Form 4: Carol A. Schneeberger Acquires Peoples Bancorp Inc. Shares as Part of Director Compensation
SEC Form 4 Filing
Director Carol A. Schneeberger acquired 389 shares of Peoples Bancorp Inc. common stock on March 31, 2025, as part of non-employee director compensation.
Summary
- Carol A. Schneeberger, a director of Peoples Bancorp Inc., acquired 389 shares of common stock on March 31, 2025.
- The acquisition was part of non-employee director compensation, specifically board meeting fees and a quarterly retainer paid in stock.
- The price per share was $29.66.
- Following the transaction, Ms. Schneeberger directly owns 26,075 shares of Peoples Bancorp Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction indicating director alignment with the company's success.
Positives
- The acquisition reflects continued director alignment with shareholder interests.
- The form indicates compliance with Section 16(a) of the Securities Exchange Act of 1934.
Industry Context
Director stock ownership is generally viewed positively as it aligns management's interests with those of shareholders. This Form 4 filing is a routine disclosure required by the SEC.
Comparison to Industry Standards
- Director compensation packages often include stock grants to incentivize long-term value creation.
- The amount of stock acquired is typical for director compensation at a bank of Peoples Bancorp's size.
- Comparing Schneeberger's holdings to other directors at similar regional banks would provide further context.
Related Party Transactions
- The stock grant to the director is a related party transaction that is part of the director's compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: acquisition of 389 shares of common stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director Compensation, PEBO, Peoples Bancorp Inc., Schneeberger, Stock Acquisition
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.