Parke Bancorp (PKBK) Form 4: Option Holdings and Same-Day Trades Reported
Rhea-AI Filing Summary
Jonathan D. Hill, Chief Financial Officer of Parke Bancorp, Inc. (PKBK), reported same-day transactions on 08/22/2025. The filing shows an acquisition of 2,000 shares at $19.03 (code M) and a sale of 2,000 shares at $22.09, leaving 8,000 shares beneficially owned. The report also discloses stock options with a $19.03 exercise price covering 10,000 underlying shares, exercisable starting 08/20/2029 and expiring 08/20/2034.
Positive
- Acquisition of 2,000 shares reported at $19.03
- Disclosure of stock options covering 10,000 underlying shares with explicit exercisability and expiration dates
- Form is signed and dated indicating compliance with Section 16 reporting
Negative
- Sale of 2,000 shares reported at $22.09
- Net direct holdings reduced to 8,000 shares following transactions
Insights
TL;DR: Insider executed offsetting cash transactions, net beneficial ownership unchanged; derivative holdings disclosed.
The Form 4 shows an intraday acquisition of 2,000 shares at $19.03 and a contemporaneous sale of 2,000 shares at $22.09, resulting in 8,000 shares reported as beneficially owned. Table II discloses 10,000 underlying shares from stock options with a $19.03 strike and exercisable/expiration dates of 08/20/2029 and 08/20/2034. For investors, these are routine Section 16 reporting items documenting exercised/treated option-related activity and open option positions.
TL;DR: Filing is a routine insider disclosure showing both open option positions and executed share transactions by the CFO.
The report is properly signed and dated 08/25/2025 and identifies Jonathan D. Hill as CFO. It documents a purchase transaction labelled with code M and an offsetting sale, plus remaining direct ownership of 8,000 shares and indirect/derivative exposure to 10,000 shares via options. The filing contains no new governance actions, executive departures, or material disclosures beyond required insider transaction reporting.
FAQ
What transactions did PKBK insider Jonathan D. Hill report on Form 4?
How many Parke Bancorp (PKBK) shares does the reporting person beneficially own after the transactions?
Does the Form 4 disclose any stock options for PKBK?
What is the role of the reporting person at PKBK?
When was the Form 4 signed?