Director at Peoples Bancorp (PEBO) receives 365 deferred stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PEOPLES BANCORP INC director Dwight Eric Smith reported a compensation-related acquisition of deferred units linked to common stock. On June 30, 2026, an indirect award of 365 deferred compensation units was credited to his account under the Peoples Bancorp Inc. Deferred Compensation Plan for Directors.
Each unit represents the right to receive one share of common stock, so the award covers 365 underlying common shares at a reference value of $38.41 per unit. After this grant, his deferred compensation plan holdings total 2,514 units, all reported as indirect ownership through the Deferred Compensation Plan.
Footnotes explain that these units reflect board meeting fees and a quarterly retainer paid in stock as part of non-employee director compensation, indicating this is a routine, plan-based award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Dwight Eric
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation | 365 | $38.41 | $14K |
Holdings After Transaction:
Deferred Compensation — 2,514 shares (Indirect, Deferred Compensation Plan)
Footnotes (1)
- Price, allocation to Insider's account, and shares payable pursuant to the terms and conditions of the Peoples Bancorp Inc. Deferred Compensation Plan for Directors of Peoples Bancorp Inc. and Subsidiaries. Represents Board meeting fees and quarterly retainer paid in stock as part of non-employee director compensation.
Key Figures
Deferred units granted: 365 units
Reference price per unit: $38.41 per unit
Underlying common shares: 365 shares
+2 more
5 metrics
Deferred units granted
365 units
Deferred compensation award on June 30, 2026
Reference price per unit
$38.41 per unit
Pricing for deferred compensation allocation
Underlying common shares
365 shares
Common stock linked to new deferred units
Total deferred units after grant
2,514 units
Indirect holdings in Deferred Compensation Plan
Transaction code
A
Grant, award, or other acquisition
Key Terms
Deferred Compensation, Grant, award, or other acquisition, Deferred Compensation Plan for Directors, non-employee director compensation
4 terms
Deferred Compensation financial
"security_title: "Deferred Compensation" and nature_of_ownership: "Deferred Compensation Plan""
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Deferred Compensation Plan for Directors financial
"terms and conditions of the Peoples Bancorp Inc. Deferred Compensation Plan for Directors"
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
non-employee director compensation financial
"part of non-employee director compensation"
FAQ
What did PEBO director Dwight Eric Smith report in this Form 4?
He reported a grant of 365 deferred compensation units tied to Peoples Bancorp common stock. These units were credited as part of non-employee director compensation under the company’s Deferred Compensation Plan.
How many deferred compensation units does Dwight Eric Smith hold after this PEBO transaction?
After the transaction, his Deferred Compensation Plan account holds 2,514 deferred compensation units. Each unit corresponds to a share of Peoples Bancorp common stock to be delivered under the plan’s terms.
What price is associated with the 365 deferred units in the PEBO filing?
The grant is reported at a reference value of $38.41 per unit. This figure is used for pricing and allocation within the Deferred Compensation Plan for Directors, rather than reflecting a market trade price.
How were the PEBO director’s deferred units earned according to the Form 4 footnotes?
Footnotes state the units represent board meeting fees and a quarterly retainer paid in stock. They are allocated under the Peoples Bancorp Deferred Compensation Plan for non-employee directors and reflect routine compensation.