[Form 4] Parke Bancorp Inc. Insider Trading Activity
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.