PEOPLES BANCORP INC·4

Feb 9, 5:15 PM ET

Eakle Jason M 4

Research Summary

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PEOPLES BANCORP (PEBO) CCO Jason Eakle Withholds 1,079 Shares

What Happened
Jason M. Eakle, Chief Credit Officer of Peoples Bancorp Inc. (PEBO), had 1,079 shares withheld on Feb 6, 2026 to satisfy tax obligations related to an equity award/option exercise. The shares were valued at $34.18 each, for a total value of $36,880. The Form 4 marks this disposition with transaction code "F" (payment of exercise price or tax liability), which typically reflects shares surrendered to cover withholding rather than an open-market sale.

Key Details

  • Transaction date: 2026-02-06
  • Price/value: 1,079 shares at $34.18 each; total $36,880 (shares surrendered to cover taxes)
  • Transaction code: F = payment of exercise price or tax liability (share withholding)
  • Filing date / accession: Form filed 2026-02-09 (accession 0000318300-26-000047) — no late-filing flag provided in the excerpt
  • Shares owned after transaction: Not specified in the provided filing excerpt
  • Footnote: This is a tax-withholding share disposition (not an open-market sale)

Context
When insiders exercise options or receive stock awards, companies commonly withhold a portion of the shares to cover required taxes (a "net share settlement" or surrender). These withholdings are routine administrative transactions and do not necessarily indicate the insider's view on the company's prospects. Purchases or open-market sales generally carry more informational weight for investors.