Form 4: Park National Corp Executive Matthew R. Miller Reports Changes in Beneficial Ownership

Matthew R. Miller, President of Park National Corp, reports transactions involving common shares and performance-based restricted stock units (PBRSUs) on March 31, 2025.

Summary

• On March 31, 2025, Matthew R. Miller, President of Park National Corp, reported changes in beneficial ownership.
• These changes involve transactions related to common shares and performance-based restricted stock units (PBRSUs).
• Miller acquired 1,282.5 common shares and disposed of 563.0389 shares for $151.4.
• He also acquired 1,687.5 common shares through the vesting of PBRSUs and disposed of 747.9215 shares for $151.4.
• Following these transactions, Miller directly owns 9,973.9236 common shares and indirectly owns 5,281.919 shares through the KSOP.
• The PBRSUs convert into Park common shares on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the executive's holdings.

Key Dates

Keywords

beneficial ownership, Form 4, PBRSU, common shares, Park National Corp, Matthew R. Miller, transactions, KSOP