{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-22-000439","form_type":"8-K","ticker":"NWPP","cik":"0001163389","company_name":"NEW PEOPLES BANKSHARES INC","filed_at":"2022-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.108434+00:00","generated_at":"2026-06-24T19:02:14.866230+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"New Peoples Bankshares appoints E. Stephen Lilly to board of directors","bullets":["E. Stephen Lilly, a 40-year community banker, appointed as director of the Company and New Peoples Bank, effective June 30, 2022.","He served as EVP and COO of First Community Bancshares for 23 years through 2020; holds board memberships with WV Bankers Assoc and Fed Reserve Payments Advisory Board.","Expected to be nominated to Technology, Audit and Risk, and Compensation committees; initial term extends to 2023 annual meeting.","Compensated per Company’s director compensation policy; no reportable related party transactions since Jan 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-22-000439","json":"https://secwatch.observer/filing/0001903596-22-000439.json","markdown":"https://secwatch.observer/filing/0001903596-22-000439.md","text":"https://secwatch.observer/filing/0001903596-22-000439.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000439/0001903596-22-000439-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000439/sfsnwpp8k070722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T19:02:14.866230+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"483c75cda8","claim":"E. Stephen Lilly was appointed as director at NEW PEOPLES BANKSHARES INC.","evidence_excerpt":"On June 30, 2022, the board of directors of New Peoples Bankshares, Inc. (the “Company”) appointed E. Stephen Lilly as a director of the Company and its wholly-owned subsidiary, New Peoples Bank (the “Bank”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000439/0001903596-22-000439-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}