Parke Bancorp, Inc. (NASDAQ: PKBK) reported a direct stock purchase by its president and chief executive officer, Pantilione Vito S. On January 29, 2026, Pantilione acquired 1,000 shares of the company's common stock at a per-share price of $27.63, for a total outlay of $27,630.
Following this transaction, Pantilione's direct ownership in Parke Bancorp stands at 236,129 shares. In addition to that direct stake, his broader holdings include 17,342 shares held indirectly through an irrevocable trust fund (ITF), 43,958 shares held within an individual retirement account (IRA), 2,225 shares registered to a spouse, and 15,640 shares in a 401(k) account.
Beyond outright share ownership, Pantilione also holds several derivative instruments and restricted equity awards. He owns options to purchase 13,200 shares with an exercise price of $20.14; those options have been exercisable since August 22, 2023, and carry an expiration date of August 22, 2028. He additionally holds options to buy 22,500 shares at an exercise price of $12.29, which became exercisable on April 24, 2025, and will expire on April 24, 2030. The CEO also has 2,500 restricted stock units.
In a separate disclosure, Parke Bancorp's board approved a cash dividend of $0.18 per share to be paid to shareholders of record on January 2, 2026, with the distribution scheduled for January 16, 2026. The board has stated its intention to continue distributing quarterly cash dividends; however, it emphasized that any future payments will be subject to the company's financial condition, the financial condition of its banking subsidiary, and any applicable legal and regulatory constraints.
The filings and company statements set out the specifics of the CEO's recent buy and the dividend timetable without supplying additional commentary on strategy or motivation.
Transaction details
- Purchase date: January 29, 2026
- Shares purchased: 1,000
- Price per share: $27.63
- Total transaction value: $27,630
Holdings and derivative positions
- Direct ownership after purchase: 236,129 shares
- Indirect holdings: 17,342 shares (ITF), 43,958 shares (IRA), 2,225 shares (spouse), 15,640 shares (401K)
- Options: 13,200 shares at $20.14 (exercisable since 8/22/2023; expire 8/22/2028)
- Options: 22,500 shares at $12.29 (exercisable since 4/24/2025; expire 4/24/2030)
- Restricted stock units: 2,500
Dividend
- Dividend amount: $0.18 per share
- Record date: January 2, 2026
- Payment date: January 16, 2026
- Board intention: Maintain quarterly cash dividends, subject to company and banking subsidiary financial condition and any legal or regulatory restrictions
This disclosure outlines the scope of the CEO's personal holdings and the company's near-term dividend distribution plan as presented in the filings. No additional commentary on intent or future corporate actions was provided in the statements referenced.