Uwharrie Capital (UWHR) president receives 917-share stock grant

Rhea-AI Filing Summary

Uwharrie Capital Corp reported that executive Jeffrey L. Trout, President UB Mortgage, acquired 917 shares of common stock as a grant or award. The shares were granted on March 2, 2026 at a weighted average price of $10.90 per share. Following this transaction, his direct holdings increased to 16,122 common shares. The grant was made pursuant to the Uwharrie Capital Corp 2015 Revocable Stock Grant Trust.

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

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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^*

Trout Jeffrey L

(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)
	President UB Mortgage

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 by Self TOD Spouse)	03/02/2026		A(1)		917	A	$10.9(2)	16,122	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.

	Jeffrey L. Trout 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 executive Jeffrey L. Trout report?

Jeffrey L. Trout reported receiving a grant of 917 Uwharrie Capital Corp common shares. The award was classified as a grant or other acquisition, increasing his direct holdings to 16,122 shares under the company’s 2015 Revocable Stock Grant Trust.

At what price were the UWHR shares granted to Jeffrey L. Trout?

The 917 Uwharrie Capital Corp common shares granted to Jeffrey L. Trout carried a weighted average price of $10.90 per share. A footnote explains this price represents the weighted average for stock acquired for this particular grant transaction.

How many UWHR shares does Jeffrey L. Trout own after this Form 4 transaction?

After the reported grant, Jeffrey L. Trout directly holds 16,122 shares of Uwharrie Capital Corp common stock. The Form 4 indicates these shares are held as “Common Stock (Held by Self TOD Spouse)” and reflect his position following the award.

What is the role of the 2015 Revocable Stock Grant Trust in this UWHR filing?

The shares granted to Jeffrey L. Trout were issued pursuant to the Uwharrie Capital Corp 2015 Revocable Stock Grant Trust. This trust is used to deliver stock grants, and the Form 4 notes the award of 917 common shares under its terms.

Is Jeffrey L. Trout considered an officer of Uwharrie Capital Corp in this Form 4?

Yes. The Form 4 identifies Jeffrey L. Trout as an officer of Uwharrie Capital Corp with the title “President UB Mortgage.” His reported transaction involves company common stock received as a grant or other acquisition rather than an open-market purchase.