[Form 4] PEOPLES BANCORP INC Insider Trading Activity

Rhea-AI Filing Summary

Reporting person: Michael Ryan Kirkham, EVP/General Counsel of Peoples Bancorp Inc. The Form 4 reports a transaction dated 09/30/2025 in the issuer PEBO. The filing shows shares acquired under an employee stock purchase plan as explained by the reporting person.

The reported transaction lists 11.7693 (units) acquired at a price of $25.49 per share and indicates 11,678.2459 shares beneficially owned following the transaction. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Kirkham on 10/01/2025. No derivative transactions or other disposition codes are reported.

Positive

• Acquisition was disclosed as participation in an employee stock purchase plan, consistent with routine executive compensation practices

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine ESPP acquisition by an executive; transaction size is modest relative to total holdings, indicating routine employee participation.

The filing documents an employee stock purchase plan purchase on 09/30/2025 at $25.49 per share, recording 11.7693 shares acquired and total beneficial ownership of 11,678.2459 shares after the transaction. This type of Form 4 reflects compensation-related equity acquisition rather than open-market trading or discrete corporate actions. The filing contains no information on sales, option exercises, pledges, or derivative positions.

Corporate Governance Expert

TL;DR: Standard disclosure by a named executive officer; the transaction aligns with routine employee benefit participation and required Section 16 reporting.

The form identifies Mr. Kirkham as EVP/General Counsel and shows a participation-based acquisition (ESPP). The explanation explicitly states the shares were acquired via the employee stock purchase plan. The document is properly executed by an attorney-in-fact. There are no governance red flags disclosed such as unusual timing, gifts, or undisclosed beneficial relationships.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kirkham Michael Ryan

(Last) (First) (Middle)

138 PUTNAM STREET

(Street)

MARIETTA OH 45750

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEOPLES BANCORP INC [ PEBO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP/General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		J(1)		11.7693	A	$25.49	11,678.2459	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares acquired as a result of participation in an employee stock purchase plan.

Remarks:

	/s/ Jason A. Silcott, attorney-in-fact for Mr. Kirkham	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Michael Ryan Kirkham report on the Form 4 for PEBO?

The Form 4 reports that Mr. Kirkham acquired 11.7693 shares on 09/30/2025 at $25.49 per share and beneficially owned 11,678.2459 shares following the transaction.

How were the shares acquired according to the Form 4 for PEBO?

The filing's explanation states the shares were acquired as a result of participation in an employee stock purchase plan (ESPP).

What is the reporting person's role at Peoples Bancorp Inc (PEBO)?

The reporting person, Michael Ryan Kirkham, is listed as EVP/General Counsel and an officer of the issuer.

When was the Form 4 signed and filed for the PEBO transaction?

The Form 4 bears a signature by attorney-in-fact on behalf of Mr. Kirkham dated 10/01/2025 and reports the transaction date as 09/30/2025.

Does the Form 4 show any derivative transactions or dispositions for PEBO?

No. The filing's Table II (derivative securities) contains no reported derivative acquisitions or dispositions; only the non-derivative ESPP acquisition is recorded.