---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-25-000093"
form_type: "8-K"
ticker: "NWPP"
cik: "0001163389"
company_name: "NEW PEOPLES BANKSHARES INC"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:25:33.446685+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# New Peoples Bankshares declares $0.08 dividend; director Asbury to step down

## Summary
- Director C. Todd Asbury will not stand for reelection, effective May 20, 2025 annual meeting; departure not related to any disagreement.
- Board declared cash dividend of $0.08 per common share, payable March 31, 2025 to holders of record March 17, 2025.
- Dividend amount appears consistent with prior quarterly rate; no guidance change disclosed.

## SEC filing metadata
- accession: 0001903596-25-000093
- form_type: 8-K
- ticker: NWPP
- cik: 0001163389
- company_name: NEW PEOPLES BANKSHARES INC
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163389/000190359625000093/0001903596-25-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163389/000190359625000093/nwpp_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-25-000093
- JSON: https://secwatch.observer/filing/0001903596-25-000093.json
- Plain text: https://secwatch.observer/filing/0001903596-25-000093.txt

## Key facts
- Executive change
  C. Todd Asbury departed as director at NEW PEOPLES BANKSHARES INC.
  - Action: will not stand for reelection and will step down
  - Role: director
  source text: director C. Todd Asbury will not stand for reelection and will step down from the board of directors effective with the Annual Meeting of Shareholders scheduled for May 20, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163389/000190359625000093/0001903596-25-000093-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.