Form 4: PEBK CEO William Cable Acquires Shares via Service Award
Insider Transaction Report
PEOPLES BANCORP OF NORTH CAROLINA INC's President and CEO, William D. Cable, acquired 121 shares of common stock as a 30-year service award.
Summary
- William D. Cable, President and CEO of PEOPLES BANCORP OF NORTH CAROLINA INC (PEBK), acquired 121 shares of common stock.
- The transaction occurred on December 22, 2025, at a price of $34.14 per share.
- The acquisition was identified as a 30-Year Service Award.
- Following this transaction, Mr. Cable directly beneficially owns 25,398.4883 shares of common stock.
- Additionally, Mr. Cable indirectly beneficially owns 115.2362 shares through his daughter.
Sentiment
Score: 6
Explanation: The sentiment is slightly positive due to an insider acquisition, even if an award, indicating continued alignment and a long-standing executive's commitment to the company.
Positives
- The acquisition of shares by the President and CEO, even as an award, demonstrates continued alignment of management's interests with shareholders.
- The award signifies a long tenure (30 years) of service by a key executive, indicating stability in leadership.
Future Outlook
This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance.
Industry Context
Insider transactions, such as the acquisition of shares by a CEO, are common in the banking industry and are often viewed by investors as a signal of management's confidence in the company's future prospects, particularly when the shares are acquired through awards or open market purchases.
Related Party Transactions
- William D. Cable indirectly beneficially owns 115.2362 shares of common stock through his daughter.
Stakeholder Impact
- Shareholders may view the CEO's acquisition of additional shares, even as an award, as a positive sign of management's commitment and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 12/22/2025 | Date of transaction where William D. Cable acquired 121 shares of common stock. |
Keywords
PEOPLES BANCORP OF NORTH CAROLINA INC, PEBK, William D. Cable, Insider Transaction, Form 4, Common Stock, Service Award, CEO, Banking
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.