STOCK TITAN

Parke Bancorp director receives 500 shares in conversion

The director's reported position also includes 125,488 directly held common shares and two listed option positions.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
(Neutral)

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. director Jack C. Sheppard Jr. reported converting 500 Restricted Stock Units into 500 shares of common stock on October 21, 2026. After the transaction, he reported 2,000 Restricted Stock Units and 125,488 directly held common shares.

He also reported directly held options covering 12,375 common shares at an exercise price of $20.14, expiring August 22, 2028, and 5,000 common shares at $21.66, expiring June 13, 2032. His reported indirect holdings included 522 common shares held by his spouse.

Insider SHEPPARD JACK C JR
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 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 Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 2,000 contracts (Direct); Common Stock — 125,488 shares (Direct); Stock Options Right-to-buy — 17,375 contracts (Direct); Common Stock — 522 shares (Indirect, Spouse)
Holdings Before and After: Restricted Stock Units, 2,500 to 2,000 contracts (Direct); Common Stock, 124,988 to 125,488 shares (Direct)
Restricted Stock Units converted 500 units October 21, 2026
Common shares acquired in conversion 500 shares October 21, 2026
Restricted Stock Units following transaction 2,000 units Direct holdings after the transaction
Direct common shares following transaction 125,488 shares Direct holdings after the transaction
Option underlying shares and exercise price 12,375 shares at $20.14 per share Options expiring August 22, 2028
Option underlying shares and exercise price 5,000 shares at $21.66 per share Options expiring June 13, 2032
Indirect common shares held by spouse 522 shares Indirect holdings reported for the director
Restricted Stock Units financial
"500 Restricted Stock Units"
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.
Stock Options Right-to-buy financial
"Stock Options Right-to-buy"
exercise price financial
"$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.

How many PKBK shares did Jack C. Sheppard Jr. receive?

On October 21, 2026, Jack C. Sheppard Jr. converted 500 Restricted Stock Units into 500 shares of common stock.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
SHEPPARD JACK C JR

(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$0125,488D
Common Stock522ISpouse
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$010/21/2026M50010/21/202610/21/2026Common Stock500$02,000D
Explanation of Responses:
/s/ Jack C. Sheppard Jr., 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)

Keep reading