James Brooke Williams, a director at Peoples Bancorp Inc., has reported a transaction involving 358 shares of the company. This transaction, filed on October 2, 2026, is significant as it reflects the ongoing compensation practices for board members within the banking industry.
Background
Peoples Bancorp Inc. is a financial institution incorporated in Ohio, primarily operating in the state commercial banks sector. The company is listed under the ticker symbol PEBO. Recent filings indicate that it has been actively reporting various transactions, including those related to director compensation.
What the Filing Says
The filing states, "Represents Board meeting fees and quarterly retainer paid in stock as part of non-employee director compensation." This highlights how the company compensates its board members through stock transactions, linking their interests with the company's performance.
Impact
This transaction may affect shareholders and potential investors who are interested in the governance and compensation practices of Peoples Bancorp Inc. It also sheds light on how directors are compensated in the banking sector, which may influence similar practices among competitors.
What's Next
The filing does not say what happens next.
Transaction Details
The transaction involved the acquisition of 358 shares of common stock at a price of $36.59 per share. Following this transaction, James Brooke Williams now owns a total of 266,856.9 shares of Peoples Bancorp Inc.
Director Status
James Brooke Williams is identified as a director of the company, and this transaction is classified as a direct ownership. This highlights the alignment of directors' compensation with shareholder interests, as they are compensated in stock rather than cash.
Additional Context
Peoples Bancorp Inc. operates primarily in the state commercial banks sector and is incorporated in Ohio. The company has a fiscal year that ends on December 31, and its Central Index Key (CIK) is 0000318300. The filing also notes that James Brooke Williams has previously been known as Williams Brooke A, with a name change occurring on February 8, 1996.
Compliance and Governance
The filing is made under the SEC Act of 1934, indicating compliance with regulatory requirements for reporting ownership changes by directors and officers. Such transparency is crucial for maintaining investor confidence and upholding corporate governance standards.