What changed in this filing

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Item 5. Market for Registrant’s Common Equity

2026-03-31 compared with 2025-03-31 · 40 added, 38 removed, 8 unchanged (91% of the section changed)

for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of

Equity Securities

Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Information

Computershare Investor Services is the stock transfer

agent for New Peoples Bankshares, Inc.

The common stock of New Peoples is quoted on the OTC Market’s Pink Open Market under the

symbol “NWPP”.

The common stock

of New Peoples is quoted on the OTC Market’s Pink Open Market under the symbol “NWPP.” Computershare Investor Services

is the stock transfer agent for New Peoples Bankshares, Inc.

The volume of trading of shares of common stock is very limited.

Trades in our common stock occur sporadically

on a local basis and typically in small volumes.

Over-the-Counter market quotations reflect inter-dealer prices without retail mark up,

mark down or commissions and may not necessarily represent actual transactions.

The most recent sales price of which management is

aware was $3.05 per share on March 13, 2025.

On March 24, 2025, there were approximately 3,813 shareholders

in our common stock occur sporadically on a local basis and typically in small volumes.

Over-the-Counter market quotations reflect inter-dealer

prices without retail mark up, mark down or commissions and may not necessarily represent actual transactions.

The most recent sales

price of which management is aware was $3.56 per share on March 19, 2026.

On March 19, 2026,

there were approximately 3,695 shareholders of record.

Any declaration of dividends in the future will depend

on our earnings, capital requirements, growth strategies, and compliance with regulatory mandates, principally at the Bank level, since

the Company’s primary source of income is dividends paid by the Bank.

The Company paid a dividend of $0.07 per share in 2024.

February 24, 2025, the Company declared a dividend of $0.08 per share, payable March 31, 2025.

We are subject to certain dividend restrictions and

capital requirements imposed by the Federal Reserve Bank as well as Virginia statutes and regulations.

See Note 16, Dividend Limitations

on Subsidiary Bank, and Note 22, Capital, to the consolidated financial statements contained in Item 8 of this Form 10-K.

The Company extended the stock repurchase program initiated

in 2022 that authorizes the repurchase of up to 500,000 of the Company’s common shares through March 31, 2025.

Repurchases may be

made through open market purchases or in privately negotiated transactions.

Shares repurchased will be returned to the status of authorized

and unissued shares of common stock.

The actual means and timing of any purchases, number of shares and prices or range of prices will

be determined by the Company.

Shares of the Company’s common stock were repurchased

during the three months ended December 31, 2024, as detailed below.

Under the terms of the stock repurchase program, the Company has the

remaining authority to repurchase up to 214,638 shares of common stock.

February 24, 2025, the Board of Directors approved an extension of the repurchase program through March 31, 2026.

The following table provides information regarding

repurchases of common stock for the three months ended December 31, 2024.

Any declaration of

dividends in the future will depend on our earnings, capital requirements, growth strategies, and compliance with regulatory mandates,

principally at the Bank level, since New Peoples’s primary source of income is dividends paid by the Bank.

New Peoples paid a dividend

of $0.08 per share in 2025.

On February 23, 2026, New Peoples declared a dividend of $0.09 per share, payable March 31, 2026.

We are subject to

certain dividend restrictions and capital requirements imposed by the Federal Reserve Bank as well as Virginia statutes and regulations.

See Note 17, Dividend Limitations, and Note 23, Capital, to the consolidated financial statements contained in Item 8 of this Form 10-K.

New Peoples initiated

a stock repurchase program in 2022 that authorizes the repurchase of up to 500,000 of New Peoples’s common shares.

may be made through open market purchases or in privately negotiated transactions.

Shares repurchased will be returned to the status

of authorized and unissued shares of common stock.

The actual means and timing of any purchases, number of shares and prices or range

of prices will be determined by New Peoples.

Shares of New Peoples’s

common stock were repurchased during the three months ended December 31, 2025, as detailed below.

Under the terms of the stock repurchase

program, New Peoples has the remaining authority to repurchase up to 144,927 shares of common stock.

On March 16, 2026, the Board of

Directors approved an extension of the repurchase program through March 31, 2027.

The following table provides information

regarding repurchases of common stock for the three months ended December 31, 2025.

Beginning on First Day of Month Ended

2 unchanged sentences

Number of Shares Purchased as Part of Publicly Announced Plans or Programs

Number of Shares That May Yet Be Purchased Under Plans or Programs

Number of Shares That May Yet Be Purchased Under the Plans or Programs

October 31, 2025

November 30, 2025

December 31, 2025

as of December 31, 2025

Not applicable.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 5. Market for Registrant’s Common Equity