Why does the UWHR Form 4 mention a weighted average price for the share grant?

The Form 4 explains that the number of shares was calculated by dividing the retainer amount by a weighted average price of Uwharrie’s common stock. This weighted average price, $11.293, reflects stock acquired to fund this specific compensation payment.

Director at Uwharrie (UWHR) receives 132-share stock grant as pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Allen Dawn H reported acquisition or exercise transactions in this Form 4 filing.

Uwharrie Capital Corp director Dawn H. Allen received a grant of 132 shares of common stock, held jointly with her spouse, as part of her Annual Retainer for board service. The shares were valued at a weighted average price of $11.293 per share, bringing her direct holdings to 1,072 shares.

This was a compensation-related share award, not an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Allen Dawn H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock (Held jointly with Spouse)	132	$11.293	$1K

Holdings After Transaction: Common Stock (Held jointly with Spouse) — 1,072 shares (Direct)

Footnotes (1)

This acquisition represents payment for a portion of the reporting person's Annual Retainer for serving in the capacity of Director. The number of shares acquired by the reporting person is based on the amount of the Annual Retainer being paid divided by a weighted average price of the issuer's common stock acquired for this specific payment. Represents a weighted average price of the issuer's common stock acquired for this specific payment.

Key Figures

Shares granted: 132 shares Grant price: $11.293 per share Holdings after grant: 1,072 shares +1 more

4 metrics

Shares granted 132 shares Portion of Annual Retainer paid in stock

Grant price $11.293 per share Weighted average price for this payment

Holdings after grant 1,072 shares Common stock held jointly with spouse after transaction

Transaction code A (Grant, award, or other acquisition) Non-derivative compensation-related acquisition

Key Terms

Annual Retainer, weighted average price, Grant, award, or other acquisition, Common Stock (Held jointly with Spouse)

4 terms

Annual Retainer financial

"This acquisition represents payment for a portion of the reporting person's Annual Retainer for serving in the capacity of Director."

weighted average price financial

"The number of shares acquired ... divided by a weighted average price of the issuer's common stock acquired for this specific payment."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock (Held jointly with Spouse) financial

"security_title: Common Stock (Held jointly with Spouse)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/18/2026 - 04:00 PM Accepted by SEC EDGAR 06/18/2026 - 04:00 PM

FAQ

What insider transaction did UWHR director Dawn H. Allen report?

Dawn H. Allen reported receiving 132 shares of Uwharrie Capital Corp common stock as part of her Annual Retainer for serving as a director. This was a compensation-related grant rather than an open-market purchase or sale.

At what price were the UWHR shares granted to director Dawn H. Allen valued?

The 132 shares granted to Dawn H. Allen were valued at a weighted average price of $11.293 per share. This weighted average reflects the issuer’s common stock acquired specifically to fund this portion of the Annual Retainer payment.

How many UWHR shares does Dawn H. Allen hold after this Form 4 transaction?

Following the compensation grant, Dawn H. Allen directly holds 1,072 shares of Uwharrie Capital Corp common stock. These shares are reported as being held jointly with her spouse, reflecting their combined direct ownership position after the award.

Was Dawn H. Allen’s UWHR Form 4 transaction an open-market purchase?

No, the Form 4 shows a grant coded as an acquisition (A) tied to her Annual Retainer as a director. The footnotes state the shares represent payment of part of the retainer, rather than an open-market stock purchase by the director.

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^*

Allen Dawn H

(Last)

(First)

(Middle)

PO BOX 338

(Street)

ALBEMARLE

NORTH CAROLINA

28002-0338

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock (Held jointly with Spouse)	06/17/2026		A⁽¹⁾		132⁽²⁾	A	$11.293⁽³⁾	1,072	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 a weighted average price of the issuer's common stock acquired for this specific payment.

3. Represents a weighted average price of the issuer's common stock acquired for this specific payment.

	Dawn H. Allen by Tamara M. Singletary, EVP, Uwharrie Capital Corp	06/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR