Richard G. Preservati, 10% Owner at NEW PEOPLES BANKSHARES INC (NWPP), bought 2,533,333 shares at $1.50 ($3.8M) on 2014-01-24, disclosed to the SEC on 2014-01-28.
Open-market purchase of $3.8M NWPP by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.