Augenstein Mark 4

What Happened

Mark Augenstein, Executive Vice President of Operations at PEOPLES BANCORP (PEBO), disposed of 1,355 shares on 2026-02-06 by surrendering them to cover tax obligations tied to an option exercise. The shares were valued at $34.18 each, for a total value of approximately $46,314. This transaction is reported under code F (payment of exercise price or tax liability), which is a routine tax-withholding action rather than an open-market sale signaling a change in sentiment.

Key Details

• Transaction date: 2026-02-06; Report filed: 2026-02-09 (appears timely)
• Disposition: 1,355 shares surrendered at $34.18 per share; total ≈ $46,314
• Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered)
• Shares owned after the transaction: not specified in the provided excerpt of the filing
• Filing timeliness: filing date (Feb 9) follows the Feb 6 transaction and appears to meet the typical Form 4 reporting window

Context

• This was a tax-withholding/share-surrender related to an option exercise (a common, administrative step when options vest or are exercised). It is not the same as an open-market sale and is generally regarded as routine.
• Such withholding transactions do not, by themselves, indicate a change in the insider’s view on the company’s prospects.