PANTILIONE VITO S 4

What Happened
Vito S. Pantilione, President & CEO and a director of Parke Bancorp (PKBK), purchased 100 shares in an open-market transaction on 2026-03-09 at $27.00 per share, for a total cash outlay of $2,700. This was a straightforward buy (transaction code P), which is typically viewed as a direct purchase of company stock.

Key Details

• Transaction date: 2026-03-09; filing date (Form 4): 2026-03-11 (filed within the usual reporting window).
• Price and size: 100 shares at $27.00 each — total $2,700.
• Transaction type: Open-market purchase (P).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote (F1): The filing includes restricted stock unit (RSU) disclosure — each RSU converts to one share upon vesting, vesting 20% per year over five years. This footnote pertains to outstanding awards, not the open-market purchase.

Context
Small-dollar insider purchases (like this $2.7k buy) can signal personal confidence but are modest in size; they provide less signal than larger transactions. This report is a purchase of shares (not an option exercise, gift, or tax withholding) and was filed promptly.