Billy L. Price Jr. has made a notable acquisition by purchasing 200 shares of Peoples Bancorp of North Carolina Inc., as reported in a recent SEC filing. This transaction, dated October 21, 2026, is significant as it showcases Price's ongoing confidence in the bank's performance and prospects.
Price's recent purchase brings his total holdings in Peoples Bancorp to approximately 15,443 shares. The acquisition was made at a price of $42.285 per share, amounting to a total investment of around $8,457. This move signals a strong belief in the bank's future, especially in the competitive landscape of the state commercial banking sector.
Background
Peoples Bancorp of North Carolina Inc. operates under the SIC classification of State Commercial Banks. The company is based in Newton, North Carolina, and is incorporated in the state. It has been actively filing with the SEC, with its most recent filings including a Form 4 on October 26, 2026, and previous filings throughout the year.
What the Filing Says
The SEC filing, accession number 0001654954-26-009146, indicates that Price acquired 200 shares on October 21, 2026. The filing states, "Transaction Code: P" indicating a purchase of shares. Following this transaction, Price owns a total of 15,443.89 shares in the company.
Impact
This acquisition may affect various stakeholders, including other shareholders and potential investors in Peoples Bancorp. Price's actions could influence perceptions of the bank's stability and growth potential, especially among those monitoring insider transactions.
What's Next
The filing does not say what happens next.