Form 4: Peoples Bancorp Director W. Glenn Hogan Acquires Additional Shares
SEC Form 4 Filing
Director W. Glenn Hogan acquired 384 shares of Peoples Bancorp Inc. common stock at $30.09 per share on September 30, 2024, as part of board meeting fees and quarterly retainer.
Summary
- On September 30, 2024, W. Glenn Hogan, a director of Peoples Bancorp Inc., acquired 384 shares of common stock.
- The shares were acquired at a price of $30.09 per share.
- This transaction increased Hogan's direct ownership to 531,620 shares.
- The acquisition was part of non-employee director compensation, specifically board meeting fees and quarterly retainer paid in stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation. The director's increased stake could be seen as a slightly positive signal.
Positives
- Director's acquisition of shares may signal confidence in the company's future prospects.
Industry Context
Directors receiving stock as part of their compensation is a common practice in the banking industry.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: W. Glenn Hogan acquired shares of Peoples Bancorp Inc. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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