Uwharrie Capital (UWHR) risk chief awarded 1,834-share stock grant at $10.90

Rhea-AI Filing Summary

Uwharrie Capital Corp Chief Risk Officer R. David Beaver III reported an equity grant of common stock. On this Form 4, he received a grant or award acquisition of 1,834 shares of common stock held jointly with his spouse at a weighted average price of $10.90 per share, bringing this joint holding to 6,981 shares. The shares were granted pursuant to the Uwharrie Capital Corp 2015 Revocable Stock Grant Trust.

The filing also updates his other direct holdings, showing 30,324 shares of common stock in a separate direct account, 3,962 shares in an IRA, and 1,268 shares held jointly with his mother, providing a fuller picture of his overall ownership position.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Beaver R David III

Role Chief Risk Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock (Held jointly with Spouse)	1,834	$10.90	$20K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock (Held jointly with Mother)	--	--	--

Holdings After Transaction: Common Stock (Held jointly with Spouse) — 6,981 shares (Direct); Common Stock — 30,324 shares (Direct); Common Stock (Held jointly with Mother) — 1,268 shares (Direct)

Footnotes (1)

1. Shares granted pursuant to the Uwharrie Capital Corp 2015 Revocable Stock Grant Trust. Represents a weighted average price for the issuer's common stock acquired for this grant. Held by Cede & Co., Depository for Pershing LLC Safekeeper for R. David Beaver, lll & Emily N. Beaver Jt Ten Held by Cede & Co., Depository for IRA FBO R. David Beaver, lll Pershing LLC as Custodian

Form 4 Insider Transactions: What Each Field Means →

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^*

Beaver R David III

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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 (Held jointly with Spouse)	03/02/2026		A(1)		1,834	A	$10.9(2)	6,981	D
Common Stock(3)								30,324	D
Common Stock(4)								3,962	D
Common Stock (Held jointly with Mother)								1,268	D

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 granted pursuant to the Uwharrie Capital Corp 2015 Revocable Stock Grant Trust.

2. Represents a weighted average price for the issuer's common stock acquired for this grant.

3. Held by Cede & Co., Depository for Pershing LLC Safekeeper for R. David Beaver, lll & Emily N. Beaver Jt Ten

4. Held by Cede & Co., Depository for IRA FBO R. David Beaver, lll Pershing LLC as Custodian

	R. David Beaver III by Tamara M. Singletary, EVP, Uwharrie Capital Corp	03/03/2026
	** 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.

FAQ

What insider transaction did UWHR Chief Risk Officer report on this Form 4?

The Chief Risk Officer reported an equity grant of 1,834 Uwharrie Capital Corp common shares, held jointly with his spouse. The shares were granted under the company’s 2015 Revocable Stock Grant Trust at a weighted average price of $10.90 per share.

Was the UWHR insider transaction a market purchase or a grant?

The transaction was a grant or award acquisition, not an open-market purchase. The Form 4 identifies code A, meaning a grant, with 1,834 common shares awarded pursuant to Uwharrie Capital Corp’s 2015 Revocable Stock Grant Trust at a weighted average price of $10.90.

How many UWHR shares does the insider now hold jointly with his spouse?

After the reported grant, the Chief Risk Officer holds 6,981 Uwharrie Capital Corp common shares jointly with his spouse. These shares are held through Cede & Co., as depository for Pershing LLC Safekeeper for R. David Beaver III and Emily N. Beaver as joint tenants.

What other UWHR share holdings did the insider report on this Form 4?

The filing shows 30,324 common shares held directly in a separate account, 3,962 common shares in an IRA, and 1,268 common shares held jointly with his mother. These positions, together with the joint spousal holdings, outline his reported direct ownership structure.

What price was used for the UWHR stock grant reported by the insider?

The grant used a weighted average price of $10.90 per Uwharrie Capital Corp common share. A footnote explains this figure represents a weighted average price for the issuer’s common stock acquired for this grant under the 2015 Revocable Stock Grant Trust.