PARKE BANCORP, INC.·4

Jun 23, 10:23 AM ET

DOBSON ARRET F 4

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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.