK position with others?
BlackRock reports sole dispositive power over 293,523 shares of Peoples Bancorp of North Carolina and no shared dispositive power. This means BlackRock alone can direct how these shares are sold or otherwise disposed of.
Do any BlackRock clients individually own more than 5% of PEBK?
No individual client exceeds the 5% threshold. While various persons have rights to dividends or sale proceeds from PEBK shares managed by BlackRock, no one person’s interest is more than 5% of the outstanding common stock.
Is BlackRock’s filing for PEBK an active or passive ownership report?
The report is filed on Schedule 13G, which is used for passive beneficial ownership positions. It reflects holdings by certain BlackRock business units rather than an activist or control-seeking stake.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PEOPLES BANCORP OF NORTH CAROLINA INC
(Name of Issuer)
Common Stock
(Title of Class of Securities)
710577107
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
710577107
1
Names of Reporting Persons
BlackRock, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
289,842.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
293,523.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
293,523.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.4 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
PEOPLES BANCORP OF NORTH CAROLINA INC
(b)
Address of issuer's principal executive offices:
518 WEST C STREET Newton NC 28658-4007
Item 2.
(a)
Name of person filing:
BlackRock, Inc.
In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)
Address or principal business office or, if none, residence:
BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)
Citizenship:
See Item 4 of Cover Page
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
710577107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
293523
(b)
Percent of class:
5.4 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
289842
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
293523
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of PEOPLES BANCORP OF NORTH CAROLINA INC. No one person's interest in the common stock of PEOPLES BANCORP OF NORTH CAROLINA INC is more than five percent of the total outstanding common shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See Exhibit 99
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.