Form 4: New Peoples Bankshares Director Trades Common Stock

Harold L. Keene, a Director and 10% Owner of New Peoples Bankshares Inc., reported transactions involving common stock on June 12, 2026.

Summary

• Harold L. Keene, a Director and 10% Owner of New Peoples Bankshares Inc. (NWPP), reported several transactions on June 12, 2026.
• He disposed of 1,500 shares of common stock at a price of $4.30 per share.
• He acquired 5,000 shares of common stock at a price of $4.40 per share.
• Following these transactions, Mr. Keene beneficially owns 3,429,708 shares directly and 1,128,710 shares indirectly through H.L. Keene LLC and Harold Lynn Keene Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports both the disposal and acquisition of shares by a key insider, with the acquisition being larger in volume.

Positives

• Acquisition of 5,000 shares of common stock by a key insider (Director and 10% Owner).
• The insider maintains a significant direct beneficial ownership of 3,429,708 shares.

Negatives

• Disposal of 1,500 shares of common stock by a key insider.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and provide transparency into the buying and selling activities of company executives and major shareholders. These transactions can sometimes signal management's confidence or concerns about the company's future prospects.

Stakeholder Impact

• Shareholders: The transactions may provide insights into the insider's view of the company's valuation, though the net change in ownership is relatively small in the context of total holdings.

Key Dates

Keywords

New Peoples Bankshares, NWPP, Form 4, Insider Trading, Beneficial Ownership, Common Stock, Director, 10% Owner