---
schema_version: "secwatch.filing_event.v1"
accession: "0000805676-22-000080"
form_type: "8-K"
ticker: "PRK"
cik: "0000805676"
company_name: "PARK NATIONAL CORP /OH/"
filed_at: "2022-08-10T23:59:59+00:00"
generated_at: "2026-06-24T01:39:58.974361+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Park National subsidiary sells foreclosed property for $12.4M, expects $11.4M pre-tax gain

## Summary
- SEPH completed foreclosure on property securing a previously charged-off non-performing loan.
- Sold property to third-party for $12.4 million cash on August 5, 2022.
- Estimated pre-tax gain of $11.4 million ($9.0M net of tax) for Q3 2022 and FY 2022.
- Direct expenses of $1.0 million incurred in sale.

## SEC filing metadata
- accession: 0000805676-22-000080
- form_type: 8-K
- ticker: PRK
- cik: 0000805676
- company_name: PARK NATIONAL CORP /OH/
- filed_at: 2022-08-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/805676/000080567622000080/0000805676-22-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/805676/000080567622000080/prk-20220805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000805676-22-000080
- JSON: https://secwatch.observer/filing/0000805676-22-000080.json
- Plain text: https://secwatch.observer/filing/0000805676-22-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.