---
schema_version: "secwatch.filing_event.v1"
accession: "0000805676-26-000010"
form_type: "8-K"
ticker: "PRK"
cik: "0000805676"
company_name: "PARK NATIONAL CORP /OH/"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:50:09.846936+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Park National completes all-stock merger with First Citizens Bancshares

## Summary
- Each First Citizens share converted into 0.52 Park share; merger effective Feb 1, 2026.
- Pro forma combined: $12.6B assets, $10.5B deposits, $9.6B loans.
- Park now operates 100+ branches across Ohio, Kentucky, NC, SC, Tennessee.
- Jeffrey D. Agee joins Park board and will lead new Tennessee Region; base salary $560,982.
- First Citizens National Bank merged into Park National Bank; conversion activities later this year.

## SEC filing metadata
- accession: 0000805676-26-000010
- form_type: 8-K
- ticker: PRK
- cik: 0000805676
- company_name: PARK NATIONAL CORP /OH/
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/805676/000080567626000010/0000805676-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/805676/000080567626000010/prk-20260201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000805676-26-000010
- JSON: https://secwatch.observer/filing/0000805676-26-000010.json
- Plain text: https://secwatch.observer/filing/0000805676-26-000010.txt

## Source-grounded claims
- claim_id: 5f5000ee86f4f8475a163758ffea970690fd751e
  claim: PARK NATIONAL CORP /OH/ completed an acquisition involving First Citizens Bancshares, Inc. for 0.52 of a share of common stock (closed 2026-02-01).
  evidence_excerpt: and (ii) First Citizens Class A common stock, no par value per share, issued and outstanding immediately prior to the Effective Time, was converted into the right to receive 0.52 of a share of common stock, no par value, of Park (the “Company Common Stock”). The foregoing description of the Merger and the Merger Agreement does not purport to be complete
  evidence_url: https://www.sec.gov/Archives/edgar/data/805676/000080567626000010/0000805676-26-000010-index.htm

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