STOCK TITAN

Parke Bancorp (PKBK) director exercises options and sells shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Parke Bancorp, Inc. director Jack C Sheppard Jr reported option exercises and related share sales in Parke Bancorp common stock.

On January 28, 2026, he exercised 22,500 stock options at $12.29 per share into common stock, then sold 22,500 common shares at $27.03 per share the same day.

After these transactions, he directly holds 124,988 shares of common stock and 522 shares indirectly through his spouse. He also holds stock options for 12,375 shares at an exercise price of $20.14, 5,000 shares at $21.66, and 2,500 restricted stock units, each referencing Parke Bancorp common stock.

Positive

  • None.

Negative

  • None.
Insider SHEPPARD JACK C JR
Role Director
Sold 22,500 shs ($608K)
Type Security Shares Price Value
X Stock Options Right-to-buy 22,500 $27.03 $608K
X Common Stock 22,500 $12.29 $277K
Sale Common Stock 22,500 $27.03 $608K
holding Stock Options Right-to-buy -- -- --
holding Stock Options Right-to-buy -- -- --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock Options Right-to-buy — 0 shares (Direct); Common Stock — 22,500 shares (Direct); Restricted Stock Units — 2,500 shares (Direct); Common Stock — 522 shares (Indirect, Spouse)
Footnotes (1)
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SHEPPARD JACK C JR

(Last) (First) (Middle)
601 DELSEA DR.

(Street)
SEWELL NJ 08080

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PARKE BANCORP, INC. [ PKBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 124,988 D
Common Stock 522 I Spouse
Common Stock 01/28/2026 X 22,500 A $12.29 22,500 D
Common Stock 01/28/2026 S 22,500 D $27.03 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options Right-to-buy $20.14 08/22/2019 08/22/2028 Common Stock 12,375 12,375 D
Stock Options Right-to-buy $12.29 01/28/2026 X 22,500 04/24/2021 04/24/2030 Common Stock 22,500 $27.03 0 D
Stock Options Right-to-buy $21.66 06/13/2023 06/13/2032 Common Stock 5,000 5,000 D
Restricted Stock Units $0.0000 10/21/2026 10/21/2035 Common Stock 2,500 2,500 D
Explanation of Responses:
/s/ Jack Sheppard, Jonathan D. Hill, Power of Attorney 01/29/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Parke Bancorp (PKBK) report for Jack C Sheppard Jr?

Parke Bancorp reported that director Jack C Sheppard Jr exercised 22,500 stock options and sold 22,500 common shares on January 28, 2026. These trades involved Parke Bancorp common stock at specified exercise and sale prices disclosed in the Form 4.

How many Parke Bancorp shares did the director exercise and at what price?

Jack C Sheppard Jr exercised 22,500 stock options into Parke Bancorp common stock at an exercise price of $12.29 per share. This option exercise was reported as a derivative transaction coded “X” on January 28, 2026 in the filing.

At what price did the Parke Bancorp director sell his common shares?

On January 28, 2026, Jack C Sheppard Jr sold 22,500 Parke Bancorp common shares at $27.03 per share. The sale was reported as a non-derivative transaction with code “S,” reducing the reported balance for that specific block of shares to zero.

How many Parke Bancorp shares does Jack C Sheppard Jr own after the reported trades?

After the reported trades, Jack C Sheppard Jr directly owns 124,988 Parke Bancorp common shares. In addition, 522 common shares are reported as indirectly owned through his spouse, reflecting both direct and spousal holdings in the company.

What stock options and RSUs does the Parke Bancorp director still hold?

The director holds stock options for 12,375 Parke Bancorp shares at a $20.14 exercise price and 5,000 shares at $21.66. He also holds 2,500 restricted stock units, each representing a right to receive Parke Bancorp common stock at future vesting dates.

What is Jack C Sheppard Jr’s relationship to Parke Bancorp?

Jack C Sheppard Jr is reported as a director of Parke Bancorp, Inc. The Form 4 indicates his role by checking the “Director” box and shows he is not listed as an officer or 10% owner in this particular insider ownership disclosure.