secwatch.observer — SEC 8-K summary
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Issuer:     PARK NATIONAL CORP /OH/ (PRK)
CIK:        0000805676
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0000805676-26-000010
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/805676/000080567626000010/0000805676-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/805676/000080567626000010/prk-20260201.htm
  HTML page:      https://secwatch.observer/filing/0000805676-26-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer