{"url_path":"/sec/nwpp/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1163389/0001903596-26-000215-index.html","accession_number":"0001903596-26-000215","cik":"0001163389","ticker":"NWPP","issuer_name":"NEW PEOPLES BANKSHARES INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1163389/0001903596-26-000215-index.html","primary_entity_key":"0001163389","primary_entity_name":"NEW PEOPLES BANKSHARES INC"},"word_count":222,"has_tables":true,"body_markdown":"Item 2.Unregistered Sales\nof Equity Securities and Use of Proceeds\n\n \n\n(a)Sales\nof Unregistered Securities – None\n\n \n\n(b)Use\nof Proceeds – Not Applicable\n\n \n\n(c)Issuer\nPurchases of Securities\n\n \n\n**Stock\nRepurchase Program**\n\n \n\nThe\nCompany has an approved one-year stock repurchase program that authorizes the repurchase of up to 500,000 of the Company’s common\nshares that was extended through March 31, 2027. Repurchases may be made through open market purchases or in privately negotiated transactions.\nShares repurchased will be returned to the status of authorized and unissued shares of common stock. The actual means and timing of any\npurchases, number of shares and prices or range of prices will be determined by the Company.\n\n \n\nShares\nof the Company’s common stock were repurchased during the three months ended March 31, 2026, as detailed below. Under the terms\nof the stock repurchase program, the Company has the remaining authority to repurchase up to 133,431 shares of common stock.\n\n \n\nPeriod\nBeginning on First Day of Month Ended  \n   \nTotal\nNumber\n\nof Shares\n\nPurchased  \nAverage\nPrice\n\nPaid Per\n\nShare  \nTotal\nNumber\n\nof Shares\n\nPurchased as\n\nPart of\n\nPublicly\n\nAnnounced\n\nPlans or\n\nPrograms  \nMaximum\n\nNumber of\n\nShares That\n\nMay Yet Be\n\nPurchased\n\nUnder Plans\n\nor Programs\n \n\nJanuary 31, 2026  \n   \n 572  \n$3.37  \n 572  \n144,355\n \n\nFebruary 28, 2026  \n   \n 3,910  \n$3.56  \n 3,910  \n140,445\n \n\nMarch\n31, 2026  \n   \n 7,014  \n$3.56  \n 7,014  \n133,431\n \n\n   \nTotal  \n 11,496  \n$3.55  \n 11,496   \n \n\n \n\n 32"}