Form 4: Director Keene Increases Stake in New Peoples Bankshares

Harold L. Keene, a director of New Peoples Bankshares, has increased his holdings through recent stock purchases.

Summary

• Harold L. Keene, a director of New Peoples Bankshares Inc. [NWPP], reported changes in beneficial ownership.
• On May 20, 2025, Keene acquired 5,000 shares of common stock at $3.18 per share and another 5,000 shares at $3.1744 per share.
• Following these transactions, Keene directly owns 3,431,208 shares of common stock.
• Keene also indirectly owns 1,119,210 shares through H.L. Keene LLC and 500 shares through the Harold Lynn Keene Trust.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to the director's increased investment in the company, suggesting confidence in its prospects.

Positives

• Director Keene's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company's prospects are optimistic about its future.

Stakeholder Impact

• The increased stake by a director could positively influence shareholder sentiment.

Key Dates

Keywords

beneficial ownership, Form 4, NWPP, New Peoples Bankshares, Harold Keene, director, stock purchase