[Form 4] Penns Woods Bancorp Inc Insider Trading Activity
Insider Trade Summary
Disposition: 51,476 shares
Disposition
3 txns
Insider
NESTLERODE R EDWARD JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 44,834 | $0.00 | $0.00 |
| Disposition | Common Stock | 3,665 | $0.00 | $0.00 |
| Disposition | Common Stock | 2,977 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 0 shares (Indirect, Company);
Common Stock — 0 shares (Indirect, Wife)
Footnotes (2)
- 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.
- F2. Includes 923 Dividend Reinvestment Shares.
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