Uwharrie Capital Corp (UWHR) director reports 3% stock dividend and share transfers

Rhea-AI Filing Summary

Uwharrie Capital Corp director Vernon A. Russell reported changes in his ownership of Uwharrie Capital Corp common stock following a 3% stock dividend paid on 12/01/2025 to shareholders of record as of 11/10/2025. The filing shows multiple small share acquisitions in accounts held directly and through IRA and safekeeper accounts for his spouse, all at a stated price of $0.00 because they resulted from the stock dividend.

The report also records transfers of 100 shares from an IRA to a brokerage safekeeper account for his spouse, again at $0.00, with the explanation that no money was received and the activity was purely an account transfer. Overall, the transactions update how many shares are held in each account and confirm that the changes arise from the stock dividend and internal transfers rather than open-market buying or selling.

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^*

Russell Vernon A

(Last) (First) (Middle)

PO BOX 338

(Street)

ALBEMARLE NC 28002-0338

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UWHARRIE CAPITAL CORP [ UWHR ]

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)
12/01/2025

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 (Held by Self)	12/01/2025		J(1)	V	79	A	$0.00(2)	2,715	D
Common Stock(3)	12/01/2025		J(1)	V	187	A	$0.00(2)	6,422	D
Common Stock(4)	12/01/2025		J(1)	V	61	A	$0.00(2)	2,115	I	By IRA FBO Edith Bridges Russell (Spouse of Reporting Person) Pershing LLC As Custodian
Common Stock(4)	12/01/2025		J(5)		100	D	$0.00(6)	2,015	I	By IRA FBO Edith Bridges Russell (Spouse of Reporting Person) Pershing LLC As Custodian
Common Stock(7)	12/01/2025		J(1)	V	9	A	$0.00(2)	342	I	By Pershing LLC Safekeeper for Edith B. Russell (Spouse of Reporting Person) TOD Dtd 03/14/2023
Common Stock(7)	12/01/2025		J(5)		100	A	$0.00(8)	442	I	By Pershing LLC Safekeeper for Edith B. Russell (Spouse of Reporting Person) TOD Dtd 03/14/2023

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:

1. Shares acquired as a result of a three (3%) stock dividend paid to shareholders of Uwharrie Capital Corp on 12-01-2025 as of Record Date 11-10-2025. No fractional shares were issued. Shareholders were paid cash in lieu of fractional shares.

2. No money was paid by the shareholder(s) for the acquired shares. The shares were acquired as a result of a three (3%) stock dividend paid to shareholders of Uwharrie Capital Corp on 12-01-2025 as of Record Date 11-10-2025.

3. Held by Cede & Co., Depository for IRA FBO Vernon A. Russell Pershing LLC As Custodian

4. Held by Cede & Co., Depository for IRA FBO Edith Bridges Russell Pershing LLC As Custodian

5. Transfer of shares from a brokerage IRA to a brokerage Safekeeper Account.

6. No money was received by the shareholder for the Disposed shares. The shares were disposed of as a result of a transfer of shares from a brokerage IRA to a brokerage Safekeeper Account.

7. Held by Cede & Co., Depository for Pershing LLC Safekeeper for Edith B. Russell TOD DTD 03/14/2023

8. No money was paid by the shareholder for the Aquired shares. The shares were acquired as a result of a transfer of shares from a brokerage IRA to a brokerage Safekepper Account.

	Vernon A. Russell by Tamara M. Singletary, EVP, Uwharrie Capital Corp	12/02/2025
	** 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 activity did Uwharrie Capital Corp (UWHR) report in this Form 4?

The filing shows that director Vernon A. Russell and related accounts received additional Uwharrie Capital Corp common shares from a 3% stock dividend paid on 12/01/2025, and also records internal transfers of shares between an IRA and a safekeeper brokerage account for his spouse.

What is the 3% stock dividend mentioned for Uwharrie Capital Corp (UWHR)?

The company paid a three (3%) stock dividend to shareholders of Uwharrie Capital Corp on 12/01/2025 for shareholders of record on 11/10/2025. No fractional shares were issued, and shareholders received cash in lieu of fractional shares.

Did Vernon A. Russell or his spouse pay cash for the newly acquired UWHR shares?

No. The explanation states that no money was paid for the acquired shares; they were received as part of the 3% stock dividend or from account-to-account transfers between an IRA and a safekeeper brokerage account.

Were any Uwharrie Capital Corp (UWHR) shares sold for cash in this insider filing?

The filing notes dispositions and acquisitions at a reported price of $0.00, explaining that these reflect transfers between a brokerage IRA and a safekeeper account or stock-dividend-related adjustments, with no cash received for the disposed shares.

How are Vernon A. Russell’s UWHR holdings structured after these transactions?

After the reported transactions, Uwharrie Capital Corp common stock is shown as held both directly by Vernon A. Russell and indirectly through IRA and safekeeper accounts for his spouse, including accounts held by Cede & Co. as depository and Pershing LLC as custodian or safekeeper.

What do the zero-dollar prices in the Uwharrie Capital Corp (UWHR) Form 4 mean?

The prices are listed as $0.00 because the changes in share amounts came from a 3% stock dividend and internal transfers between accounts. The explanations clarify that no money was paid for the acquired shares and no money was received for the disposed shares.