Form 4: Director of Peoples Bancorp of North Carolina Sells Shares
SEC Form 4 Filing
Kim Boyd-Leaks, a director of Peoples Bancorp of North Carolina, sold 8,686 shares of common stock at a price of $28.906 per share on August 7, 2024.
Summary
- On August 7, 2024, Kim Boyd-Leaks, a director of Peoples Bancorp of North Carolina INC [PEBK], sold 8,686 shares of the company's common stock.
- The transaction was executed at a price of $28.906 per share.
- Following the transaction, Kim Boyd-Leaks directly owns 1,022.269 shares of Peoples Bancorp of North Carolina.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider selling as slightly negative.
Industry Context
This is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders regarding the company's prospects.
Stakeholder Impact
- Shareholders may react to the news of a director selling shares, although the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date of transaction: Kim Boyd-Leaks sold shares of PEBK common stock. |
| 08/09/2024 | Date of signature on the Form 4 filing. |
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