4/A: Park National Corp Director Leon Zazworsky Amends Filing to Reflect Share Award

Sentiment:

SEC Form 4/A (Amendment to Statement of Changes in Beneficial Ownership)


Director Leon Zazworsky amends a previous filing to reflect the acquisition of 241 common shares awarded under the Park National Corporation 2017 Long-Term Incentive Plan for Non-Employee Directors.

Summary

  • Leon Zazworsky, a director of Park National Corp, filed an amendment to a previous Form 4.
  • The amendment reflects a transaction on October 28, 2024, where he acquired 241 common shares.
  • These shares were awarded under the Park National Corporation 2017 Long-Term Incentive Plan for Non-Employee Directors.
  • Following the transaction, Zazworsky directly owns 49,230 common shares.
  • He also has indirect ownership of 100 shares through his spouse's Stifel Nicolaus account and 10.48 shares through Moundvest Investment Club.
  • The reporting person disclaims beneficial ownership of the shares held in the Stifel Nicolaus account.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing reflecting an expected transaction. The acquisition of shares by a director is generally viewed as a positive, but it's not a significant event.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

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

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

DateDescription
10/28/2024Date of the transaction where Leon Zazworsky acquired 241 common shares.
10/30/2024Date of the original filing that this document amends.
10/30/2024Date of the amended filing.

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