SCHEDULE: Fourthstone LLC Adjusts Parke Bankcorp Stake

Fourthstone LLC and associated entities have filed an amendment to their Schedule 13G, reporting changes in beneficial ownership of Parke Bankcorp, Inc. common stock.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership of Parke Bankcorp, Inc. common stock.
• The reporting persons include Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, and L. Phillip Stone, IV.
• These entities collectively hold shares of Parke Bankcorp, Inc. common stock, with varying degrees of sole and shared voting and dispositive power.
• The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.
• The total number of outstanding shares of common stock as of May 4, 2026, was 11,730,950.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting changes in beneficial ownership without significant new financial or strategic information.

Positives

• The filing confirms that the securities were acquired and are held in the ordinary course of business, suggesting no intent to control or influence the issuer.
• The reporting entities are registered investment advisers or related funds, indicating professional management of the holdings.

Negatives

• The filing does not provide any new financial performance data or strategic updates for Parke Bankcorp, Inc.
• The reported beneficial ownership percentages are 0.00% for all reporting persons, which may indicate a very small or nominal stake, or a reporting threshold has been met.

Risks

• The filing does not explicitly mention any risks or challenges related to Parke Bankcorp, Inc.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Management Comments

• Each of the Reporting Persons listed in this filing certify the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that effect.
• Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of influencing the control of the Issuer.
• Fourthstone GP LLC is the general partner of and may be deemed to beneficially own securities owned by Fourthstone QP Opportunity Fund LP and Fourthstone Small-Cap Financials Fund LP.
• L. Phillip Stone, IV, is the Managing Member of Fourthstone LLC and Fourthstone GP and may be deemed to beneficially own securities owned by Fourthstone.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures for institutional investors and significant shareholders, indicating changes in ownership stakes. This filing pertains to the banking sector, specifically Parke Bankcorp, Inc.

Stakeholder Impact

• Shareholders may be interested in changes in beneficial ownership, although this filing indicates the shares are held in the ordinary course of business and not for control purposes.

Next Steps

• No specific next steps are outlined in this filing.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Parke Bankcorp, Fourthstone LLC, Investment Adviser, Amendment