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

Sentiment:

SEC Filing (Form 4/A Amendment)


Kathryn M. Bailey, EVP and Chief Financial Officer of Peoples Bancorp Inc., files an amendment to her Form 4 to correct the amount of securities acquired and beneficially owned following a transaction related to the employee stock purchase plan.

Summary

  • Kathryn M. Bailey, EVP and Chief Financial Officer of Peoples Bancorp Inc. [PEBO], filed an amended Form 4 with the SEC on May 8, 2024.
  • The amendment corrects an error in the amount of securities acquired and beneficially owned following a transaction on October 2, 2023.
  • The transaction involved the acquisition of 70 shares of common stock at a price of $21.42 per share through participation in an employee stock purchase plan.
  • Following the reported transaction, Ms. Bailey beneficially owns 38,591.172 shares of Peoples Bancorp Inc. common stock directly.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative developments for the company, but accuracy in reporting is always viewed favorably.

Positives

  • The amendment ensures accurate reporting of Ms. Bailey's stock ownership in Peoples Bancorp Inc.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • Ensures shareholders have accurate information regarding insider ownership.

Key Dates

DateDescription
10/02/2023Date of the transaction involving the acquisition of common stock through the employee stock purchase plan.
02/07/2024Date of Original Filed
05/08/2024Date of the amended Form 4/A filing.

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