Parks discloses PBAM stock holdings on Form 3
Private Bancorp of America, Inc. director James R. Parks reported his initial ownership of the company’s common stock.
Rhea-AI Filing Summary
Private Bancorp of America, Inc. director James R. Parks reported his initial ownership of the company’s common stock. He reported 76,956 shares held directly and 53,333 shares held indirectly through APW Avenue Group, a real estate investment firm. A related partnership and corporate structure may give Mr. Parks voting and investment power over the indirectly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PARKS JAMES R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,333 shares (Indirect, By APW Avenue Group);
Common Stock — 76,956 shares (Direct)
Footnotes (1)
- F1. The shares are held by APW Avenue Group, a real estate investment firm. Mr. Parks, as the Chairman of MP Core Inc., the general partner of APW Partners, which is the general partner of APW Avenue Group, may be deemed to have voting and investment power.
Key Figures
Direct common shares: 76,956 shares
Indirect common shares: 53,333 shares
Total reported common shares: 130,289 shares
3 metrics
Direct common shares
76,956 shares
Directly held by James R. Parks following the reported holdings as of 2026-07-29
Indirect common shares
53,333 shares
Held indirectly through APW Avenue Group, with potential voting and investment power
Total reported common shares
130,289 shares
Sum of direct and indirect PBAM common stock reported by James R. Parks
Key Terms
voting and investment power, general partner, indirect
3 terms
voting and investment power financial
"may be deemed to have voting and investment power"
general partner financial
"the general partner of APW Partners, which is the general partner"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
indirect financial
"total_shares_following_transaction"... "ownership_type": "indirect""
FAQ
What did James R. Parks report on his Form 3 for PBAM?
James R. Parks reported his initial beneficial ownership of Private Bancorp of America, Inc. (PBAM) common stock, including both directly held shares and indirectly held shares through an affiliated investment entity.
Through what entity are James R. Parks’ indirect PBAM holdings held?
The indirect holdings are reported as held by APW Avenue Group, a real estate investment firm. Mr. Parks’ roles in related entities may give him voting and investment power over these shares.
Does the Form 3 for PBAM show any recent buying or selling by James R. Parks?
The Form 3 for PBAM lists share holdings only and does not report any specific buy or sell transactions. It serves as an initial statement of beneficial ownership for James R. Parks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
