[Form 4] Parke Bancorp Inc. Insider Trading Activity
Rhea-AI Filing Summary
Vito S. Pantilione, President & CEO and a director of Parke Bancorp (PKBK), filed a Form 4 reporting purchases on 07/31/2025. He bought 500 shares directly and 600 shares indirectly at $20.89 per share, totaling 1,100 shares. After the transactions he beneficially owns 227,760 shares directly and 16,142 indirectly; additional indirect holdings listed include 43,958 (IRA), 2,225 (spouse) and 15,640 (401K). The form was signed on 08/12/2025.
Positive
- Insider purchases: CEO Vito Pantilione bought a total of 1,100 shares on 07/31/2025 at $20.89 each
- Clear ownership disclosure: Form reports direct holdings of 227,760 shares and itemizes indirect holdings (ITF, IRA, spouse, 401K)
- Proper filing and signature: Form shows a dated signature (08/12/2025) and includes a power of attorney authorization
Negative
- None.
Insights
TL;DR: CEO purchased 1,100 PKBK shares at $20.89, raising direct holdings to 227,760 shares.
The filing shows Vito Pantilione executed two purchases on 07/31/2025: 500 shares direct and 600 shares indirect (ITF) at $20.89 per share. Total purchased equals 1,100 shares. Post-transaction direct beneficial ownership is reported as 227,760 shares, with several indirect accounts (IRA, spouse, 401K) disclosed separately. For investors, insider purchases are a factual data point about executive share accumulation; the filing provides clear quantities and ownership breakdowns but no information on intent or plan.
TL;DR: Filing documents routine insider purchases by the CEO and detailed indirect holdings; disclosure appears complete.
The Form 4 lists the reporting person as both President & CEO and a director, and it identifies purchase transactions dated 07/31/2025 with the Form signed 08/12/2025. It discloses direct and multiple indirect ownership categories (ITF, IRA, spouse, 401K). The signature includes a power of attorney (Jonathan D. Hill), indicating proper authorization. The report is a standard Section 16 disclosure with specific share counts and prices disclosed.