Kirkham Michael Ryan 4

What Happened

• Michael Kirkham, EVP and General Counsel of PEOPLES BANCORP (PEBO), had 999 shares withheld to satisfy tax withholding related to an equity award or option exercise. The shares were recorded at $34.18 each for a total value of $34,146. This was a withholding (not an open-market sale), so it reflects tax settlement rather than a discretionary sell.

Key Details

• Transaction date: 2026-02-06
• Price per share: $34.18; Shares withheld/disposed: 999; Total value: $34,146
• Transaction code: F (payment of exercise price or tax liability — shares withheld)
• Shares owned after the transaction: Not specified in the Form 4 filing provided
• Filing date: 2026-02-09 (appears to be filed timely based on the transaction date)
• No 10b5-1 plan or other footnotes were reported in the summary available

Context

• Code F typically means the company withheld shares to cover taxes when shares vested or options were exercised — this is a routine administrative disposition and not a market sale indicating sentiment.
• For retail investors, tax-withholding dispositions are common and generally shouldn’t be read as a directional insider trade.