Parke Bancorp (PKBK) director exercises options and sells shares
Rhea-AI Filing Summary
Parke Bancorp, Inc. director Jack C Sheppard Jr reported option exercises and related share sales in Parke Bancorp common stock.
On January 28, 2026, he exercised 22,500 stock options at $12.29 per share into common stock, then sold 22,500 common shares at $27.03 per share the same day.
After these transactions, he directly holds 124,988 shares of common stock and 522 shares indirectly through his spouse. He also holds stock options for 12,375 shares at an exercise price of $20.14, 5,000 shares at $21.66, and 2,500 restricted stock units, each referencing Parke Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 22,500 shares ($332K approx. pre-tax spread)
Exercise and Sale
8 txns
Insider
SHEPPARD JACK C JR
Role
Director
Sold
22,500 shs ($608K)
Approx. gross sale proceeds
$608K
Approx. exercise cost
$277K
Approx. pre-tax spread
$332K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Stock Options Right-to-buy | 22,500 | $27.03 | $608K |
| In-the-Money Exercise | Common Stock | 22,500 | $12.29 | $277K |
| Sale | Common Stock | 22,500 | $27.03 | $608K |
| holding | Stock Options Right-to-buy | -- | -- | -- |
| holding | Stock Options Right-to-buy | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options Right-to-buy — 17,375 shares (Direct);
Common Stock — 124,988 shares (Direct);
Restricted Stock Units — 2,500 shares (Direct);
Common Stock — 522 shares (Indirect, Spouse)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Parke Bancorp (PKBK) report for Jack C Sheppard Jr?
Parke Bancorp reported that director Jack C Sheppard Jr exercised 22,500 stock options and sold 22,500 common shares on January 28, 2026. These trades involved Parke Bancorp common stock at specified exercise and sale prices disclosed in the Form 4.
What stock options and RSUs does the Parke Bancorp director still hold?
The director holds stock options for 12,375 Parke Bancorp shares at a $20.14 exercise price and 5,000 shares at $21.66. He also holds 2,500 restricted stock units, each representing a right to receive Parke Bancorp common stock at future vesting dates.
What is Jack C Sheppard Jr’s relationship to Parke Bancorp?
Jack C Sheppard Jr is reported as a director of Parke Bancorp, Inc. The Form 4 indicates his role by checking the “Director” box and shows he is not listed as an officer or 10% owner in this particular insider ownership disclosure.