Form 4: Peoples Bancorp Director Hogan W Glenn Acquires Shares as Part of Compensation

Director Hogan W Glenn acquired 390 shares of Peoples Bancorp Inc. common stock on March 28, 2024, as part of non-employee director compensation.

Summary

• On March 28, 2024, Hogan W Glenn, a director of Peoples Bancorp Inc., acquired 390 shares of common stock.
• The acquisition was part of the non-employee director compensation, specifically board meeting fees and quarterly retainer paid in stock.
• The price per share was $29.61.
• Following the transaction, Hogan W Glenn beneficially owns 530,851 shares of Peoples Bancorp Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation, indicating alignment of interests but not necessarily a major positive or negative signal.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Director share acquisitions are common and often tied to compensation packages, aligning director interests with shareholder value.

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