Peoples Bancorp (PEBO) director amends deferred stock ownership report
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Peoples Bancorp Inc. reported an amended insider transaction for one of its directors. On March 31, 2025, the director acquired 1 deferred compensation unit linked to 1 share of common stock at a reference price of $29.66 through the company’s Deferred Compensation Plan for Directors.
Following this transaction, the director beneficially owned 22,264 derivative securities, all held indirectly in the Deferred Compensation Plan. The Form 4/A specifically states it is being filed to correct a prior error in the reported number of securities beneficially owned after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dierker David F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation | 1 | $29.66 | $29.66 |
Holdings After Transaction:
Deferred Compensation — 22,264 shares (Indirect, Deferred Compensation Plan)
Footnotes (1)
- Price, allocation to Insider's account, and shares payable pursuant to the terms and conditions of the Peoples Bancorp Inc. Deferred Compensation Plan for Directors of Peoples Bancorp Inc. and Subsidiaries. Represents Board meeting fees and quarterly retainer paid in stock as part of non-employee director compensation. This amendment is being filed to address an error in the number of securities beneficially owned following the reported transaction.
FAQ
What insider transaction did Peoples Bancorp Inc (PEBO) report in this Form 4/A?
Peoples Bancorp Inc reported an amended Form 4 for a director who acquired 1 deferred compensation unit tied to 1 share of common stock at a reference price of $29.66, credited under the company’s Deferred Compensation Plan for Directors.
Why did the Peoples Bancorp Inc (PEBO) director receive deferred compensation units?
The director received deferred compensation units as part of non-employee director compensation. The filing explains they represent board meeting fees and a quarterly retainer paid in stock, allocated under the Peoples Bancorp Inc Deferred Compensation Plan for Directors and Subsidiaries.
How many derivative securities does the Peoples Bancorp Inc (PEBO) director now beneficially own?
After the reported transaction, the director beneficially owns 22,264 derivative securities. All of these are held indirectly through the Peoples Bancorp Inc Deferred Compensation Plan for Directors, reflecting accumulated board fees and retainers credited in stock-equivalent units over time.
What correction does this amended Form 4/A for Peoples Bancorp Inc (PEBO) make?
The amended Form 4/A corrects an earlier error in the number of securities beneficially owned after the reported transaction. The company states the purpose is to update the post-transaction holdings figure for the director’s deferred compensation units under the plan.
How is the derivative security structured in the Peoples Bancorp Inc (PEBO) Form 4/A?
The derivative security is described as deferred compensation. Each unit in this case corresponds to 1 share of Peoples Bancorp common stock, with the reported allocation reflecting a price of $29.66, consistent with the terms of the directors’ Deferred Compensation Plan.
Is the Peoples Bancorp Inc (PEBO) director’s ownership direct or indirect in this filing?
The filing shows the director’s 22,264 derivative securities as indirectly owned. The units are held within the Peoples Bancorp Inc Deferred Compensation Plan for Directors, meaning the beneficial interest arises through participation in that plan rather than through direct share ownership.