Fourthstone group (PKBK) reports 0.00% beneficial stake in Parke Bankcorp
Rhea-AI Filing Summary
Fourthstone LLC and affiliated funds report passive beneficial ownership of Parke Bankcorp, Inc. common stock on behalf of advisory clients. Fourthstone directly holds 100 shares of common stock, which represents 0.00% of the class, based on 11,730,950 shares outstanding as of May 4, 2026. The group states the securities were acquired in the ordinary course of business as a registered investment adviser and not for the purpose of changing or influencing control, and confirms beneficial ownership is 5 percent or less of the outstanding common stock.
Positive
- None.
Negative
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Key Figures
Shares beneficially owned by Fourthstone LLC: 100 shares
Percent of class owned: 0.00 %
Shares outstanding: 11,730,950 shares
+1 more
4 metrics
Shares beneficially owned by Fourthstone LLC
100 shares
Common Stock of Parke Bankcorp held on behalf of advisory clients
Percent of class owned
0.00 %
Beneficial ownership percentage of Parke Bankcorp common stock
Shares outstanding
11,730,950 shares
Outstanding Parke Bankcorp common stock as of May 4, 2026
Ownership threshold status
5 percent or less
Ownership of 5 percent or less of Parke Bankcorp common stock
Key Terms
beneficially own, investment adviser, sole voting power, shared dispositive power, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own securities owned by Fourthstone QP Opportunity Fund LP"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
investment adviser financial
"Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
sole voting power financial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 100.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
percent of class financial
"Item 5. | Ownership of 5 Percent or Less of a Class."
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Parke Bankcorp (PKBK) does Fourthstone currently report owning?
Fourthstone and related reporting persons state their beneficial ownership of Parke Bankcorp common stock is 0.00% of the class, based on 11,730,950 shares outstanding as of May 4, 2026, and confirm ownership of 5 percent or less of the class.
Is Fourthstone seeking to influence control of Parke Bankcorp (PKBK)?
The reporting persons state the securities were not acquired and are not held for the purpose of changing or influencing control of Parke Bankcorp. They also state the holdings were acquired in the ordinary course of business as a registered investment adviser.
Who are the reporting persons in the Parke Bankcorp (PKBK) Schedule 13G/A?
The reporting group includes Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd, Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, and L. Phillip Stone, IV, the Managing Member of Fourthstone and Fourthstone GP.
Does the Parke Bankcorp (PKBK) filing classify Fourthstone as a passive investor?
The reporting persons indicate they acquired Parke Bankcorp shares in the ordinary course of business as an investment adviser and explicitly state the holdings were not acquired to change or influence control, consistent with a passive ownership posture.
AI-generated analysis. How Rhea-AI works. Not financial advice.