Form 4: New Peoples Bankshares Director Long Acquires 400 Shares
SEC Form 4
Director Barton Scot Long of New Peoples Bankshares Inc. (NWPP) purchased 400 shares of common stock at $2.67 per share on August 26, 2024.
Summary
- On August 26, 2024, Barton Scot Long, a director of New Peoples Bankshares Inc. (NWPP), acquired 400 shares of common stock.
- The purchase price was $2.67 per share.
- Following the transaction, Long directly owns 117,392 shares of New Peoples Bankshares Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a vote of confidence, but the quantity is relatively small.
Positives
- The director's purchase could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of transaction: Barton Scot Long acquired 400 shares of common stock. |
| 08/27/2024 | Date of signature: John J. Boczar, Attorney-in-Fact, signed the form on behalf of Barton Scot Long. |
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