# EDGAR Filing Document

**Accession Number:** 0000805676
**File Stem:** 0000805676-25-000063
**Filing Date:** 2025-7
**Character Count:** 10989
**Document Hash:** 6cda20ac507ee00cb7d7f57ff6d0aeb9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000805676-25-000063.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0000805676-25-000063

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 17

**CONFORMED PERIOD OF REPORT**: 20250728

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARK NATIONAL CORP /OH/
- **CENTRAL INDEX KEY:** 0000805676
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 311179518
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13006
- **FILM NUMBER:** 251157617

**BUSINESS ADDRESS:**
- **STREET 1:** 50 NORTH THIRD ST
- **CITY:** NEWARK
- **STATE:** OH
- **ZIP:** 43055
- **BUSINESS PHONE:** 6143498451

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 3500
- **CITY:** NEWARK
- **STATE:** OH
- **ZIP:** 43058-3500

?xml version='1.0' encoding='ASCII'? prk-20250728

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported) <u>July 28, 2025</u>

PARK NATIONAL CORPORATION <br> (Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| Ohio | 1-13006 | 31-1179518 |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |

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50 North Third Street, <u>P.O. Box 3500,</u> <u>Newark,</u> <u>Ohio</u> <u>43058-3500</u> <br> (Address of principal executive offices) (Zip Code)

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| | |
|:---|:---|
| (740) | 349-8451 |
| (Registrant's telephone number, including area code) | (Registrant's telephone number, including area code) |
| Not Applicable | Not Applicable |
| (Former name or former address, if changed since last report.) | (Former name or former address, if changed since last report.) |

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered <br> Common shares, without par value PRK NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

&nbsp;&nbsp;&nbsp;&nbsp;Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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<u>Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers</u>

At a meeting held on July 28, 2025, the Board of Directors of Park National Corporation ("Park") unanimously elected Matthew R. Miller to succeed David L. Trautman as the Chief Executive Officer of each of Park and its wholly-owned subsidiary, The Park National Bank ("PNB"), effective January 1, 2026. At such time, Mr. Trautman, who is currently serving as Chairman of the Board of Directors and Chief Executive Officer of each of Park and PNB, will continue his service as Chair of both Boards of Directors. Mr. Miller, 47, has served as President and a director of each of Park and PNB since May 2019.

Mr. Miller was not elected pursuant to any arrangement or understanding between him and any other person. Park has not entered into, amended, or modified any plan, contract, arrangement, grant, or award in connection with Mr. Miller's election as Chief Executive Officer. Mr. Miller's brother is a salaried employee of PNB serving in a non-executive officer position. Mr. Miller's brother received total direct compensation (base salary, annual incentive compensation and long-term equity-based awards at target fair value) of less than $540,000 during the 2024 fiscal year. Mr. Miller's brother also participates in the programs providing medical, dental, long-term disability and life insurance benefits to all other employees of Park's subsidiaries. The compensation of Mr. Miller's brother is established by PNB in accordance with its compensation practices applicable to employees with comparable qualifications and responsibilities and holding similar positions and without the involvement of Mr. Miller.

A copy of the news release issued by Park to announce the Chief Executive Officer succession is filed as Exhibit 99.1 and incorporated herein by reference.

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<u>Item 9.01 - Financial Statements and Exhibits.</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)<u>Exhibits</u>. The following exhibits are included with this Current Report on Form 8-K:

<u>Exhibit No.</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Description</u>

<u>[99.1](a2025-07x29exhibit991.htm)</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Release issued by Park National Corporation on July 29, 2025

<u>[104](#iacffa6c7ac274f609a964ab6a0ae4ddd_1)</u>&nbsp;&nbsp;&nbsp;&nbsp;Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| | PARK NATIONAL CORPORATION | PARK NATIONAL CORPORATION |
| Dated: July 29, 2025 | By: | /s/ Brady T. Burt |
|  |  | Brady T. Burt |
|  |  | Chief Financial Officer, Secretary and Treasurer |

