PARKE BANCORP, INC.·4

Jun 23, 10:23 AM ET

DOBSON ARRET F 4

4 · PARKE BANCORP, INC. · Filed Jun 23, 2026

Research Summary

AI-generated summary of this filing

Updated

PARKE BANCORP (PKBK) Director Arret F. Dobson Sells 2,500 Shares

What Happened Arret F. Dobson, a director of PARKE BANCORP, sold 2,500 shares on June 10, 2026 at $31.73 per share, generating $79,325 in proceeds. The transaction is reported as an open-market or private sale (transaction code S), a routine insider liquidity event rather than an explicit bullish signal.

Key Details

  • Transaction date and price: June 10, 2026 — 2,500 shares at $31.73 each.
  • Total value: $79,325.
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: F1 notes that each restricted stock unit converts into one share upon vesting (20% per year over 5 years).
  • Filing date: Report filed June 23, 2026 for a June 10 transaction — this appears late (Form 4s are generally due within two business days), which may affect timeliness of disclosure.
  • No 10b5-1 plan or other special plan is disclosed in the filing.

Context This was a director sale of modest size (~$79k). Sales by directors can reflect routine liquidity (taxes, diversification, personal needs) and do not necessarily indicate a change in company outlook. For retail investors, purchases by insiders tend to be more informative than routine sales; note this filing does not show whether Dobson remains a significant owner.

Insider Transaction Report

Form 4
Period: 2026-06-10
Transactions
  • Sale

    Common Stock

    2026-06-10$31.73/sh2,500$79,325105,643 total
Holdings
  • Stock Options Right-to-buy

    Exercise: $20.14From: 2019-08-22Exp: 2028-08-22Common Stock (12,375 underlying)
    12,375
  • Stock Options Right-to-buy

    Exercise: $21.66From: 2023-06-13Exp: 2032-06-13Common Stock (5,000 underlying)
    5,000
  • Restricted Stock Units

    [F1]
    Exercise: $0.00From: 2026-10-21Exp: 2035-10-21Common Stock (2,500 underlying)
    2,500
Footnotes (1)
  • [F1]Each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years.
Signature
/s/ Arret Dobson, Jonathan D. Hill, Power of Attorney|2026-06-23

Documents

1 file
  • 4
    rdgdoc.xmlPrimary

    FORM 4