James S. Abernethy has filed a notice to sell 600 shares of Peoples Bancorp of North Carolina, Inc. This transaction is significant as it highlights ongoing insider trading activities within the company and the broader state commercial banking sector.

Background

Peoples Bancorp of North Carolina, Inc. operates in the state commercial banking sector. The company is incorporated in North Carolina and has a fiscal year ending on December 31. The recent filing by Abernethy adds to a series of transactions that have been reported in the past few months.

What the Filing Says

According to the filing dated October 29, 2026, Abernethy is selling the shares for a total market value of approximately $25,958.46. The shares were inherited from Christine Abernethy on November 30, 2020. The filing states, "shares were sold for the account of Adrian A Abernethy, son of James S Abernethy." This indicates a familial connection in the transactions.

Impact

This filing may affect various stakeholders, including current and potential investors in Peoples Bancorp, as well as competitors in the state commercial banking industry. The ongoing sales by Abernethy and other family members could signal changes in insider confidence or liquidity preferences.

What's Next

The filing does not say what happens next.