Parke Bancorp (PKBK) director sells 11,000 shares after option exercise

Rhea-AI Filing Summary

PARKE BANCORP, INC. director Arret F. Dobson reported an option exercise and related share sale. Dobson exercised stock options covering 13,500 shares of common stock at $12.29 per share through an in-the-money derivative exercise, then sold 11,000 shares of common stock at $31.61 per share.

Following these transactions, Dobson holds 108,143 shares of common stock directly. He also retains equity incentives, including restricted stock units tied to 2,500 underlying shares that vest 20% per year over five years, and stock options covering 5,000 and 12,375 underlying shares at exercise prices of $21.66 and $20.14, respectively.

Insider Trade Summary

Net Seller: 11,000 shares ($347,710)

Net Sell 7 txns

Insider DOBSON ARRET F

Role null

Sold 11,000 shs ($348K)

Type	Security	Shares	Price	Value
X	Stock Options Right-to-buy	13,500	$12.29	$166K
X	Common Stock	13,500	$12.29	$166K
Sale	Common Stock	11,000	$31.61	$348K
holding	Stock Options Right-to-buy	--	--	--
holding	Stock Options Right-to-buy	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Options Right-to-buy — 0 shares (Direct, null); Common Stock — 119,143 shares (Direct, null); Restricted Stock Units — 2,500 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 11,000 shares Sale price: $31.61/share Options exercised: 13,500 shares +5 more

8 metrics

Shares sold 11,000 shares Common Stock sale at $31.61 per share

Sale price $31.61/share Price for 11,000 Common Stock shares sold

Options exercised 13,500 shares In-the-money derivative exercise of Common Stock

Exercise price $12.29/share Strike price for 13,500 exercised options

Post-transaction holdings 108,143 shares Common Stock held directly after transactions

RSU underlying shares 2,500 shares Restricted Stock Units converting into common stock

Remaining options 1 5,000 shares at $21.66 Stock options on Common Stock, unexercised

Remaining options 2 12,375 shares at $20.14 Stock options on Common Stock, unexercised

Key Terms

Restricted Stock Units, Stock Options Right-to-buy, in-the-money derivative exercise, open-market sale

4 terms

Restricted Stock Units financial

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

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 ... underlying security title: Common Stock ... conversion_or_exercise_price"

in-the-money derivative exercise financial

"transaction_action: in-the-money derivative exercise"

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								105,643	D
Common Stock	05/27/2026		X		13,500	A	$12.29	119,143	D
Common Stock	05/27/2026		S		11,000	D	$31.61	108,143	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	$12.29	05/27/2026		X			13,500	04/24/2021	04/24/2030	Common Stock	13,500	$12.29	0	D
Stock Options Right-to-buy	$20.14							08/22/2019	08/22/2028	Common Stock	12,375		12,375	D
Stock Options Right-to-buy	$21.66							06/13/2023	06/13/2032	Common Stock	5,000		5,000	D
Restricted Stock Units	$0.0000(1)							10/21/2026	10/21/2035	Common Stock	2,500		2,500	D

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 Dobson, Jonathan D. Hill, Power of Attorney	05/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did PKBK director Arret F. Dobson report?

Arret F. Dobson reported exercising stock options for 13,500 PARKE BANCORP (PKBK) shares at $12.29 and selling 11,000 common shares at $31.61. The filing shows both an option exercise and an open-market sale on the same date.

How many PARKE BANCORP (PKBK) shares does Arret F. Dobson now hold?

After the reported transactions, Arret F. Dobson directly holds 108,143 shares of PARKE BANCORP common stock. This figure reflects his remaining direct ownership position following the option exercise and subsequent sale disclosed in the Form 4.

At what prices did the PKBK director exercise options and sell shares?

Dobson exercised stock options at an exercise price of $12.29 per share for 13,500 PARKE BANCORP shares. He then sold 11,000 common shares at $31.61 per share in an open-market or private transaction, as indicated by the transaction code S.

What stock options and RSUs does the PKBK director still hold?

Dobson retains restricted stock units tied to 2,500 PARKE BANCORP shares that vest 20% annually over five years. He also holds stock options on 5,000 shares at $21.66 and 12,375 shares at $20.14, all with future expiration dates.

Is the Dobson Form 4 for PKBK mainly a sale or an option exercise?

The Form 4 shows both actions: an in-the-money option exercise for 13,500 shares and a sale of 11,000 shares. Overall, it reflects a combination of acquiring shares through exercise and disposing of shares through an open-market transaction.