Form 4: Uwharrie Capital Director Acquires Common Stock

Uwharrie Capital Corp Director S. Todd Swaringen acquired common stock as part of his annual retainer and for his daughter.

Summary

• S. Todd Swaringen, a Director of UWHARRIE CAPITAL CORP, reported transactions involving the company's common stock.
• On December 15, 2025, Swaringen directly acquired 142 shares of common stock at a price of $10.5 per share.
• This direct acquisition represents payment for a portion of his Annual Retainer for serving as a Director.
• Additionally, on the same date, Swaringen indirectly acquired 80 shares of common stock as custodian for his daughter at $10.5 per share, and another 80 shares as custodian for his daughter at $10.5 per share.
• Following these transactions, Swaringen directly beneficially owns 2,548 shares of common stock.
• He indirectly beneficially owns 160 shares as custodian for his daughter (80 shares from each reported transaction) and 2,252 shares held by Cede & Co., Depository for Pershing LLC Safekeeper.

Sentiment

Score: 6

Explanation: The filing reports an insider acquisition of common stock, which can be viewed as a positive signal of confidence in the company by a director. The acquisition is partly for compensation and partly for family, indicating a long-term perspective.

Positives

• A Director acquiring shares, especially as part of compensation, can signal confidence in the company's future prospects.
• The acquisition of shares for his daughter suggests a long-term view and belief in the company's value.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• This acquisition represents payment for a portion of the reporting person's Annual Retainer for serving in the capacity of Director.
• The number of shares acquired by the reporting person is based on the amount of the Annual Retainer being paid divided by the trading price of the issuer's common stock acquired for this specific payment.

Industry Context

This insider transaction report does not provide information to analyze broader industry trends or competitors.

Related Party Transactions

• S. Todd Swaringen, a Director of UWHARRIE CAPITAL CORP, acquired 142 shares of common stock from the company as payment for a portion of his Annual Retainer, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the director's acquisition of shares as a positive sign of management's confidence in the company's future.

Key Dates

Keywords

UWHARRIE CAPITAL CORP, UWHR, S. Todd Swaringen, Director, Insider Transaction, Common Stock, Stock Acquisition, Annual Retainer, Beneficial Ownership