Form 4: Peoples Bancorp Director James Abernethy Sells 500 Shares

Sentiment:

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 $29.15 on May 12, 2025.

Summary

  • On May 12, 2025, James S. Abernethy, a director of Peoples Bancorp of North Carolina Inc. (PEBK), sold 500 shares of the company's common stock.
  • The sale was executed at a price of $29.15 per share.
  • Following the transaction, Abernethy directly owns 72,776 shares and indirectly owns 39,400 shares through his son.
  • Abernethy also indirectly owns 70,441 shares as VP, Sec, & Chairman of Alexander Railroad.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing (Form 4) detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale of 500 shares by a director is unlikely to have a significant impact on the stock price.

Key Dates

DateDescription
05/12/2025Date of transaction: James Abernethy sold 500 shares of PEBK stock.
05/13/2025Date of signature on the Form 4 filing.

Keywords

Form 4, PEBK, Peoples Bancorp, Director, Insider Trading, Abernethy, Stock Sale

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