Form 4: Peoples Bancorp Director James Abernethy Sells 1,000 Shares
SEC Form 4
James Abernethy, a director of Peoples Bancorp of North Carolina Inc, sold 1,000 shares of common stock at $29.90 per share on May 20, 2024.
Summary
- On May 20, 2024, James S. Abernethy, a director of Peoples Bancorp of North Carolina Inc (PEBK), sold 1,000 shares of the company's common stock.
- The sale was executed at a price of $29.90 per share.
- Following the transaction, Abernethy directly owns 82,206 shares of common stock.
- Abernethy also indirectly owns 41,290 shares through his son and 70,441 shares as VP, Sec & Chairman of Alexander RR.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider trading. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of transaction: James Abernethy sold 1,000 shares of PEBK common stock. |
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