Jonathan D. Hill, Chief Financial Officer of Parke Bancorp, Inc. (NASDAQ:PKBK), filed a Form 4 on August 14, 2026, disclosing transactions in common stock dated August 13, 2026.

Key Highlights

  • Option exercise: Hill exercised stock options (transaction code M) to acquire 2,000 shares of common stock at an exercise price of $19.03 per share on August 13, 2026.
  • Open-market sale: Hill sold 2,000 shares of common stock at $34.96 per share on August 13, 2026 (transaction code S).
  • Direct holdings after transactions: Hill directly holds 30 shares of common stock following the reported transactions.
  • Indirect holdings: Hill also holds 879 shares indirectly through a 401K plan.
  • Remaining derivative securities: Hill retains 6,000 stock options with an exercise price of $19.03 and an expiration date of August 20, 2034, as well as 3,300 restricted stock units expiring October 21, 2035.

Parke Bancorp CFO Transaction Details: Option Exercise and Share Sale

According to the Form 4 filed with the SEC, Jonathan D. Hill, serving as Chief Financial Officer of Parke Bancorp, Inc. (NASDAQ:PKBK), reported two transactions in the company's common stock on August 13, 2026. Hill exercised stock options covering 2,000 shares at an exercise price of $19.03 per share (transaction code M), and on the same date sold 2,000 shares at $34.96 per share (transaction code S).

Following these transactions, the filing discloses that Hill directly owns 30 shares of common stock. In addition, the filing reports 879 shares held indirectly through a 401K plan. Regarding derivative securities, Hill retains 6,000 stock options with an exercise price of $19.03 per share, exercisable beginning August 20, 2025, and expiring August 20, 2034. The filing also shows 3,300 restricted stock units, with an exercise price of $0.0000, exercisable October 21, 2026, and expiring October 21, 2035, all held directly.

The filing was signed by Joseph F. Cortese under a power of attorney on behalf of Jonathan D. Hill and dated August 14, 2026. The date of earliest transaction reported is August 13, 2026.

What Was Disclosed

The Form 4 discloses that Parke Bancorp's CFO exercised 2,000 stock options at $19.03 and sold 2,000 shares at $34.96 on August 13, 2026, leaving him with 30 directly held shares, 879 shares via a 401K, and remaining derivative securities.