AGEE JEFF 4/A
Research Summary
AI-generated summary
Park National (PRK) Director Jeff Agee Receives 28,311.961 Shares in Merger
What Happened Jeff Agee, a director of Park National Corp. (PRK), was reported as acquiring a total of 28,311.961 common shares in connection with the company’s merger-related employee stock ownership plan (KSOP/ESOP). The transactions are recorded as four "other acquisition or disposition (J)" entries dated 2026-02-01: 7,778; 19,288.293; 833; and 412.668 shares. No purchase price per share was reported (N/A), so a dollar value cannot be calculated from this filing. This Form 4 is an amendment filed on 2026-04-13 to reflect the final allocations.
Key Details
- Transaction date: February 1, 2026 (entries reported on that date; initial Form 4 reflecting estimated holdings was filed Feb 3, 2026; this is an amended filing dated Apr 13, 2026).
- Transaction type/code: "Other acquisition or disposition" (code J) — ESOP/merger allocation, not an open-market purchase.
- Shares acquired (line items): 7,778; 19,288.293; 833; 412.668 — total 28,311.961 shares.
- Price: N/A (no dollar amounts reported), so total value is not provided.
- Shares owned after transaction: Not specified in this amendment.
- Notable footnotes: F1 explains the amendment was filed after the ESOP trustee and transfer agent provided final allocations; F2 notes these shares were reported as beneficially acquired under Park’s KSOP since the last reportable transaction.
- Timeliness: An initial Form 4 was filed Feb 3 to reflect estimated holdings; this Apr 13 filing is an amendment to correct the share counts (administrative update rather than a new trading decision).
Context These shares were allocated through Park’s ESOP/KSOP as part of merger-related processing. Such allocations are administrative and differ from an executive buying shares on the open market; they reflect plan allocations rather than a direct cash purchase by the insider. Because no price is reported, you cannot infer the transaction’s dollar value from this filing.