[Form 4] PEOPLES BANCORP INC Insider Trading Activity

Rhea-AI Filing Summary

Peoples Bancorp Inc. (PEBO) reporting person Matthew Edgell, who serves as Chief of Staff and a director, acquired 208.3169 shares of the company's common stock on 09/30/2025 at a price of $25.49 per share through the company's employee stock purchase plan. After this purchase, Mr. Edgell beneficially owned 19,229.0132 shares. The Form 4 indicates the transaction code relates to an employee plan purchase and was reported by one reporting person.

Positive

• Officer participation in the employee stock purchase plan demonstrates alignment of interests with shareholders
• Beneficial ownership increased to 19,229.0132 shares, providing clear insider ownership disclosure

Negative

• None.

Insights

Securities Analyst

TL;DR: Officer purchased a small block of shares under the ESPP, modestly increasing insider ownership.

Transaction details show a purchase of 208.3169 shares at $25.49 via the employee stock purchase plan, raising Mr. Edgell's beneficial holdings to 19,229.0132 shares. For a public company, this type of purchase is routine and typically viewed as an alignment of interests between management and shareholders rather than a material corporate event. The reported transaction uses the standard employee-plan code, with no derivatives or dispositions disclosed on this Form 4.

Corporate Governance Expert

TL;DR: Insider participation in an ESPP reflects internal ownership but is not a material governance change.

The filing confirms the reporting person is both an officer (Chief of Staff) and a director, and that the acquisition arose from an employee stock purchase plan. Such purchases are routine and consistent with compensation and shareholding policies. The increase to 19,229.0132 shares provides additional insider stake data for governance transparency but does not indicate any change in control or related-party transaction beyond normal employee benefit activity.

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^*

Edgell Matthew

(Last) (First) (Middle)

138 PUTNAM STREET

P.O. BOX 738

(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 of Staff

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)		208.3169	A	$25.49	19,229.0132	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. Edgell	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 Matthew Edgell report on Form 4?

Mr. Edgell reported acquiring 208.3169 shares of PEOPLES BANCORP INC common stock via the employee stock purchase plan.

At what price were the PEBO shares purchased by the reporting person?

The shares were purchased at a price of $25.49 per share.

How many PEBO shares does Matthew Edgell beneficially own after the reported transaction?

Following the purchase, Mr. Edgell beneficially owns 19,229.0132 shares.

What was the date of the reported PEBO insider transaction?

The transaction date reported on the Form 4 is 09/30/2025.

Was the PEBO Form 4 filed by one reporting person or multiple persons?

The Form 4 was filed by one reporting person.