Form 4: UWHARRIE CAPITAL: Chief Credit Officer Receives Stock Dividend

Uwharrie Capital Corp's Chief Credit Officer, Cheryl P. Rinehardt, acquired additional shares through a 3% stock dividend.

Summary

• Cheryl P. Rinehardt, Chief Credit Officer of Uwharrie Capital Corp, acquired additional shares of common stock.
• The acquisition was a result of a three percent (3%) stock dividend paid to shareholders on December 1, 2025.
• The record date for the stock dividend was November 10, 2025.
• No money was paid by the shareholder for the acquired shares.
• Rinehardt's direct beneficial ownership (Held by Self TOD Son) increased by 74 shares, totaling 2,570 shares after the transaction.
• Rinehardt's indirect beneficial ownership (Held by Cede & Co., Depository for IRA FBO Cheryl P. Rinehardt Pershing LLC As Custodian) increased by 55 shares, totaling 1,906 shares after the transaction.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates a return to shareholders via a stock dividend and an increase in insider ownership, without any negative implications mentioned.

Positives

• The Chief Credit Officer's beneficial ownership in Uwharrie Capital Corp increased without personal cost due to a stock dividend.
• A 3% stock dividend indicates a return to shareholders and potentially a healthy financial position for the company.

Future Outlook

This filing does not contain forward-looking statements or guidance, as it reports a past transaction.

Management Comments

• The filing was signed by Tamara M. Singletary, EVP, Uwharrie Capital Corp, on behalf of Cheryl P. Rinehardt.

Industry Context

Stock dividends are a common method for companies, particularly in the financial sector, to return value to shareholders while conserving cash. This transaction reflects a routine corporate action and an increase in insider ownership, which can sometimes be viewed positively by the market as it aligns management's interests with shareholders.

Stakeholder Impact

• Shareholders: All shareholders of record as of November 10, 2025, received a 3% stock dividend, increasing their share count and potentially their long-term investment value.
• Management/Insiders: The Chief Credit Officer's ownership stake increased, further aligning her interests with the company's performance.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction resulting from a stock dividend. It does not provide new fundamental information that would significantly alter the investment thesis for Uwharrie Capital Corp, thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

UWHARRIE CAPITAL CORP, UWHR, Form 4, stock dividend, insider transaction, beneficial ownership, Chief Credit Officer