Parke Bancorp (PKBK) CEO Vito Pantilione Buys 1,300 Shares

What Happened

• Vito S. Pantilione, President & CEO and a director of Parke Bancorp (PKBK), made an open-market purchase of 1,300 shares on 2026-07-29 at $33.68 per share, totaling $43,784. On 2026-07-30 the filing shows two gift transactions (code G): an acquisition of 800 shares at $0.00 and a disposition of 800 shares at $0.00 (gifts).

Key Details

• Transaction dates and prices:
  • 2026-07-29: Open-market purchase (P) — 1,300 shares @ $33.68 ($43,784).
  • 2026-07-30: Gift (G) — acquired 800 shares @ $0.00.
  • 2026-07-30: Gift (G) — disposed 800 shares @ $0.00.
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Footnote F1: Each restricted stock unit (RSU) converts to one share upon vesting; vesting schedule noted as 20% per year over five years.
• Filing timeliness: Report filed 2026-07-30 covering trades on 7/29–7/30; no late-filing flag provided.

Context

• The 1,300-share purchase is a direct buy (more informative as a bullish signal than a sale), while the zero-value gift transactions simply reflect transfers and do not necessarily indicate market sentiment. The paired 800-share gift acquisition and disposition on the same day may reflect an internal transfer between accounts or recipients rather than an open-market trade. The RSU footnote describes a standard multi-year vesting schedule and is separate from the open-market purchase and gift transactions.