secwatch.observer — SEC 8-K summary
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Issuer:     PENNS WOODS BANCORP INC (—)
CIK:        0000716605
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001104659-25-071025
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penns Woods completes merger with Northwest Bancshares; stock to be delisted
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- Each PWOD share converted into 2.385 shares of NWBI common stock; total consideration ~20.6M shares.
- Penns Woods merged with and into Northwest; bank subsidiaries merged into Northwest Bank.
- CEO Richard A. Grafmyre appointed to Northwest board effective July 25, 2025.
- PWOD common stock delisted from Nasdaq; SEC reporting obligations to be suspended.
- Penns Woods directors and officers ceased as of effective time of merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716605/000110465925071025/0001104659-25-071025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716605/000110465925071025/tm2521651d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-071025

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