Form 4: Park National Corp Director C. Daniel DeLawder Reports Acquisition of 241 Common Shares

Sentiment:

SEC Form 4 Filing


C. Daniel DeLawder, a director of Park National Corp, reported acquiring 241 common shares and adjustments to indirect holdings through the company's KSOP.

Summary

  • On October 28, 2024, C. Daniel DeLawder, a director of Park National Corp, acquired 241 common shares.
  • These shares were awarded under the Park National Corporation 2017 Long-Term Incentive Plan for Non-Employee Directors.
  • DeLawder's direct holdings increased to 60,001 common shares.
  • Indirect holdings include 27,711.976 shares through the KSOP, 12,515.498 shares through a Managing Agency Account, and 50,232 shares held by Diane S., spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director's acquisition of shares could be seen as a slightly positive signal, but it's part of a pre-existing plan.

Positives

  • The acquisition of shares by a director may signal confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
10/28/2024Date of transaction: C. Daniel DeLawder acquired 241 common shares.
10/30/2024Date of signature: Form 4 signed by Brady T. Burt, Attorney-in-Fact for C. Daniel DeLawder.

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