Parke Bancorp (PKBK) CEO adds to stake with small open‑market share buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PARKE BANCORP, INC. President & CEO Vito S. Pantilione made an open‑market purchase of 100 shares of Common Stock at $26.995 per share. Following this buy, he directly holds 236,229 common shares.
He also has stock options on 13,200 shares at $20.14 expiring on August 22, 2028, options on 22,500 shares at $12.29 expiring on April 24, 2030, and 2,500 restricted stock units that vest 20% per year over five years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100 shares ($2,700)
Net Buy
8 txns
Insider
PANTILIONE VITO S
Role
President & CEO
Bought
100 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100 | $26.995 | $3K |
| holding | Stock Options Right-to-buy | -- | -- | -- |
| holding | Stock Options Right-to-buy | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 236,229 shares (Direct);
Stock Options Right-to-buy — 13,200 shares (Direct);
Restricted Stock Units — 2,500 shares (Direct);
Common Stock — 17,942 shares (Indirect, ITF)
Footnotes (1)
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FAQ
What did PARKE BANCORP (PKBK) CEO Vito Pantilione do in this Form 4?
Vito S. Pantilione, President & CEO of Parke Bancorp, bought 100 shares of Common Stock in an open‑market trade at $26.995 per share. This filing also updates his direct, option, restricted stock unit, and indirect ownership positions.
What derivative awards and RSUs does the PARKE BANCORP (PKBK) CEO have?
The CEO holds stock options on 13,200 common shares at $20.14 expiring August 22, 2028, and 22,500 shares at $12.29 expiring April 24, 2030. He also has 2,500 restricted stock units that convert into common stock, vesting 20% per year over five years.
What indirect PARKE BANCORP (PKBK) holdings are reported for the CEO?
The filing shows indirect ownership of common stock through several accounts: 17,942 shares ITF, 43,958 shares in an IRA, 2,225 shares held by his spouse, and 15,640 shares in a 401(k). These are in addition to his direct holdings and equity awards.
Is this PARKE BANCORP (PKBK) Form 4 mainly a buy or a sell filing?
This Form 4 reflects a net‑buy activity. It reports one open‑market purchase of 100 common shares and no sales. Other entries in the filing are holdings updates for options, restricted stock units, and indirect accounts rather than new buy or sell transactions.