PANTILIONE VITO S 4
4 · PARKE BANCORP, INC. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Parke Bancorp (PKBK) CEO Vito Pantilione Gifts 100 Shares
What Happened
Vito S. Pantilione, President & CEO and a director of Parke Bancorp, reported gift transactions dated 2026-03-23. The filing shows two gift entries: one disposition of 100 shares at $0.00 (gifted away) and one acquisition of 100 shares at $0.00 (received as a gift/transfer). Each line lists a $0 total value consistent with a gift/transfer rather than a market sale or purchase.
Key Details
- Transaction date(s) and price(s): 2026-03-23; 100 shares disposed @ $0.00 and 100 shares acquired @ $0.00.
- Filing date: 2026-03-26 reporting the 3/23/2026 transactions; the filing shows no late-file flag.
- Shares owned after transaction: Not specified in the Form 4 (not disclosed in the filing).
- Notable footnote: F1 — Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
- Transaction code: G (Gift). $0 price indicates a non‑market transfer.
Context
Gifts and intra-family or trust transfers are common and do not necessarily indicate the insider’s view of the company’s prospects. The F1 footnote indicates some holdings may be in the form of restricted stock units (RSUs) that vest over five years (20% per year). This filing records a gift/transfer rather than a buy (bullish) or sale (liquidity) trade.
Insider Transaction Report
- Gift
Common Stock
2026-03-23−100→ 236,129 total - Gift
Common Stock
2026-03-23+100→ 18,042 total(indirect: ITF)
- 43,958(indirect: By IRA)
Common Stock
- 2,225(indirect: By Spouse)
Common Stock
- 15,640(indirect: By 401(k))
Common Stock
- 13,200
Stock Options Right-to-buy
Exercise: $20.14From: 2019-08-22Exp: 2028-08-22→ Common Stock (13,200 underlying) - 22,500
Stock Options Right-to-buy
Exercise: $12.29From: 2021-04-24Exp: 2030-04-24→ Common Stock (22,500 underlying) - 2,500
Restricted Stock Units
[F1]Exercise: $0.00From: 2026-10-21Exp: 2035-10-21→ Common Stock (2,500 underlying)
Footnotes (1)
- [F1]Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.