Parke Bancorp CEO buys 1,300 shares of stock
Parke Bancorp, Inc. President & CEO Vito S. Pantilione purchased 1,300 shares of common stock on July 29, 2026 at $33.68 per share in an open-market transaction.
Rhea-AI Filing Summary
Parke Bancorp, Inc. President & CEO Vito S. Pantilione purchased 1,300 shares of common stock on July 29, 2026 at $33.68 per share in an open-market transaction. He also reported a bona fide gift of 800 shares associated with an ITF indirect account on July 30, 2026, with 19,642 shares indirectly held in that account after the transfer.
Reported equity interests include stock options covering 13,200 shares at an exercise price of $20.14 expiring August 22, 2028, options for 22,500 shares at $12.29 expiring April 24, 2030, and 2,500 restricted stock units that convert 1:1 into common stock, vesting 20% per year for five years.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,300 shares
Net Buy
9 txns
Insider
PANTILIONE VITO S
Role
President & CEO
Bought
1,300 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 800 | $0.00 | $0.00 |
| Gift | Common Stock | 800 | $0.00 | $0.00 |
| Purchase | Common Stock | 1,300 | $33.68 | $44K |
| holding | Stock Options Right-to-buy | -- | -- | -- |
| holding | Stock Options Right-to-buy | -- | -- | -- |
| holding | Restricted Stock Units F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 19,642 shares (Indirect, ITF);
Common Stock — 237,129 shares (Direct);
Stock Options Right-to-buy — 35,700 contracts (Direct);
Restricted Stock Units — 2,500 contracts (Direct);
Common Stock — 43,958 shares (Indirect, IRA);
Common Stock — 2,225 shares (Indirect, Spouse);
Common Stock — 15,640 shares (Indirect, 401K)
Footnotes (1)
- F1. Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
Key Figures
Open-market purchase: 1,300 shares at $33.68
Bona fide gift: 800 shares
Stock options, grant 1: 13,200 underlying shares at $20.14
+2 more
5 metrics
Open-market purchase
1,300 shares at $33.68
Common Stock purchased on July 29, 2026 by President & CEO Vito S. Pantilione
Bona fide gift
800 shares
Gift transaction associated with ITF indirect holding on July 30, 2026, leaving 19,642 shares indirectly held
Stock options, grant 1
13,200 underlying shares at $20.14
Stock Options Right-to-buy expiring August 22, 2028, exercisable into Common Stock
Stock options, grant 2
22,500 underlying shares at $12.29
Stock Options Right-to-buy expiring April 24, 2030, exercisable into Common Stock
Restricted Stock Units
2,500 units, exercise price $0.00
Convert 1:1 into common stock, vesting 20% per year for 5 years; expiration October 21, 2035
Key Terms
Bona fide gift, Restricted Stock Units, Stock Options Right-to-buy, ITF
4 terms
Bona fide gift regulatory
"transaction_code_description: "Bona fide gift" for 800-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with 2,500 underlying shares"
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
"security_title: "Stock Options Right-to-buy" with exercise prices of 20.1400"
ITF financial
"nature_of_ownership: "ITF" indicating indirect ownership of common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock transaction did Parke Bancorp (PKBK) CEO Vito S. Pantilione report?
Vito S. Pantilione reported buying 1,300 shares of Parke Bancorp common stock. The purchase occurred on July 29, 2026 at a price of $33.68 per share in an open-market or private transaction, increasing his directly held common stock position.
Did the Parke Bancorp (PKBK) CEO report any gifts of company stock?
Yes. Pantilione reported a bona fide gift of 800 shares of Parke Bancorp common stock on July 30, 2026. The transaction is tied to an ITF indirect holding, which showed 19,642 shares of common stock indirectly held in that account after the transfer.
What stock options does the Parke Bancorp (PKBK) CEO hold according to this filing?
Pantilione reported stock options tied to 13,200 Parke Bancorp shares at an exercise price of $20.14, expiring August 22, 2028, and options tied to 22,500 shares at $12.29, expiring April 24, 2030, all held directly as rights to buy common stock.
How many restricted stock units (RSUs) in PKBK stock does the CEO hold and how do they vest?
He holds 2,500 restricted stock units linked to Parke Bancorp common stock. Each RSU converts into one share upon vesting, with vesting scheduled at 20% per year over five years, according to the RSU footnote, and an expiration date of October 21, 2035.
Were the Parke Bancorp (PKBK) CEO’s reported trades made under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not marked as an affirmative plan. There is no referenced trading plan footnote, so the reported 1,300-share purchase and 800-share gift are not characterized here as occurring under a pre-arranged Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
