R. Edward Nestlerode Jr. - 25 Jul 2025 Form 4 Insider Report for PENNS WOODS BANCORP INC (PWOD)

Reporting relationship: Director
Issuer ticker: PWOD
Reported as of: 25 Jul 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 28 Jul 2025, 12:14:14 UTC
Prior SEC filing: 31 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Michelle M. Karas, Attorney in Fact

Key filing fact

R. Edward Nestlerode Jr. filed Form 4 for PENNS WOODS BANCORP INC (PWOD) on 28 Jul 2025.

Key facts

This page summarizes R. Edward Nestlerode Jr.'s Form 4 filing for PENNS WOODS BANCORP INC (PWOD).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 28 Jul 2025, 12:14.

Change

Previous filing in this sequence was filed on 31 Jan 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001195369 Primary reporting owner

NESTLERODE R EDWARD JR

Relationship: Director
Address: 50 WEST GREENRIDGE DRIVE, LOCK HAVEN
Signature: /s/ Michelle M. Karas, Attorney in Fact
Signature date: 28 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PWOD transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -44,834
Change %: -100%
Price
Shares after: 0
Date: 25 Jul 2025
Ownership: Direct
Footnotes: F1, F2

PWOD transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -3,665
Change %: -100%
Price
Shares after: 0
Date: 25 Jul 2025
Ownership: Company
Footnotes: F1

PWOD transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -2,977
Change %: -100%
Price
Shares after: 0
Date: 25 Jul 2025
Ownership: Wife
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

R. Edward Nestlerode Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote 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.

Footnote F2

Includes 923 Dividend Reinvestment Shares.