PANTILIONE VITO S 4

What Happened

• Vito S. Pantilione, President & CEO and a director of Parke Bancorp (PKBK), reported an open-market purchase of 1,300 common shares on 2026-04-28 at $30.37 per share, costing approximately $39,486. The filing also shows two gift (G) transactions on the same date: one disposition of 900 shares and one acquisition of 900 shares, both reported at $0.00 (gifts involve no cash consideration).

Key Details

• Transaction date: 2026-04-28.
• Purchase: 1,300 shares @ $30.37 = $39,486 (code P — purchase).
• Gifts: 900 shares disposed @ $0.00 and 900 shares acquired @ $0.00 (code G — gift).
• Shares owned after transaction: not specified in the summary provided.
• Footnote: F1 indicates each restricted stock unit converts into one share upon vesting, at 20% per year over five years.
• Filing timeliness: Report filed 2026-04-30 (two days after the report date); no late filing flag noted.

Context

• The open-market purchase is a straightforward buy by the CEO and may be seen as a modest bullish signal; the amount (~$39.5K) is small relative to typical executive trades.
• Gift transactions are administrative/estate planning moves and do not necessarily reflect the insider’s view of the company’s prospects.
• The RSU footnote explains how some awarded units convert into shares over time (20% per year for 5 years), which can affect future insider share counts.