Form 4: Peoples Bancorp Director Acquires Shares as Part of Compensation
SEC Form 4 Filing
Director Michael N. Vittorio acquired 385 shares of Peoples Bancorp Inc. common stock as part of board meeting fees and quarterly retainer.
Summary
- On June 28, 2024, Michael N. Vittorio, a director of Peoples Bancorp Inc. (PEBO), acquired 385 shares of common stock.
- The acquisition was part of board meeting fees and quarterly retainer paid in stock as part of non-employee director compensation.
- The price of the stock was $30 per share.
- Following the transaction, Vittorio directly owns 7,824.609 shares of Peoples Bancorp Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation, indicating stability and alignment of interests.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Industry Context
Director share acquisitions are common and can be seen as a positive signal, indicating confidence in the company's future performance. This is a routine transaction related to director compensation.
Stakeholder Impact
- The acquisition of shares by a director can be viewed positively by shareholders, as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Michael N. Vittorio acquired 385 shares of Peoples Bancorp Inc. common stock. |
| 07/02/2024 | Date of signature: Jason A. Silcott, attorney-in-fact for Mr. Vittorio, signed the document. |
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