Parke Bancorp lending chief acquires 660 shares
The reported direct option position covers 15,000 common shares at a $21.66 exercise price, with an expiration date of June 13, 2032.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Parke Bancorp, Inc. (PKBK) Chief Lending Officer Nicholas J. Pantilione reported a derivative conversion with a disposition of 500 restricted stock units on October 21, 2026; the footnote says each unit converts into one common share upon vesting, 20% per year for five years. He also reported acquiring 660 common shares that day. Reported post-transaction positions were 2,000 restricted stock units and 2,510 directly held common shares, plus 3,972 common shares held indirectly through a 401K. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1 | 500 | $0.00 | $0.00 |
| Exercise | Common Stock | 660 | $0.00 | $0.00 |
| Holding | Stock Options Right-to-buy | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
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
Key Terms
Restricted Stock Units financial
vesting technical
Stock Options Right-to-buy financial
FAQ
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What transactions did PKBK Chief Lending Officer Nicholas J. Pantilione report?
What options does Nicholas J. Pantilione hold at PKBK?
AI-generated analysis. How Rhea-AI works. Not financial advice.