BlackRock, Inc. Reduces Stake in Peoples Bancorp of North Carolina Inc.

BlackRock, Inc. has filed a Schedule 13G/A amendment, disclosing a reduction in its stake in Peoples Bancorp of North Carolina Inc. As of September 30, 2025, BlackRock owns 271,301 shares, representing 4.96% of the outstanding common stock. This marks a significant decrease from its previous holdings, with a value change of -$4,472,717,489.24 and a shares change of -3,851,939. The filing indicates that BlackRock's ownership is now below the 5% threshold, and the shares were acquired and are held in the ordinary course of business, not for the purpose of influencing control of the issuer. The amendment was signed by Spencer Fleming, Managing Director of BlackRock, Inc.