[Form 4] PARKE BANCORP, INC. Insider Trading Activity
Vito S. Pantilione, President & CEO and Director of Parke Bancorp, Inc. (PKBK), reported Form 4 transactions dated 09/29/2025 showing non-derivative and derivative positions. The filing records a disposition of 1,200 common shares and a simultaneous entry of 1,200 common shares (both coded G) at $21.74 per share. Following the reported transactions, Mr. Pantilione beneficially owns 235,129 shares directly, plus indirect holdings across ITF, IRA, spouse, and 401(k) accounts. He also holds stock options covering 13,200 and 22,500 shares exercisable through 2028 and 2030 respectively.
- Sizeable direct ownership retained: 235,129 common shares reported following the transactions
- Long-dated option coverage: stock options underlying 13,200 and 22,500 shares exercisable through 08/22/2028 and 04/24/2030
- Reported disposition of 1,200 shares (transaction code G) on 09/29/2025
- Multiple indirect holdings (ITF, IRA, spouse, 401K) which may complicate clear control/beneficial ownership analysis
Insights
TL;DR: Routine insider disclosure showing modest share movement and substantial ongoing equity and option holdings.
The Form 4 discloses a same-day coded-G disposition and acquisition of 1,200 shares at $21.74, indicating a non-sale transfer such as a gift or similar transaction rather than a market sale. Materially, Mr. Pantilione retains a sizeable direct stake of 235,129 shares and holds two option tranches totaling 35,700 underlying shares with exercise prices of $20.14 and $12.29 expiring in 2028 and 2030. For investors, the filing documents ongoing executive equity exposure but contains no indication of opportunistic market selling or large position changes.
TL;DR: Disclosure appears complete for the reported transactions; transactions coded G suggest transfers consistent with personal or family arrangements.
The report identifies Mr. Pantilione as both President & CEO and a Director, and it itemizes direct and indirect beneficial ownership across multiple account types (ITF, IRA, spouse, 401K). The use of transaction code G for both a 1,200-share disposal and a 1,200-share acquisition on the same date is notable but documented. Signature and POA are provided. There are no governance red flags disclosed, such as abrupt large sales, option cancellations, or unexplained departures.