[Form 4] PEOPLES BANCORP INC Insider Trading Activity

Rhea-AI Filing Summary

PEOPLES BANCORP INC (PEBO) Chief Risk Officer Matthew Joseph Macia reported a routine insider purchase on 09/30/2025. Mr. Macia acquired 58.8466 shares of the issuer's common stock at $25.49 per share through the company's employee stock purchase plan.

After this transaction the filing reports Mr. Macia's beneficial ownership as 6,662.3294 shares. The Form 4 was signed by attorney-in-fact Jason A. Silcott on 10/01/2025.

Positive

• Transparent disclosure of insider purchase under the employee stock purchase plan
• Officer participation in ESPP aligns management and shareholder interests
• Clear documentation including transaction date, price, and post-transaction beneficial ownership

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine insider purchase through ESPP, demonstrates standard officer participation and disclosure.

The Form 4 documents a small, clearly identified acquisition under an employee stock purchase plan, filed by the issuer's Chief Risk Officer. The transaction is transparent, uses transaction code J(1) indicating purchase under a company plan, and includes the post-transaction beneficial ownership figure. There are no indications of unusual timing, large transfers, or related-party complexity in the filing content provided.

Securities Analyst

TL;DR: Minor share purchase with limited market or valuation impact based on disclosed amounts.

The reported purchase of 58.8466 shares at $25.49 is a modest change relative to the reported total beneficial ownership of 6,662.3294 shares. The entry is documented with an explanation stating acquisition via the employee stock purchase plan and is attested by an attorney-in-fact signature, consistent with standard Section 16 reporting requirements.

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
Estimated average burden
hours per response:			0.5

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^*

Macia Matthew Joseph

(Last) (First) (Middle)

138 PUTNAM ST.

(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)
	Chief Risk Officer

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)		58.8466	A	$25.49	6,662.3294	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. Macia	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 transaction did PEBO Chief Risk Officer report on Form 4?

The report shows an acquisition of 58.8466 shares on 09/30/2025 under the company employee stock purchase plan.

At what price were the PEBO shares purchased in the reported transaction?

The shares were purchased at $25.49 per share, as disclosed on the Form 4.

How many PEBO shares does Matthew Joseph Macia beneficially own after the transaction?

The Form 4 reports a post-transaction beneficial ownership of 6,662.3294 shares.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by attorney-in-fact Jason A. Silcott on 10/01/2025.

Under what code was the transaction reported and what does the filing state about the acquisition?

The transaction is reported under code J(1), and the filing explains the shares were acquired through an employee stock purchase plan.