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Parke Bancorp director converts stock units to 500 shares

The director's reported post-transaction position includes 106,143 common shares and options at two exercise prices.

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Form Type
4

Rhea-AI Filing Summary

Parke Bancorp, Inc. director Arret F. Dobson converted 500 restricted stock units into 500 common shares on October 21, 2026. Each unit converts into one common share upon vesting, at 20% per year for five years. After the transaction, his reported direct holdings were 106,143 common shares and 2,000 restricted stock units. His reported direct options covered 12,375 common shares at a $20.14 exercise price, expiring August 22, 2028, and 5,000 common shares at a $21.66 exercise price, expiring June 13, 2032.

Insider DOBSON ARRET F
Role Director
Type Security Shares Price Value
Exercise 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 -- -- --
Holdings After Transaction: Restricted Stock Units — 2,000 contracts (Direct); Common Stock — 106,143 shares (Direct); Stock Options Right-to-buy — 17,375 contracts (Direct)
Holdings Before and After: Restricted Stock Units, 2,500 to 2,000 contracts (Direct); Common Stock, 105,643 to 106,143 shares (Direct)
Footnotes (1)
  1. F1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
Restricted stock units converted 500 units October 21, 2026
Common shares acquired 500 shares October 21, 2026
Common shares following transaction 106,143 shares Direct holdings reported after the October 21, 2026 transaction
Restricted stock units following transaction 2,000 units Reported after the October 21, 2026 transaction
Underlying common shares 12,375 shares Options with a $20.14 exercise price, expiring August 22, 2028
Exercise price $20.14 per share Options covering 12,375 common shares, expiring August 22, 2028
Underlying common shares 5,000 shares Options with a $21.66 exercise price, expiring June 13, 2032
Exercise price $21.66 per share Options covering 5,000 common shares, expiring June 13, 2032
Restricted Stock Units financial
"Each restricted stock unit converts into one share of common stock upon vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"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.
Stock Options Right-to-buy financial
"Stock Options Right-to-buy"

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SEC Form 4
FORM 4UNITED 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*
DOBSON ARRET F

(Last)(First)(Middle)
601 DELSEA DR.

(Street)
SEWELL NEW JERSEY 08080

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PARKE BANCORP, INC. [ PKBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock10/21/2026M500A$0106,143D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options Right-to-buy$20.1408/22/201908/22/2028Common Stock12,37512,375D
Stock Options Right-to-buy$21.6606/13/202306/13/2032Common Stock5,0005,000D
Restricted Stock Units$0(1)10/21/2026M50010/21/202610/21/2026Common Stock500$02,000D
Explanation of Responses:
1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
/s/ Arret F. Dobson, Jonathan D. Hill, Power of Attorney11/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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