[Form 4] PEOPLES BANCORP INC Insider Trading Activity

Rhea-AI Filing Summary

Vittorio Michael N, a director of Peoples Bancorp Inc. (PEBO), reported a non-derivative acquisition of 437 shares of PEBO common stock on 09/30/2025 at a reported price of $29.99 per share. The filing states these shares represent board meeting fees and a quarterly retainer paid in stock as part of non-employee director compensation. The report lists total beneficial ownership following the transaction as 10,109.116 shares (direct). The Form 4 was signed by an attorney-in-fact on 10/01/2025.

Positive

• 437 shares acquired were clearly disclosed with price $29.99 on 09/30/2025
• Transaction is explicitly stated as board meeting fees and quarterly retainer paid in stock, showing alignment of director compensation with shareholders
• Beneficial ownership after the transaction is reported as 10,109.116 shares (direct)

Negative

• None.

Insights

Corporate Governance Expert

Director received equity compensation in lieu of cash fees, aligning pay with shareholder outcomes.

The transaction reflects routine non-employee director compensation paid in stock: 437 shares at $29.99 each. Equity-based retainer/meeting fees are common governance practice to align director incentives with long-term shareholder value. The Form 4 discloses direct beneficial ownership of 10,109.116 shares after the grant. There is no indication of unusual timing, related-party issues, or accelerated vesting in the filing text; the disclosure appears procedural and compliant.

Securities Analyst

Small, routine equity grant reported; unlikely to move market or materially affect ownership.

437 shares at $29.99 equals approximately $13,108 of stock-based compensation. For most publicly traded banks, this size of issuance to a director is immaterial to capital structure and does not indicate a change in company strategy or financial condition. The Form 4 provides clear transaction details but no additional context on aggregate director compensation policy or dilution limits.

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

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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^*

VITTORIO MICHAEL N

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		A(1)		437	A	$29.99	10,109.116	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. Represents Board meeting fees and quarterly retainer paid in stock as part of non-employee director compensation.

Remarks:

	/s/ Jason A. Silcott, attorney-in-fact for Mr. Vittorio	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 PEBO director Vittorio Michael N report on Form 4?

He reported acquiring 437 shares of PEPO common stock on 09/30/2025 at $29.99 per share as director compensation.

Why were the 437 shares issued to the director?

The filing states the shares represent board meeting fees and a quarterly retainer paid in stock as non-employee director compensation.

How many shares does Vittorio Michael N beneficially own after the transaction?

The Form 4 reports 10,109.116 shares beneficially owned following the reported transaction.

When was the Form 4 signed for this transaction?

The signature block shows the form was signed by an attorney-in-fact on 10/01/2025.

Was this a derivative transaction or a direct stock acquisition?

This was a non-derivative stock acquisition (direct common stock) reported in Table I of the Form 4.