[Form 4] PEOPLES BANCORP INC Insider Trading Activity

Rhea-AI Filing Summary

Insider transaction summary: The company reporting person, an executive vice president at Peoples Bancorp Inc. (PEBO), acquired 201.2553 shares of Common Stock at a price of $25.49 per share through participation in an employee stock purchase plan. The Form 4 shows a transaction dated 09/30/2025 and reports 14,145.9498 shares as the amount of securities beneficially owned following the reported transaction. The filing is signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Executive participation in the employee stock purchase plan, indicating alignment with shareholder interests
• Clear disclosure of the transaction amount (201.2553 shares) and execution price ($25.49) on the Form 4

Negative

• None.

Insights

Financial Analyst

TL;DR: Executive participation in the ESPP represents a routine insider purchase of 201.2553 shares at $25.49, a modest ownership change.

The reported acquisition via an employee stock purchase plan is a standard form of equity compensation and aligns the executive's interests with shareholders. The number of shares acquired (201.2553) is small relative to the reported post-transaction beneficial ownership (14,145.9498 shares), indicating a limited incremental stake. No derivative transactions or dispositions are disclosed beyond the amounts shown.

Corporate Governance Expert

TL;DR: This Form 4 documents a routine ESPP purchase by an EVP, consistent with typical insider participation rules and reporting requirements.

The filing identifies the reporting person as EVP, Community Banking, and records the acquisition code with an explanatory remark that shares were acquired under an employee stock purchase plan. The disclosure appears complete for the reported non-derivative transaction and includes an attorney-in-fact signature. There are no governance flags such as large, unexplained transfers, sales, or derivative activity in this filing.

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^*

Donlon Hugh J

(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)
	EVP, Community Banking

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)		201.2553	A	$25.49	14,145.9498	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. Donlon	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 insider Donlon report on the Form 4?

The Form 4 reports an acquisition of 201.2553 shares of Common Stock at $25.49 per share under an employee stock purchase plan.

How many shares does the reporting person own after this transaction?

The filing reports 14,145.9498 shares as the amount of securities beneficially owned following the reported transaction.

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

The reporting person is identified as EVP, Community Banking and also checked as a Director on the form.

How was the Form 4 signed and filed?

The signature block shows the form was executed by an attorney-in-fact for the reporting person.

Is the acquisition part of compensation or a market purchase?

The explanation states the shares were acquired as a result of participation in an employee stock purchase plan.