Parke Bancorp director converts units into 500 shares
His reported direct options included 12,375 underlying common shares at a $20.14 exercise price, expiring August 22, 2028.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Parke Bancorp, Inc. (PKBK) director Edward Infantolino reported disposing 500 restricted stock units to the issuer and acquiring 500 common shares on October 21, 2026. Each unit converts into one share upon vesting, at 20% per year for five years. Afterward, he reported 7,821 common shares and 2,000 restricted stock units directly, plus indirect holdings of 8,400 shares in an IRA, 179,825 through Celebration Investments, LLC, and 2,111 identified as Kids Names.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
INFANTOLINO EDWARD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Restricted Stock Units 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 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,000 contracts (Direct);
Common Stock — 7,821 shares (Direct);
Stock Options Right-to-buy — 39,875 contracts (Direct);
Common Stock — 8,400 shares (Indirect, IRA);
Common Stock — 179,825 shares (Indirect, Celebration Investments, LLC);
Common Stock — 2,111 shares (Indirect, Kids Names)
Holdings Before and After:
Restricted Stock Units, 2,500 to 2,000 contracts (Direct);
Common Stock, 7,321 to 7,821 shares (Direct)
Footnotes (1)
- F1. 1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
Key Figures
Restricted stock units disposed: 500 restricted stock units
Common shares acquired: 500 shares
Common shares held directly: 7,821 shares
+5 more
8 metrics
Restricted stock units disposed
500 restricted stock units
Disposed to the issuer on October 21, 2026
Common shares acquired
500 shares
Acquired on October 21, 2026
Common shares held directly
7,821 shares
Reported after the transactions
Restricted stock units held directly
2,000 units
Reported after the transaction
Direct stock option position
12,375 underlying common shares at a $20.14 exercise price
Expiration date: August 22, 2028
Direct stock option position
22,500 underlying common shares at a $12.29 exercise price
Expiration date: April 24, 2030
Direct stock option position
5,000 underlying common shares at a $21.66 exercise price
Expiration date: June 13, 2032
Indirect common-share holdings
8,400 shares in an IRA; 179,825 through Celebration Investments, LLC; 2,111 identified as Kids Names
Reported as indirect holdings
Key Terms
restricted stock unit, vesting, derivative security, exercise price
4 terms
restricted stock unit financial
"Each restricted stock unit converts into one share of common stock upon vesting"
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
"converts into one share of common stock 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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"Stock Options Right-to-buy at a $20.14 exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock transactions did PKBK director Edward Infantolino report?
On October 21, 2026, he reported disposing of 500 restricted stock units to the issuer and acquiring 500 common shares. Each unit converts into one common share upon vesting, at 20% per year for five years.
What stock options did PKBK director Edward Infantolino report?
His reported direct options covered 12,375 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 13, 2032.
AI-generated analysis. How Rhea-AI works. Not financial advice.
