Form 4: New Peoples Bankshares Director and 10% Owner Harold L. Keene Increases Stake

Harold L. Keene, a Director and 10% owner of New Peoples Bankshares Inc. (NWPP), acquired an additional 100 shares of common stock at $3.05 per share.

Summary

• Harold L. Keene, who serves as both a Director and a 10% owner of New Peoples Bankshares Inc. (NWPP), reported an acquisition of company shares.
• On June 12, 2025, Mr. Keene purchased 100 shares of New Peoples Bankshares Inc. common stock.
• The transaction was executed at a price of $3.05 per share.
• Following this purchase, Mr. Keene's direct beneficial ownership stands at 3,431,208 shares of common stock.
• Additionally, Mr. Keene indirectly beneficially owns 1,123,610 shares through H.L. Keene LLC and 500 shares through the Harold Lynn Keene Trust.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive due to an insider purchase, indicating confidence from a key stakeholder. However, the small transaction size limits the overall positive impact on sentiment.

Positives

• An insider, specifically a Director and 10% owner, purchased shares, which can signal confidence in the company's future prospects from a key stakeholder.

Negatives

• The number of shares purchased (100) is relatively small compared to the existing beneficial ownership, which may limit the perceived strength of the insider signal.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may interpret the insider purchase as a sign of confidence from a significant stakeholder, potentially fostering positive investor sentiment.

Key Dates

Recommendation

Keywords

New Peoples Bankshares Inc., NWPP, SEC Form 4, Insider Trading, Stock Purchase, Harold L. Keene, Director, 10% Owner, Common Stock, Financial Services, Banking