Parke Bancorp names Michael Regina to its board

The board approved bylaws amendments to remove the 50-mile residency rule and 25,000-share director ownership minimum.

Rhea-AI Filing Summary

Parke Bancorp, Inc. (PKBK) appointed Michael L. Regina to its Board of Directors on September 22, 2026, to serve until the next annual meeting of stockholders. He was also appointed to Parke Bank’s board, and his committee assignments will be determined later. Regina is founder and co-owner of Big Sky Enterprises and Global Post Auditing Solutions, and has more than two decades of business leadership, entrepreneurship, and commercial real estate development experience.

The board approved amendments to the bylaws to remove the director residency requirement of living within 50 miles of Parke Bank’s office and the minimum ownership requirement of 25,000 shares of common stock.

8-K Event Classification

3 items: 5.02, 5.03, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance

The company amended its charter documents, bylaws, or changed its fiscal year.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Director residency requirement: Within 50 miles Minimum director share ownership: 25,000 shares of common stock Business leadership experience: More than two decades

3 metrics

Director residency requirement Within 50 miles Bylaw eligibility rule approved for removal on September 22, 2026; measured from Parke Bank’s office

Minimum director share ownership 25,000 shares of common stock Bylaw eligibility rule approved for removal on September 22, 2026

Business leadership experience More than two decades Michael L. Regina’s business leadership, entrepreneurship, and commercial real estate development experience

Key Terms

residency requirement, minimum share ownership, Amended and Restated Bylaws, Item 404(a) of Regulation S-K

4 terms

residency requirement regulatory

"imposed a residency requirement on board members"

minimum share ownership regulatory

"required minimum share ownership for directors"

Amended and Restated Bylaws regulatory

"A copy of the amended and restated bylaws"

A company’s amended and restated bylaws are its internal rulebook rewritten to include all changes in one updated document, replacing the old bylaws. For investors, this matters because the bylaws set how the board, shareholders and officers make decisions, hold votes and handle disputes; a new consolidated version can change voting rights, control mechanisms or procedures that affect corporate governance and the value or risk of an investment.

Item 404(a) of Regulation S-K regulatory

"required to be disclosed by Item 404(a) of Regulation S-K"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who joined Parke Bancorp (PKBK)’s board?

Parke Bancorp appointed Michael L. Regina to its Board of Directors on September 22, 2026, to serve until the next annual meeting of stockholders. He was also appointed to Parke Bank’s board. Regina is founder and co-owner of Big Sky Enterprises and Global Post Auditing Solutions.

What director eligibility rules did Parke Bancorp (PKBK) approve removing?

Parke Bancorp’s board approved amendments to remove the requirement that directors live within 50 miles of Parke Bank’s office and the minimum ownership requirement of 25,000 shares of common stock. The board approved the amendments on September 22, 2026.

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

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false 0001315399 0001315399 2026-09-22 2026-09-22

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 22, 2026

PARKE BANCORP, INC.

(Exact name of registrant as specified in its charter)

New Jersey	0-51338	65-1241959
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

601 Delsea Drive

Washington Township, New Jersey 08080

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (856) 256-2500

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, Par Value $0.10 per share	PKBK	The Nasdaq Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Page 1

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 22, 2026, the Board of Directors of Parke Bancorp, Inc. (the “Registrant”) appointed Michael L. Regina to serve on its Board of Directors. He will serve until the next annual meeting of stockholders. Mr. Regina will become a member of several committees, to be determined at a later date. Mr. Regina is the founder and co-owner of two businesses: Big Sky Enterprises which specializes in project management and general contracting, and Global Post Auditing Solutions which specializes in post-auditing freight payments for companies that outsource their freight payments. Mr. Regina has also been appointed to serve on the Board of Directors of Parke Bank. Mr. Regina was not appointed to the Board of Directors pursuant to any arrangement or understanding with any party. There are no transactions between the Registrant and Mr. Regina of the type required to be disclosed by Item 404(a) of Regulation S-K. For further information, reference is made to the Company’s press release dated September 24, 2026, which is filed herewith as Exhibit 99.1, and incorporated by reference herein.

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On September 22, 2026, the Board of Directors of the Registrant approved two amendments to the Registrant’s Bylaws. Specifically, the Board approved removing Article III, Section 3 and Section 16 which imposed certain eligibility requirements on members of the Board. Section 3 had imposed a residency requirement on board members of no more than 50 miles from the office of Parke Bank. Section 16 required minimum share ownership for directors of 25,000 shares of common stock. A copy of the amended and restated bylaws is filed as Exhibit 3.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.	Description	Filed/Furnished Herewith
3.1	Amended and Restated Bylaws
99.1	Press Release dated September 24, 2026
104	Cover Page Interactive Data File

Page 2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 24, 2026	PARKE BANCORP, INC.
	By:	/s/ Jonathan D. Hill
	Name: Jonathan D. Hill
	Title: Senior Vice President and Chief Financial Officer (Duly Authorized Representative)

Page 3

Exhibit 99.1

FOR IMMEDIATE RELEASE

Parke Bancorp, Inc. Appoints Entrepreneur Michael L. Regina to Board of Directors

WASHINGTON TOWNSHIP, N.J. — September 24, 2026 — Parke Bancorp, Inc. (NASDAQ: PKBK), the holding company for Parke Bank, today announced the appointment of prominent South Jersey and South Carolina entrepreneur Michael L. Regina to its Board of Directors.

Regina brings more than two decades of business leadership, entrepreneurship, and commercial real estate development experience to the board. He is the co-founder and principal of Big Sky Enterprises, a commercial real estate development, design-build, and finance firm founded in 2003 based in South Jersey. Big Sky Enterprises manages and oversees real estate projects, project financing, and construction across commercial, medical, educational, and community sectors.

In addition to his success with Big Sky Enterprises, Regina co-founded the Charleston, South Carolina based company Global Post Auditing Solutions in 2016, which specializes in auditing, cost recovery, and financial technology logistics.

"To say I'm excited would be an understatement," said Regina upon learning of his appointment. "I'm eager to roll up my sleeves and help bring forward the vision that was cast 27 years ago when the bank was founded."

Daniel J. Dalton, Chairman of the Board, echoed that enthusiasm, by saying “we are thrilled to welcome Michael Regina to the Board of Directors. His extensive experience in commercial real estate development, finance, and operational management—combined with his deep roots in the communities we serve—will bring valuable perspective to the board.”

Regina’s leadership in business and community development has previously earned him recognition as one of South Jersey’s leading young business executives.

About Parke Bancorp, Inc. and Parke Bank

Parke Bancorp, Inc. is the bank holding company for Parke Bank, a full-service commercial bank headquartered in Washington Township, New Jersey. Parke Bank provides a comprehensive range of financial services to individuals, small-to-medium-sized businesses, and commercial real estate developers through multiple branch locations across Southern New Jersey, the Philadelphia metropolitan region and the Greater Charleston, South Carolina metropolitan region. Parke Bancorp’s common stock is traded on the NASDAQ Capital Market under the symbol "PKBK."

Media Contact:

Investor Relations / Corporate Communications

Parke Bancorp, Inc.

601 Delsea Drive

Washington Township, NJ 08080

Phone: (856) 256-2500

Website: www.parkebank.com

Filing Exhibits & Attachments

6 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 7.1 KB

Other Documents

• EX-3.1 EXHIBIT 3.1 71.4 KB
• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.5 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 11.5 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 15.5 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.7 KB