[144] Parke Bancorp Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice filed for Parke Bancorp, Inc. (PKBK). The filer notifies intent to sell 3,363 common shares through Wells Fargo Clearing Services on 08/22/2025, with an aggregate market value reported as $74,441.13. The securities were originally acquired in the open market on 11/21/2002 and paid for in cash. The filing also discloses recent sales by the same person: 3,000 shares sold across four trades between 08/13/2025 and 08/19/2025 with total gross proceeds shown by trade. Outstanding shares are listed as 11,847,197, which provides context for the size of the proposed sale relative to the company’s share count. The notice includes the standard signature attestation regarding absence of undisclosed material adverse information.

Insights

Securities Compliance Analyst

TL;DR: Routine Rule 144 notice for a small insider/affiliate sale; paperwork appears to disclose required recent transactions.

The filing documents a proposed sale under Rule 144 and lists prior sales in the preceding three months. The information includes acquisition date, nature of acquisition, broker, proposed sale date, number of shares, and aggregate market value. From a compliance perspective, the form meets the typical disclosure elements required for a Rule 144 notice and contains the attestation regarding material nonpublic information. No enforcement flags or omissions are evident within the provided text.

Equity Research Analyst

TL;DR: The proposed sale size is small relative to total shares outstanding and appears immaterial to company valuation.

The notice shows a sale of 3,363 shares against 11,847,197 shares outstanding, indicating the transaction represents a very small fraction of the float. Recent disclosed sales totaling 3,000 shares over several days are also noted. These volumes, as reported here, are unlikely to have a material impact on company capitalization or investor valuation metrics based solely on the figures provided in this notice.

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	3363	74441.13	11847197	08/22/2025	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			3363	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

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 Form 144 for PKBK disclose?

The filing discloses a proposed sale of 3,363 common shares via Wells Fargo on 08/22/2025 with aggregate market value $74,441.13.

Who is the seller named in the Form 144 for PKBK?

The seller executing recent transactions is Jeffrey Kripitz, whose address is listed and who sold shares on multiple dates in August 2025.

How many shares were sold in the past three months for PKBK according to the filing?

The filing lists four sales totaling 3,000 shares on 08/13/2025, 08/14/2025, 08/15/2025, and 08/19/2025 with reported gross proceeds per trade.

When were the securities being offered for sale originally acquired?

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

What is the total number of shares outstanding reported in the Form 144?

The filing reports 11,847,197 shares outstanding for the issuer.