Uwharrie Capital (UWHR) director acquires 142 shares as fee payment

Rhea-AI Filing Summary

Uwharrie Capital Corp director Vernon A. Russell reported acquiring additional common stock as part of his board compensation. On 12/15/2025, he received 142 shares of common stock at $10.5 per share, recorded as an acquisition and described as payment for a portion of his Annual Retainer for serving as a director.

After this transaction, Russell beneficially owned 2,857 shares of Uwharrie common stock held directly. He also reported 6,422 shares held by Cede & Co. as depository for an IRA for his benefit, 2,015 shares in an IRA for his spouse Edith Bridges Russell, and 442 shares held by Pershing LLC as safekeeper for his spouse under a transfer-on-death designation.

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

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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^*

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)
12/15/2025

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)	12/15/2025		A(1)		142	A	$10.5(2)	2,857	D
Common Stock(3)								6,422	D
Common Stock(4)								2,015	I	By IRA FBO Edith Bridges Russell (Spouse of Reporting Person) Pershing LLC As Custodian
Common Stock(5)								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. This acquisition represents payment for a portion of the reporting person's Annual Retainer for serving in the capacity of Director.

2. The number of shares acquired by the reporting person is based on the amount of the Annual Retainer being paid divided by the trading price of the issuer's common stock acquired for this specific payment.

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

	Vernon A. Russell by Tamara M. Singletary, EVP, Uwharrie Capital Corp	12/16/2025
	** 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 transaction did UWHR disclose for director Vernon A. Russell?

Uwharrie Capital Corp reported that director Vernon A. Russell acquired 142 shares of its common stock on 12/15/2025 as an acquisition transaction.

At what price were the new UWHR shares acquired by the director?

The 142 shares of Uwharrie Capital common stock were acquired at a price of $10.5 per share.

Why did Vernon A. Russell receive these Uwharrie Capital (UWHR) shares?

The filing states this acquisition represents payment for a portion of the reporting person's Annual Retainer for serving in the capacity of director.

How many Uwharrie Capital shares does the director own directly after the transaction?

Following the reported transaction, Vernon A. Russell beneficially owned 2,857 shares of Uwharrie Capital common stock held directly.

What additional UWHR shares are held in IRA or custodial accounts for the director and spouse?

The report lists 6,422 shares held by Cede & Co. as depository for an IRA for Vernon A. Russell, 2,015 shares in an IRA for his spouse Edith Bridges Russell, and 442 shares held by Pershing LLC as safekeeper for his spouse under a TOD designation.

What is the reporting person's relationship to Uwharrie Capital Corp (UWHR)?

The reporting person, Vernon A. Russell, is identified as a Director of Uwharrie Capital Corp.