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Parke Bancorp director receives 500 vested shares

The report also lists three direct stock-option positions, with exercise prices of $20.14, $12.29 and $21.66.

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Form Type
4

Rhea-AI Filing Summary

Parke Bancorp, Inc. (PKBK) director Elizabeth A. Milavsky reported conversion of 500 restricted stock units into 500 common shares on October 21, 2026. Each unit converts into one common share upon vesting, at 20% per year for five years. Her reported resulting positions included 2,000 restricted stock units and 35,778 directly held common shares; she also reported 15,912 common shares held indirectly through a 401(k).

Insider MILAVSKY ELIZABETH A
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Unit F1 500 $0.00 $0.00
Exercise Common Stock 500 $0.00 $0.00
Holding Stock Options Right-to-buy -- -- --
Holding Stock Options Right-to-buy -- -- --
Holding Stock Options Right-to-buy -- -- --
Holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Unit — 2,000 contracts (Direct); Common Stock — 35,778 shares (Direct); Stock Options Right-to-buy — 29,150 contracts (Direct); Common Stock — 15,912 shares (Indirect, 401K)
Holdings Before and After: Restricted Stock Unit, 2,500 to 2,000 contracts (Direct); Common Stock, 35,278 to 35,778 shares (Direct)
Footnotes (1)
  1. F1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
Restricted stock units converted 500 units October 21, 2026
Common shares received 500 shares October 21, 2026
Restricted stock units following transaction 2,000 units Reported after the October 21, 2026 transaction
Direct common shares following transaction 35,778 shares Reported after the October 21, 2026 transaction
Indirect common shares in 401(k) 15,912 shares Reported as held indirectly
Stock options 1,650 underlying common shares at a $20.14 exercise price Expiration: August 22, 2028
Stock options 22,500 underlying common shares at a $12.29 exercise price Expiration: April 24, 2030
Stock options 5,000 underlying common shares at a $21.66 exercise price Expiration: June 12, 2032
Restricted Stock Unit financial
"Each restricted stock unit converts into one share of common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting financial
"upon vesting, 20% per year for 5 years"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Stock Options Right-to-buy financial
"Stock Options Right-to-buy"

FAQ

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

How many PKBK shares did Elizabeth A. Milavsky receive from restricted stock units?

On October 21, 2026, 500 restricted stock units converted into 500 common shares. Each unit converts into one common share upon vesting, at 20% per year for five years.

What stock options did Elizabeth A. Milavsky report for PKBK?

The reported direct options covered 1,650 underlying common shares at a $20.14 exercise price, expiring August 22, 2028; 22,500 shares at $12.29, expiring April 24, 2030; and 5,000 shares at $21.66, expiring June 12, 2032.

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

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MILAVSKY ELIZABETH A

(Last)(First)(Middle)
601 DELSEA DR.

(Street)
SEWELL NEW JERSEY 08080

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PARKE BANCORP, INC. [ PKBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock10/21/2026M500A$035,778D
Common Stock15,912I401K
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options Right-to-buy$20.1408/22/201908/22/2028Common Stock1,6501,650D
Stock Options Right-to-buy$12.2904/24/202104/24/2030Common Stock22,50022,500D
Stock Options Right-to-buy$21.6606/13/202306/12/2032Common Stock5,0005,000D
Restricted Stock Unit$0(1)10/21/2026M50010/21/202610/21/2026Common Stock500$02,000D
Explanation of Responses:
1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
/s/ Elizabeth A. Milavsky, Jonathan D. Hill, Power of Attorney11/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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