Form 4: Director Hogan Acquires PEBO Stock
Statement of Changes in Beneficial Ownership
Hogan W. Glenn, a Director at PEOPLES BANCORP INC, acquired 341 shares of common stock on June 30, 2026, as part of his non-employee director compensation.
Summary
- Director Hogan W. Glenn acquired 341 shares of PEOPLES BANCORP INC common stock on June 30, 2026.
- The acquisition was made at a price of $38.41 per share.
- These shares were received as part of his compensation for serving on the board.
- Following this transaction, Mr. Glenn beneficially owns 536,416 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine stock acquisition by a director as part of their compensation and does not indicate new strategic information or significant changes in beneficial ownership.
Positives
- Director compensation is being paid in stock, aligning director interests with shareholders.
- The director continues to hold a significant number of shares (536,416), indicating continued commitment.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director's stock transaction.
Industry Context
StockSavvy.ai notes that the use of stock as compensation for non-employee directors is a common practice in the banking industry, aimed at aligning executive and board interests with those of shareholders. This filing reflects standard corporate governance procedures for publicly traded companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Director Hogan W. Glenn received shares as part of his non-employee director compensation, including board meeting fees and quarterly retainer. | 06/30/2026 | Standard practice to align director interests with shareholders. |
Related Party Transactions
- The acquisition of 341 shares by Director Hogan W. Glenn is a related party transaction, as it is part of his compensation for serving as a director.
Stakeholder Impact
- Shareholders: The transaction reinforces the alignment of director interests with shareholders through stock-based compensation.
- Employees: No direct impact on employees is indicated by this filing.
- Creditors: No direct impact on creditors is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 06/30/2026 | Transaction Date for stock acquisition by Director Hogan W. Glenn. |
| 07/02/2026 | Date of signature for the filing. |
Keywords
PEOPLES BANCORP INC, PEBO, Form 4, Director Compensation, Stock Acquisition, Beneficial Ownership, SEC Filing
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