PKBK Rule 144 notice: 10,900 Class A shares to be sold via UBS on Aug 25, 2025

Rhea-AI Filing Summary

Parke Bancorp Inc. (PKBK) Form 144 notice: An owner plans to sell 10,900 Class A common shares through UBS Financial Services Inc. on 08/25/2025 on NASDAQ, with an aggregate market value of $245,250. The filing reports 11,847,197 shares outstanding, so the proposed sale equals approximately 0.092% of outstanding shares. The shares were originally acquired from the issuer on 01/15/1999 for cash; the acquisition record shows 146,619 shares acquired at that time. The filer affirms no undisclosed material adverse information and follows the Rule 144 notice requirements.

Positive

• Orderly sale via broker: Transaction is to be executed through UBS Financial Services Inc., indicating a standard market execution channel
• Small relative size: Proposed sale equals approximately 0.092% of outstanding shares, suggesting limited market impact
• Long-held position: Shares were acquired on 01/15/1999, indicating a long-term holding rather than a recent accumulation

Negative

• None.

Insights

Securities Analyst

TL;DR: Small, routine insider sale filed under Rule 144; likely immaterial to valuation given size.

The filing documents a proposed sale of 10,900 Class A shares via an institutional broker with an indicated market value of $245,250. Relative to the reported 11.85 million shares outstanding, the sale represents roughly 0.092% of the float, which is a de minimis dilution and unlikely to move market pricing by itself. The shares were originally purchased from the issuer in 1999 and payment was in cash, suggesting a long-held position. No recent sales in the past three months are reported. Overall, this is a compliance disclosure of an intended sale rather than a signal of material corporate change.

Corporate Governance Expert

TL;DR: Filing meets Rule 144 disclosure norms; confirms insider representation about material information.

The notice includes standard attestations that the seller is not aware of undisclosed material adverse information. The use of a broker and the small size of the proposed transaction indicate an orderly market-sale process. The long duration since acquisition (1999) may reflect routine personal liquidity needs rather than governance issues. No governance actions, resignations, or unusual transactions are disclosed in this document.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/25/2025 - 04:57 PM Learn about SEC filing dates

FAQ

What does Parke Bancorp (PKBK) Form 144 disclose?

The filing discloses an intended sale of 10,900 Class A common shares via UBS on 08/25/2025 with aggregate market value $245,250.

How large is the proposed sale relative to PKBK shares outstanding?

The filing reports 11,847,197 shares outstanding, making the proposed sale about 0.092% of outstanding shares.

When and how were the shares being sold originally acquired?

The shares were acquired from the issuer on 01/15/1999 in a cash purchase; the acquisition table lists 146,619 shares acquired on that date.

Does the Form 144 indicate other recent sales by the filer?

No. The section for securities sold during the past three months is marked Nothing to Report.

Does the filer attest to any undisclosed material information?

Yes. The filer signs a representation that they do not know of any material adverse information about the issuer that has not been publicly disclosed.

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
CLASS A COMMON SHARES	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	10900	245250	11847197	08/25/2025	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 *
CLASS A COMMON SHARES	01/15/1999	PURCHASED FROM ISSUER	ISSUER			146619	01/15/1999	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

Nothing to Report

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)