Form 4: Peoples Bancorp Director Kevin R. Reeves Acquires Shares as Part of Compensation

Director Kevin R. Reeves acquired 389 shares of Peoples Bancorp Inc. common stock at $29.66 per share as part of non-employee director compensation.

Summary

• On March 31, 2025, Kevin R. Reeves, a director of Peoples Bancorp Inc., acquired 389 shares of common stock.
• The shares were acquired at a price of $29.66 per share.
• This transaction was part of non-employee director compensation, representing board meeting fees and a quarterly retainer paid in stock.
• Following the transaction, Reeves directly owns 10,416.84 shares of Peoples Bancorp Inc.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The director's increased stake could be seen as a positive sign of confidence in the company.

Positives

• The acquisition of shares by a director demonstrates alignment with shareholder interests.

Industry Context

Director compensation in the form of stock is a common practice in the banking industry to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock-based compensation for directors is a common practice among publicly traded companies, including regional banks like Huntington Bancshares and KeyCorp.
• The amount of stock awarded to directors varies based on company size, performance, and board responsibilities.
• Comparing the value of stock compensation to similar sized banks in the region would provide a benchmark for assessing the competitiveness of Peoples Bancorp's director compensation.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

Peoples Bancorp, Director, Share Acquisition, Compensation, PEBO, Form 4