Form 4: Peoples Bancorp Director James Abernethy Sells 500 Shares
SEC Form 4 Filing
Director James Abernethy of Peoples Bancorp of North Carolina Inc. (PEBK) sold 500 shares of common stock at a price of $28.12 on March 28, 2025.
Summary
- On March 28, 2025, James S. Abernethy, a director of Peoples Bancorp of North Carolina Inc. (PEBK), sold 500 shares of common stock.
- The transaction was executed at a price of $28.12 per share.
- Following the transaction, Abernethy directly owns 72,776 shares of common stock.
- Abernethy also indirectly owns 39,900 shares through his son and 70,441 shares as VP, Sec, and Chairman of Alexander Railroad.
Sentiment
Score: 5
Explanation: This is a neutral event. A single sale of 500 shares by a director is unlikely to significantly impact the company's prospects.
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. The market typically looks at the ratio of buys to sells to determine sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction: James Abernethy sold 500 shares of PEBK stock. |
Keywords
Form 4, Insider Trading, Stock Sale, PEBK, Peoples Bancorp, Abernethy, Director
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