Director Elizabeth A. Milavsky of Parke Bancorp, Inc. filed a Form 4 on August 26, 2026, disclosing a disposition of common stock and the acquisition of restricted stock units dated August 24, 2026 and October 21, 2025, respectively.

Key Highlights

  • Stock disposal: Milavsky disposed of 632 shares of common stock on 08/24/2026 at a price of $33.97 per share, described in the filing as a Required Minimum Distribution.
  • Direct holdings after transaction: Following the reported disposal, Milavsky directly held 35,278 shares of common stock.
  • Indirect holdings: Milavsky also held 15,912 shares indirectly through a 401K account following the reported transaction.
  • RSU acquisition: On 10/21/2025, Milavsky acquired 2,500 restricted stock units, each converting into one share of common stock upon vesting at 20% per year over five years, with an expiration date of 10/21/2035.
  • Existing stock options: The filing lists three tranches of stock options held directly, totaling 29,150 shares underlying rights-to-buy, with exercise prices of $20.14, $12.29, and $21.66.
  • Filing relationship: Milavsky is identified as a Director of Parke Bancorp, Inc., traded as NASDAQ:PKBK.

Milavsky's Transaction Details and Beneficial Ownership at Parke Bancorp

According to the filing, Elizabeth A. Milavsky, a director of Parke Bancorp, Inc. (NASDAQ:PKBK), reported a disposal of 632 shares of common stock on August 24, 2026, at a price of $33.97 per share. The filing identifies the transaction code as "D" and notes that the disposal constituted a Required Minimum Distribution. Following this transaction, Milavsky directly held 35,278 shares of common stock and indirectly held 15,912 shares through a 401K account.

The filing also discloses the acquisition of 2,500 restricted stock units (RSUs) on October 21, 2025. As described in the filing's explanation of responses, "each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years." The RSUs carry a conversion price of $0 and an expiration date of October 21, 2035, with the date exercisable listed as October 21, 2026.

In Table II, the filing lists three pre-existing derivative security positions held directly by Milavsky: 1,650 stock options with an exercise price of $20.14 expiring 08/22/2028; 22,500 stock options with an exercise price of $12.29 expiring 04/24/2030; and 5,000 stock options with an exercise price of $21.66 expiring 06/12/2032. No transactions in these derivative positions were reported in the current filing. The Form 4 was signed by Jonathan D. Hill under Power of Attorney on behalf of Milavsky and filed on August 26, 2026.

What Was Disclosed

The filing reported a disposal of 632 shares at $33.97 via Required Minimum Distribution, an RSU grant of 2,500 units, and updated beneficial ownership figures showing 35,278 shares held directly and 15,912 shares held indirectly through a 401K.