Welcome to our dedicated page for Penns Woods Bancorp SEC filings (Ticker: PWOD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Penns Woods Bancorp, Inc. filings document the completed merger with Northwest Bancshares, Inc. and the resulting transition of PWOD from a listed bank holding company issuer. The Form 8-K record covers the completion of the acquisition or disposition event and identifies Penns Woods as a Pennsylvania corporation with banking subsidiaries including Jersey Shore State Bank and Luzerne Bank.
Subsequent corporate-status filings include Form 25 for removal of the company's common stock from Nasdaq listing and registration, and Form 15 for termination of registration or suspension of reporting duties under the Exchange Act. These records address the company's common stock, former reporting obligations, holder-of-record status, governance transition, and capital-structure treatment following the merger.
Form 4 filing: Brian L. Knepp—President & Director of Penns Woods Bancorp (PWOD)—reports that on 25-Jul-2025 he disposed of all PWOD equity as part of the company’s merger into Northwest Bancshares (NWBI).
Common stock: 46,272 PWOD shares were automatically converted at the agreed 2.385× exchange ratio, eliminating his direct PWOD holdings.
Stock options: Five tranches totalling 97,400 options (strike $20.85-$27.77) were cancelled and cash-settled per the merger agreement’s formula that references a 5-day NWBI VWAP.
At the effective time PWOD closed at $30.00 and NWBI at $12.63, implying c.$71.6 k pre-exchange value for the common shares; option payout is undisclosed but based on the same pricing mechanism. After the transaction the insider reports 0 shares and 0 options.
No open-market activity occurred; the filing simply confirms legal consummation of the merger and termination of PWOD securities.