PKBK CLO exercises options and sells 14,675 shares

Rhea-AI Filing Summary

PARKE BANCORP, INC. Chief Lending Officer Nicholas J. Pantilione exercised stock options for 4,675 shares at $20.14 and 10,000 shares at $12.29, then sold 14,675 common shares at $28.29. He held 1,850 common shares directly afterward, plus 3,972 common shares through a 401(k), 15,000 stock options and 3,300 restricted stock units that vest 20% per year over five years.

Insider Trade Summary

Exercise and Sale: 14,675 shares ($198K approx. pre-tax spread)

Exercise and Sale 8 txns

Insider Pantilione Nicholas J

Role Chief Lending Officer

Sold 14,675 shs ($415K)

Approx. gross sale proceeds $415K

Approx. exercise cost $217K

Approx. pre-tax spread $198K

Type	Security	Shares	Price	Value
Exercise	Stock Options Right-to-buy	4,675	$20.14	$94K
Exercise	Stock Options Right-to-buy	10,000	$12.29	$123K
Sale	Common Stock	14,675	$28.29	$415K
Exercise	Common Stock	10,000	$12.29	$123K
Exercise	Common Stock	4,675	$20.14	$94K
holding	Stock Options Right-to-buy	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options Right-to-buy — 15,000 contracts (Direct); Common Stock — 16,525 shares (Direct); Restricted Stock Units — 3,300 contracts (Direct); Common Stock — 3,972 shares (Indirect, 401K)

Footnotes (1)

1. F1. 1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did PKBK executive Nicholas J. Pantilione report?

Nicholas J. Pantilione exercised options for 14,675 common shares and sold 14,675 shares at $28.29. The activity reflects option exercises and an offsetting open‑market sale on February 18, 2026, rather than a simple open‑market purchase or sale.

At what prices did Nicholas J. Pantilione exercise PARKE BANCORP (PKBK) options?

He exercised stock options for 4,675 shares at $20.14 and 10,000 shares at $12.29. These exercises converted derivative securities into common stock before the reported sale of 14,675 shares at a higher market price.

How many PARKE BANCORP (PKBK) shares did Pantilione sell in this Form 4?

He sold 14,675 shares of common stock at $28.29 per share in an open‑market or private transaction. This sale followed option exercises that produced an equal number of common shares on the same date.

What is Nicholas J. Pantilione’s remaining direct ownership in PKBK common stock?

After the reported transactions, he directly owned 1,850 common shares. In addition, he held 3,972 common shares indirectly through a 401(k) plan and also maintained stock options and restricted stock units as separate interests.

What stock options and RSUs does Pantilione hold in PARKE BANCORP (PKBK)?

He held 15,000 stock options following the transactions and 3,300 restricted stock units. Each restricted stock unit converts into one common share upon vesting, with vesting scheduled at 20% per year over five years.

How do Nicholas J. Pantilione’s RSUs in PKBK vest over time?

Each restricted stock unit converts into one share of common stock upon vesting. The RSUs vest at 20% per year over five years, gradually increasing his potential common stock holdings if he remains eligible through the vesting schedule.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/20/2026 - 09:54 AM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pantilione Nicholas J

(Last) (First) (Middle)

601 DELSEA DR.

(Street)

SEWELL NJ 08080

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PARKE BANCORP, INC. [ PKBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Lending Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		S		14,675	D	$28.29	1,850	D
Common Stock								3,972	I	401K
Common Stock	02/18/2026		M		10,000	A	$12.29	11,850	D
Common Stock	02/18/2026		M		4,675	A	$20.14	16,525	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options Right-to-buy	$20.14	02/18/2026		M			4,675	08/22/2019	08/22/2028	Common Stock	4,675	$20.14	0	D
Stock Options Right-to-buy	$12.29	02/18/2026		M			10,000	04/24/2021	04/24/2030	Common Stock	10,000	$12.29	0	D
Stock Options Right-to-buy	$21.66							06/13/2023	06/13/2032	Common Stock	15,000		15,000	D
Restricted Stock Units	$0.0000(1)							10/21/2026	10/21/2035	Common Stock	3,300		3,300	D

Explanation of Responses:

1. 1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.

	/s/ Nicholas J. Pantilione, Jonathan D. Hill, Power of Attorney	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.