secwatch.observer — SEC 8-K summary
======================================

Issuer:     PARK NATIONAL CORP /OH/ (PRK)
CIK:        0000805676
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0000805676-26-000036
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park National shareholders approve 2026 LTIPs with 1.5M shares for employees, 150K for directors
--------------------------------------------------------------------------------

- Shareholders approved two new LTIPs replacing 2017 plans; 1,500,000 shares authorized for employees, 150,000 for directors.
- Annual meeting results: elected D. Byrd Miller III, Matthew R. Miller, Karen A. Morrison, Robert E. O'Neill as directors.
- Say-on-pay approved with ~11.66M for vs 0.23M against; auditor Crowe LLP ratified with ~14.41M for.
- New Employee LTIP caps annual per-participant grants at 15,000 shares; Director LTIP caps at 1,500 shares.
- Plans effective April 27, 2026, terminate after 10 years; ISO grants must occur by January 20, 2036.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/805676/000080567626000036/0000805676-26-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/805676/000080567626000036/prk-20260427.htm
  HTML page:      https://secwatch.observer/filing/0000805676-26-000036

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