[144] Parke Bancorp Inc. SEC Filing

Rhea-AI Filing Summary

Parke Bancorp, Inc. (PKBK) Form 144 notifies of a proposed sale of 4,500 common shares through Wells Fargo Clearing Services, with an aggregate market value of $101,062.70 and an approximate sale date of 08/28/2025 on Nasdaq. The filer reports those shares were acquired in the open market on 11/21/2002 and paid for in cash. The filing also lists recent sales by the same person, Jeffrey Kripitz, totaling 6,463 shares sold on dates between 08/13/2025 and 08/22/2025 with combined gross proceeds of $140,940.07.

Positive

• None.

Negative

• Insider selling disclosed: Multiple recent open-market sales by Jeffrey Kripitz (6,463 shares) and a new proposed sale of 4,500 shares are reported.
• Limited contextual information: Filing does not state remaining holdings, percentage ownership, or reasons for sales, restricting assessment of material impact.

Insights

Securities Analyst

TL;DR: Insiders have been disposing of shares recently; a new proposed sale is modest in size but warrants monitoring for context.

The Form 144 shows an insider or affiliated person, Jeffrey Kripitz, executed multiple open-market sales totaling 6,463 shares in mid-August 2025 and has filed to sell an additional 4,500 shares valued at about $101k on 08/28/2025. These are disclosed as open-market transactions with historical acquisition in 2002. From a securities-transaction perspective, the filing is routine compliance under Rule 144. The filing does not provide information about the filer’s remaining holdings, percentage ownership, or reasons for sale, so material interpretation about company fundamentals cannot be drawn from this document alone.

Corporate Governance Specialist

TL;DR: The disclosure meets Rule 144 requirements; recent insider sales are documented but the filing lacks additional corporate context.

This Form 144 properly identifies the broker, sale quantity, acquisition date, and recent dispositions by the same person. For governance review, the important facts are the open-market nature of acquisitions and sales and the filer’s attestation that no undisclosed material information is known. The filing does not include trading-plan information, holdings post-sale, or any indication of contemporaneous material events at the issuer, limiting governance conclusions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Wells Fargo Clearing Services 1 N. Jefferson Ave. St. Louis MO 63103	4500	101062.70	11847197	08/28/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/21/2002	Open Market Purchase	Open Market			4500	11/21/2002	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Jeffrey Kripitz 601 DELSEA DRIVE WASHINGTON TOWNSHIP NJ 08080	Common Shares of PKBK	08/13/2025	107	2353.42
Jeffrey Kripitz 601 DELSEA DRIVE WASHINGTON TOWNSHIP NJ 08080	Common Shares of PKBK	08/14/2025	1288	28010.15
Jeffrey Kripitz 601 DELSEA DRIVE WASHINGTON TOWNSHIP NJ 08080	Common Shares of PKBK	08/15/2025	105	2152.37
Jeffrey Kripitz 601 DELSEA DRIVE WASHINGTON TOWNSHIP NJ 08080	Common Shares of PKBK	08/19/2025	1600	33984.00
Jeffrey Kripitz 601 DELSEA DRIVE WASHINGTON TOWNSHIP NJ 08080	Common Shares of PKBK	08/22/2025	3363	74441.13

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Parke Bancorp (PKBK) Form 144 disclose?

The filing discloses a proposed sale of 4,500 common shares valued at $101,062.70 through Wells Fargo, plus recent sales of 6,463 shares by Jeffrey Kripitz between 08/13/2025 and 08/22/2025.

When is the approximate sale date listed on the Form 144 for PKBK?

The approximate date of the proposed sale is 08/28/2025.

How were the 4,500 shares being sold originally acquired?

The securities were acquired in an open-market purchase on 11/21/2002, and payment was made in cash.

Who executed the recent sales reported in the filing?

The recent sales were executed by Jeffrey Kripitz of Washington Township, NJ, through open-market transactions.

What broker is handling the proposed sale?

The broker named is Wells Fargo Clearing Services, address listed as 1 N. Jefferson Ave., St. Louis, MO 63103.