Form 4: Peoples Bancorp Director James S. Abernethy Sells 500 Shares

Director James S. Abernethy of Peoples Bancorp of North Carolina Inc. sold 500 shares of common stock on December 5, 2024.

Summary

• James S. Abernethy, a director at Peoples Bancorp of North Carolina Inc., sold 500 shares of common stock on December 5, 2024.
• The sale was executed at a price of $31.9 per share.
• Following the transaction, Abernethy directly owns 73,476 shares of common stock.
• He 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: The document is a neutral disclosure of a stock sale by a director, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction, which is common in the financial industry. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale of 500 shares by a director is a relatively small transaction and is not unusual.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small sale by a single director.

Key Dates

Keywords

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