Form 4: Peoples Bancorp Director James Abernethy Sells 1,000 Shares
SEC Form 4 Filing
James Abernethy, a director of Peoples Bancorp of North Carolina Inc, sold 1,000 shares of common stock at a price of $29.02 on August 30, 2024.
Summary
- On August 30, 2024, James Abernethy, a director of Peoples Bancorp of North Carolina Inc, sold 1,000 shares of the company's common stock.
- The transaction was executed at a price of $29.02 per share.
- Following the transaction, Abernethy directly owns 79,476 shares and indirectly owns 40,900 shares through his son, and 70,441 shares as VP, Sec, & Chairman of Alexander Railroad.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a stock transaction by a company director, indicating a neutral sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider, which is common in the financial industry.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: James Abernethy sold 1,000 shares of Peoples Bancorp stock. |
| 09/03/2024 | Date of signature on the Form 4 filing. |
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