Insider Buying Continues Amid a Bullish Trend

On March 31, 2026, Susan D. Rector, a board director of Peoples Bancorp Inc‑OH, acquired 1,570 shares of the company’s common stock through its deferred‑compensation plan at a price of $32.87 per share. This transaction increased her post‑purchase holding to 30,635 shares. The trade was executed at a price only 0.02 % below the closing level of $33.47, reflecting a slight discount that is typical of deferred‑compensation awards. Importantly, the transaction occurred just days before the company’s first‑quarter earnings announcement, a period that often sees heightened insider activity.

What This Means for Investors

Rector’s latest purchase is part of a broader pattern of consistent buying by senior executives. In the past year she has made 12 purchases—mostly common stock—and one sale, with her holdings steadily climbing from roughly 26,700 shares in early 2025 to 30,635 shares today. This upward trajectory signals confidence in the firm’s ongoing turnaround: Peoples Bancorp’s shares have surged 21 % year‑to‑date, and the company’s price‑to‑earnings ratio of 10.84 sits comfortably below the sector average, suggesting value upside. For investors, the pattern of insider buying, coupled with a 4 % weekly gain and a 1.98 % monthly gain, indicates that senior management believes the stock is poised for further appreciation.

Rector’s Historical Trading Profile

A review of Rector’s transaction history shows a disciplined, long‑term investment approach. She has predominantly purchased common stock at prices ranging from $28.95 to $33.44, with only one sale in July 2024 that reduced her position by 2,995 shares. Her average purchase price hovers around $31.00, slightly below the current market price, implying that she is buying at attractive levels. The timing of her trades—often coinciding with quarterly reporting periods—suggests that she views earnings releases as windows of opportunity to acquire stock when the company’s fundamentals are most transparent.

Company‑Wide Insider Activity

Peoples Bancorp’s other insiders, including CEO Tyler Wilcox and CFO Kathryn Bailey, have also increased their holdings in the same period. Wilcox’s purchase of 161 shares at $27.94 and Bailey’s acquisition of 53 shares at the same price reflect a coordinated effort by the top leadership to demonstrate alignment with shareholders. The fact that 15 different insiders executed trades on March 31, 2026, indicates a company‑wide confidence in its strategic direction and the upcoming earnings.

Looking Ahead

With the Q1 earnings set to be released on April 21, 2026, the market will likely scrutinize whether the company’s guidance supports the bullish trend that has driven insider buying. Should earnings exceed expectations, the stock could see a further rally, reinforcing the message that insiders are “on the right track.” Conversely, a miss may temper enthusiasm, but the robust insider support could mitigate a sharper decline. Overall, the pattern of disciplined, incremental purchases by Rector and her peers signals a long‑term belief in Peoples Bancorp’s growth prospects—an encouraging sign for investors seeking a bank with solid fundamentals and a management team that is actively investing in its own equity.


DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026‑03‑31Rector Susan D. ()Buy1,570.0032.87Deferred Compensation
2026‑03‑31Skinner Frances A ()Buy567.0032.87Deferred Compensation
2026‑03‑31Hogan W Glenn ()Buy399.0032.87Common Stock
2026‑03‑31Schneeburger Carol A ()Buy399.0032.87Common Stock
2026‑03‑31Reeves Kevin R ()Buy399.0032.87Common Stock
2026‑03‑31Dierker David F ()Buy399.0032.87Common Stock
2026‑03‑31Dierker David F ()Buy277.0032.87Deferred Compensation
2026‑03‑31Vittorio Michael N ()Buy399.0032.87Common Stock
2026‑03‑31James Brooke Williams ()Buy399.0032.87Common Stock
2026‑03‑31Beam S Craig ()Buy399.0032.87Common Stock
2026‑03‑31Smith Dwight Eric ()Buy421.0032.87Deferred Compensation
2026‑03‑31Kirkham Michael Ryan (EVP/General Counsel)Buy10.7427.94Common Stock
2026‑03‑31Edgell Matthew (Chief of Staff)Buy190.0527.94Common Stock
2026‑03‑31Donlon Hugh J (EVP, Community Banking)Buy183.6127.94Common Stock
2026‑03‑31Bailey Kathryn M (EVP, Chief Financial Officer)Buy53.6927.94Common Stock
2026‑03‑31Macia Matthew Joseph (Chief Risk Officer)Buy53.6927.94Common Stock
2026‑03‑31Wilcox Tyler J (Chief Executive Officer)Buy161.0627.94Common Stock