Smith Dwight Eric 4
Research Summary
AI-generated summary
PEOPLES BANCORP (PEBO) Director Dwight E. Smith Receives 421-Share Award
What Happened
Dwight E. Smith, a director of Peoples Bancorp, was granted 421 shares (derivative award) on 2026-03-31 at an allocated price of $32.87 per share, representing a value of $13,838. The shares were awarded and allocated pursuant to the company's Deferred Compensation Plan for Directors.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-01 (appears timely within normal reporting windows).
- Grant type: Award/acquisition (derivative) — 421 shares at $32.87 each; total value $13,838.
- Shares owned after transaction: Not reported/disclosed on this filing.
- Footnotes:
- F1 — Shares, price and allocation are pursuant to the Peoples Bancorp Deferred Compensation Plan for Directors.
- F2 — The award represents board meeting fees and the quarterly retainer paid in stock as non-employee director compensation.
- No indication of a sale or immediate disposition; this is a compensation award, not an open-market purchase.
Context
This transaction is a routine director compensation award under the company’s deferred compensation plan (board fees/retainer paid in stock). Such awards are common for non-employee directors and are compensation-related rather than direct signals of insider buying or selling intent.