Parke Bancorp CFO sells 2,000 shares after option
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
PARKE BANCORP, INC. Chief Financial Officer Jonathan D. Hill exercised 2,000 stock options on Common Stock at an exercise price of $19.03 per share and acquired 2,000 shares of Common Stock. On the same date, he sold 2,000 shares of Common Stock at $34.96 per share. Following the option exercise, he held 6,000 stock options directly, 3,300 underlying shares tied to Restricted Stock Units, and 879 shares of Common Stock held indirectly through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options Right-to-buy | 2,000 | $19.03 | $38K |
| Exercise | Common Stock | 2,000 | $19.03 | $38K |
| Sale | Common Stock | 2,000 | $34.96 | $70K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Key Figures
Key Terms
Stock Options Right-to-buy financial
Restricted Stock Unit financial
derivative security financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did PKBK CFO Jonathan D. Hill report in this Form 4?
How many stock options does PKBK CFO Jonathan D. Hill hold after these transactions?
What Restricted Stock Unit holdings does PKBK CFO Jonathan D. Hill report?
AI-generated analysis. How Rhea-AI works. Not financial advice.