Form 4: Parke Bancorp CEO Vito Pantilione Reports Stock Transactions

Vito Pantilione, President & CEO of Parke Bancorp, reports acquisition and disposal of common stock and derivative securities.

Summary

• Vito S. Pantilione, President & CEO of Parke Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• On February 10, 2025, Pantilione disposed of 9,000 shares of common stock at a price of $7.81.
• On April 25, 2025, Pantilione acquired 500 shares of common stock at a weighted average price of $18.77.
• On April 25, 2025, Pantilione acquired 600 shares of common stock at a weighted average price of $18.77.
• Following these transactions, Pantilione directly owns 227,760 shares of common stock.
• Pantilione also indirectly owns shares through an ITF (15,542 shares), an IRA (43,958 shares), a spouse (2,225 shares), and a 401K (15,640 shares).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of key executives.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the CEO's perspective on the company's stock.

Key Dates

Keywords

Form 4, beneficial ownership, stock transactions, Parke Bancorp, PKBK, Vito Pantilione, CEO