4/A: Peoples Bancorp Inc. Executive Augenstein Corrects Beneficial Ownership After Stock Purchase Plan Transaction

Mark Augenstein, EVP of Operations at Peoples Bancorp Inc., amends a previous filing to correct the number of securities beneficially owned following participation in an employee stock purchase plan.

Summary

• Mark Augenstein, an EVP at Peoples Bancorp Inc., filed an amended Form 4/A with the SEC.
• The amendment corrects an error in the number of securities beneficially owned after a transaction on September 30, 2024.
• The transaction involved the acquisition of 11.7979 shares of common stock at a price of $25.58 per share through an employee stock purchase plan.
• Following the reported transaction, Augenstein beneficially owns 19,163.0178 shares of Peoples Bancorp Inc. common stock directly.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The correction of an error is a positive sign of diligence.

Positives

• The executive's participation in the employee stock purchase plan demonstrates confidence in the company.
• The amendment ensures accurate reporting of beneficial ownership.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• Shareholders benefit from accurate and transparent reporting of insider transactions.

Key Dates