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## Exhibit 99.1

![imagea.jpg](imagea.jpg)

July 29, 2025&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit 99.1

**Park National Corporation names Matthew R. Miller Chief Executive Officer; David L. Trautman to continue as Board Chair**

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| | |
|:---|:---|
| **NEWARK, Ohio** ‒ Park National Corporation (Park) (NYSE American: PRK) has named Matthew R. Miller Chief Executive Officer of Park National Corporation and Park National Bank effective January 1, 2026. Miller will retain his title as president. David L. Trautman will continue to serve as Chair of the Board. | ![image1a.jpg](image1a.jpg)<br>David L. Trautman |
|  | ![image1a.jpg](image1a.jpg)<br>David L. Trautman |
| "I have worked closely with Matt for the past 10 years," said Trautman. "I have witnessed his commitment to our community, his passion for service and his dedication to making this place the best it can be. He has proven to the board, to our colleagues and to me that it is time for the final authority to rest with him." | ![image1a.jpg](image1a.jpg)<br>David L. Trautman |
|  | ![image1a.jpg](image1a.jpg)<br>David L. Trautman |
| As part of its succession planning, Park's board of directors conducted a thorough evaluation before proposing Miller as the organization's next CEO. The board voted to approve his appointment in its July 28 session. The transition reflects the board's commitment to strong governance and leadership continuity. | ![image1a.jpg](image1a.jpg)<br>David L. Trautman |
| "Mr. Miller's appointment continues Park's pattern of successful leadership transitions established by Everett D. Reese, John W. Alford, William T. McConnell and C. Daniel DeLawder over the last 65 years," said Park Lead Director Lee Zazworsky. He continued, "Matt has led increasingly important strategic and tactical initiatives and is well-suited to lead our organization in the future." | ![image2a.jpg](image2a.jpg)<br>Matthew R. Miller |
|  | ![image2a.jpg](image2a.jpg)<br>Matthew R. Miller |
| Miller has served as Park's president since 2019. Trautman has served in various leadership roles at Park for 42 years, including President from 2005 through 2019, CEO since 2014 and Board Chair since 2019. Under their combined leadership, Park has grown to reach more customers and communities by empowering bankers to deliver on Park's promise of providing exceptional service with empathy and integrity. | ![image2a.jpg](image2a.jpg)<br>Matthew R. Miller |

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|:---|
| Miller expressed his appreciation for the board's confidence, stating, "I'm grateful for the opportunity to continue my leadership journey at Park and look forward to working closely with David and the board. I will do all I can to ensure their faith is well placed." Miller continued, "David and I aren't finished with our work together. I value his wisdom and partnership as we continue into the future. We are eager to help Park be all it can be for colleagues, customers and communities alike." |
| **About Matthew R. Miller**<br>A native of New Madison, Ohio, Miller joined Park in 2009 and has held several key leadership roles, including Chief Accounting Officer, Executive Vice President and currently President. Prior to joining Park, he worked at Deloitte LLP in the Cleveland and Columbus, Ohio offices. |
| He is deeply committed to community service, having served on more than a dozen nonprofit and civic boards over the past decade, including the Ohio Bankers League, The Works, the Boys and Girls Club of Newark and the Buckeye Valley Family YMCA. |

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|:---|
| **About Park National Corporation**<br>Headquartered in Newark, Ohio, Park National Corporation has $9.9 billion in total assets (as of June 30, 2025). Park's banking operations are conducted through its subsidiary, The Park National Bank. Other Park subsidiaries are Scope Leasing, Inc. (d.b.a. Scope Aircraft Finance), Guardian Financial Services Company (d.b.a. Guardian Finance Company), Park Investments, Inc. and SE Property Holdings, LLC. |
| Media contact: Michelle Hamilton, 740.349.6014, media@parknationalbank.com |

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