The selling is small and by directors only, not executives. No immediate bearish read-through. Monitor next 10-Q for loan quality trends and net interest margin trajectory, which are the key drivers for this small regional bank.
Price Chart
Executive Summary
Three Abernethy family directors sold a total of $304K in PEBK shares over a week, representing ~0.13% of market cap. The selling is modest in size and by non-executive directors, occurring shortly after the company reported flat Q2 earnings. The cluster does not signal material insider concern given the small dollar amount and lack of C-suite participation.
Key Financial Metrics
Key Facts
- Three Abernethy family directors sold shares: Robert C. Abernethy (5,000 shares, $211K), James S. Abernethy (1,000 shares, $43K), and Robert C. Abernethy Jr. (1,200 shares, $50K).
- Total sales of $304K represent ~0.13% of PEBK's $237M market cap.
- All sales were open-market transactions; no C-suite officers participated.
- The cluster follows a neutral Q2 2026 earnings report (net earnings flat at $5.2M, $0.98 EPS).
Financial Impact
Total insider sales of $304K, or 0.13% of market cap — modest and not material.
Risk Factors
- Insider selling could accelerate if earnings deteriorate further, but current levels are routine.
- The Abernethy family's concentrated selling may indicate personal portfolio rebalancing rather than a negative view on the bank.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PEBK-1785416498531 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | 8-K | $43.89 $43.57 | ▼ −0.72% | ▼ −0.57% | $43.73 (−0.35%) |
Sep 2, 2026 7w ago | Insider Cluster | $43.88 $43.86 | ▼ −0.05% | ▲ +0.91% | $43.73 (−0.34%) |
Sep 1, 2026 8w ago | Insider Cluster | $43.67 $43.86 | ▲ +0.44% | ▲ +1.39% | $43.73 (+0.14%) |
Aug 7, 2026 11w ago | Insider Cluster | $42.88 $44.60 | ▲ +4.01% | ▲ +4.06% | $43.73 (+1.98%) |
Aug 6, 2026 11w ago | Insider Cluster | $43.05 $44.84 | ▲ +4.16% | ▲ +3.76% | $43.73 (+1.58%) |
Jul 31, 2026 12w ago | Insider Cluster | $43.00 $43.05 | ▲ +0.12% | ▼ −3.40% | $43.73 (+1.70%) |
Jul 30, 2026 12w ago | Insider Cluster | $43.00 $43.04 | ▲ +0.09% | ▼ −3.53% | $43.73 (+1.70%) |
Jul 24, 2026 13w ago | Insider Cluster | $43.02 $43.00 | ▲ +0.05% | ▲ +0.42% | $43.73 (−1.65%) |
Jul 21, 2026 14w ago | 8-K | $42.67 $42.95 | ▲ +0.66% | ▲ +1.88% | $43.73 (+2.48%) |
Jul 20, 2026 14w ago | 8-K | $42.74 $43.02 | ▲ +0.66% | ▲ +1.08% | $43.73 (+2.32%) |
US Market Status
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