PKBK Form 4: Jeffrey Kripitz Sells 4,500 Shares; Substantial Holdings Remain

Rhea-AI Filing Summary

Insider sale and holdings summary: Director Jeffrey H. Kripitz reported a sale of 4,500 shares of Parke Bancorp, Inc. (PKBK) on 08/28/2025 at $22.51 per share. After the sale he directly held 43,411 shares and also reported indirect interests through a PSP (43,175 shares), an IRA (28,985 shares), a Trust (27,602 shares) and an ITF (75,543 shares). The Form 4 was signed via power of attorney on 08/29/2025.

Positive

• Maintains substantial ownership: Reporting person retains significant direct and indirect positions across PSP, IRA, Trust, and ITF accounts.

Negative

• Insider disposed shares: Reported sale of 4,500 common shares at $22.51 on 08/28/2025.

Insights

Financial Analyst

TL;DR: Routine insider sale; holdings remain substantial across direct and indirect accounts.

The sale of 4,500 shares at $22.51 is a clear, single non-derivative disposition reported on Form 4. While the transaction reduces direct holdings modestly, the reporting person still shows sizable combined ownership across direct and multiple indirect vehicles, indicating continued exposure to the issuer. No derivative transactions or additional material details are disclosed.

Corporate Governance Expert

TL;DR: Standard Section 16 disclosure; no governance red flags from the filing alone.

This Form 4 documents a standard Section 16 sale by a director and includes required ownership breakdowns. The filing was executed under power of attorney and contains no indications of related-party transfers, derivative activity, or plan-based trades. As filed, it fulfills disclosure obligations without revealing governance concerns.

Insider Trade Summary

Net Seller: 4,500 shares ($101,295)

Net Sell 5 txns

Insider KRIPITZ JEFFREY H

Role Director

Sold 4,500 shs ($101K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,500	$22.51	$101K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 43,411 shares (Direct); Common Stock — 75,543 shares (Indirect, PSP)

Footnotes (1)

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^*

KRIPITZ JEFFREY H

(Last) (First) (Middle)

601 DELSEA DR.

(Street)

SEWELL NJ 08080

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/28/2025		S		4,500	D	$22.51	43,411	D
Common Stock								75,543	I	PSP
Common Stock								43,175	I	IRA
Common Stock								28,985	I	Trust
Common Stock								27,602	I	ITF

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

Explanation of Responses:

	/s/ Jeffrey H. Kripitz, Jonathan D. Hill, Power of Attorney	08/29/2025
	** 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.