PANTILIONE VITO S 4
Research Summary
AI-generated summary
PARKE BANCORP (PKBK) CEO Vito S. Pantilione Buys 1,000 Shares
What Happened Vito S. Pantilione, President & CEO and Director of PARKE BANCORP (PKBK), made an open-market purchase of 1,000 shares on January 29, 2026 at $27.63 per share, for a total transaction value of $27,630. This was a direct purchase (transaction code P), which is a straightforward insider buy rather than a sale or option exercise.
Key Details
- Transaction date: 2026-01-29; Filing date: 2026-01-30 (filed the next day; within typical Form 4 timeliness rules).
- Price per share: $27.63; Shares acquired: 1,000; Total value: $27,630.
- Transaction type: P = Purchase (open market or private purchase as reported).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No footnotes (e.g., 10b5-1 plan, tax withholding, or option exercise) were included in the provided summary.
Context This is a modest-sized open-market purchase by the company's CEO. Insider purchases are often of interest to retail investors because they indicate that an insider was willing to buy shares with personal funds, but a single purchase does not guarantee future performance. The filing was submitted the day after the trade, which is within normal SEC Form 4 reporting timing.