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Parke Bancorp (NASDAQ: PKBK) holder plans Rule 144 share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Parke Bancorp has a planned sale notice under Rule 144 for its common stock. The person for whose account the securities may be sold intends to sell up to 22,500 shares of common stock through Raymond James & Associates on the NASDAQ, with an aggregate market value of 276,525.00. The approximate date of sale is listed as 01/26/2026.

The filing states that these shares were acquired on 04/24/2020 via a cashless stock option exercise from the issuer. The number of common shares outstanding is shown as 11,595,553, which serves as a baseline for the company’s total equity. The form includes the standard representation that the person does not know of any undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Parke Bancorp (PKBK) Form 144 filing show?

The Form 144 shows a planned sale under Rule 144 of up to 22,500 shares of Parke Bancorp common stock, with an aggregate market value of 276,525.00, to be sold through Raymond James & Associates on the NASDAQ around 01/26/2026.

How many Parke Bancorp (PKBK) shares are planned to be sold and what is their value?

The notice covers a proposed sale of 22,500 common shares of Parke Bancorp with an aggregate market value of 276,525.00.

How were the Parke Bancorp (PKBK) shares in this Form 144 acquired?

The shares covered by the Form 144 were acquired on 04/24/2020 through a cashless stock option exercise from the issuer.

What is the total number of Parke Bancorp (PKBK) shares outstanding mentioned in the filing?

The filing states that 11,595,553 shares of Parke Bancorp common stock are outstanding, providing context for the company’s overall equity base.

Which broker and exchange are involved in the planned Parke Bancorp (PKBK) share sale?

The planned sale is to be executed through Raymond James & Associates and lists the NASDAQ as the securities exchange.

Does the Form 144 filer claim to know any undisclosed negative information about Parke Bancorp (PKBK)?

No. By signing the notice, the person for whose account the shares may be sold represents that they do not know any material adverse information about Parke Bancorp’s current or prospective operations that has not been publicly disclosed.
Parke Bancorp Inc

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