Form 4: Uwharrie Capital CEO Acquires Shares via Stock Dividend

Christy D. Stoner, President & CEO of Uwharrie Capital Corp, acquired additional common stock through a 3% stock dividend.

Summary

• Christy D. Stoner, an officer and director of Uwharrie Capital Corp, reported changes in beneficial ownership of common stock.
• The acquisition of shares resulted from a three percent (3%) stock dividend paid to shareholders of Uwharrie Capital Corp.
• The transaction date for the acquisition was December 1, 2025, with a record date of November 10, 2025.
• No money was paid by the shareholder for the acquired shares, as they were received as part of the stock dividend.
• Stoner acquired a total of 1,659 shares across various holdings: 383 shares directly, 1,001 shares held by Cede & Co. for her, 151 shares indirectly for her daughter (with Stoner as attorney-in-fact), and 124 shares held by Cede & Co. for her IRA.
• Following these transactions, Stoner beneficially owns a total of 57,065 shares of common stock.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction resulting from a stock dividend, which is generally a positive event for shareholders as it indicates value return. It's not highly impactful on its own but reflects a positive corporate action.

Positives

• The company issued a 3% stock dividend, which generally indicates a healthy financial position and a commitment to returning value to shareholders.
• The CEO's increased beneficial ownership, even through a dividend, aligns her interests further with those of other shareholders.

Future Outlook

The filing does not contain any explicit forward-looking statements or guidance beyond the reporting of a past dividend event.

Industry Context

Stock dividends are a common practice in the financial services industry and other sectors, often used by companies to reward shareholders without depleting cash reserves. For a financial institution like Uwharrie Capital Corp, such a dividend can signal stability and a commitment to shareholder returns.

Related Party Transactions

• Christy D. Stoner indirectly acquired 151 shares for her daughter, for whom she acts as Attorney-in-Fact, as part of the stock dividend. This represents an indirect beneficial ownership.

Stakeholder Impact

• Shareholders: All shareholders of record received a 3% stock dividend, increasing their share count and potentially their long-term value without direct cost.
• Management: The CEO's beneficial ownership increased, further aligning her interests with those of the company's shareholders.

Key Dates

Keywords

Uwharrie Capital Corp, UWHR, Stock Dividend, Insider Trading, Beneficial Ownership, SEC Form 4, Christy D. Stoner, Financial Services