Rector Susan D. 4

What Happened
Susan D. Rector, a director of Peoples Bancorp, received an award of 1,368 shares (reported as a derivative acquisition) at a price of $38.41 per share, valued at $52,545. The grant was reported on a Form 4 with a transaction date of 2026-06-30 and filed 2026-07-02. This was an equity grant/award as part of director compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Report filed: 2026-07-02 (appears timely).
• Price per share: $38.41; Total value reported: $52,545.
• Shares acquired: 1,368 (reported as a derivative award under the company plan).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — allocation to the insider’s account under the Peoples Bancorp Deferred Compensation Plan for Directors; F2 — represents board meeting fees and quarterly retainer paid in stock as non-employee director compensation.
• Transaction code: A (award/grant); derivative reporting reflects deferred/share-payable treatment.

Context
This is routine director compensation issued in stock/deferred shares and is common for non-employee directors; such awards reflect pay structure rather than an explicit buy or sell signal. For retail investors, purchases can be more informative about insider sentiment than compensation grants. The filing indicates the award was made under the company’s deferred compensation plan and does not, by itself, signal management’s view of the company’s near-term prospects.