4//SEC Filing
Kranich Charles E. 4
Accession 0001174947-25-001049
CIK 0000716605other
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 12:10 PM ET
Size
5.5 KB
Accession
0001174947-25-001049
Insider Transaction Report
Form 4
Kranich Charles E.
Director
Transactions
- Disposition to Issuer
Penns Woods Bancorp, Inc. common stock
2025-07-25−37,798→ 0 total
Footnotes (1)
- [F1]This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger, dated as of December 16, 2024 (the "Merger Agreement"), by and between Penns Woods Bancorp, Inc. (the "Company") Northwest Bancshares, Inc. ("Parent"), a copy of which is filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 20, 2024, pursuant to which the Company merged with, and into, Parent (the "Merger") on July 25, 2025 (the "Effective Time"). At the Effective Time, each issued and outstanding share of common stock of the Company was converted into the right to receive 2.385 shares of Parent common stock and, if applicable, cash in lieu of fractional shares. On July 25, 2025, the closing price of the Company's common stock was $30.00 per share, and the closing price of Parent's common stock was $12.63 per share.
Documents
Issuer
PENNS WOODS BANCORP INC
CIK 0000716605
Entity typeother
Related Parties
1- filerCIK 0001785665
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 12:10 PM ET
- Size
- 5.5 KB