Director Daniel J. Dalton of Parke Bancorp, Inc. filed a Form 4 on November 5, 2026, reporting a restricted stock unit conversion on October 21, 2026, that added 500 shares of common stock to his direct holdings.

Key Highlights

  • Transaction: 500 restricted stock units were converted (transaction code M) into 500 shares of common stock on October 21, 2026, at a price of $0.
  • Direct holdings after transaction: Dalton directly owns 81,819 shares of Parke Bancorp common stock following the reported transaction.
  • Indirect holdings: Dalton also holds 56,729 shares indirectly through a Grantor Remainder Charitable Trust and 1,367 shares indirectly through a UTMA account.
  • Remaining RSUs: Following the conversion, Dalton retains 2,000 restricted stock units directly, with an expiration date of October 21, 2035.
  • Stock options: Dalton holds two sets of stock options: 5,000 shares at an exercise price of $21.66 (expiring June 12, 2032) and 13,750 shares at $20.14 (expiring August 22, 2028), both direct.
  • Role: Daniel J. Dalton is identified as a director of Parke Bancorp, Inc. (NASDAQ:PKBK).

Daniel J. Dalton's October 2026 RSU Vesting at Parke Bancorp

According to the filing, Daniel J. Dalton, a director of Parke Bancorp, Inc. (NASDAQ:PKBK), reported the conversion of 500 restricted stock units into 500 shares of common stock on October 21, 2026. The transaction code is listed as M, and the price of the derivative security is noted as $0. Following this transaction, Dalton's direct beneficial ownership of Parke Bancorp common stock stands at 81,819 shares, as disclosed in Table I of the filing.

In addition to his direct holdings, the filing discloses that Dalton indirectly owns 56,729 shares held by a Grantor Remainder Charitable Trust and 1,367 shares through a UTMA account. These indirect holdings were not affected by the reported transaction. The filing also notes that Dalton retains 2,000 restricted stock units directly after the conversion, with an expiration date of October 21, 2035.

The filing further reports that Dalton holds two tranches of stock options (right-to-buy) on Parke Bancorp common stock: 5,000 shares with an exercise price of $21.66, exercisable from June 13, 2023, and expiring June 12, 2032; and 13,750 shares with an exercise price of $20.14, exercisable from August 22, 2019, and expiring August 22, 2028. Both option positions are held directly and were not part of the October 21, 2026 transaction. The Form 4 was signed by Jonathan D. Hill as power of attorney for Daniel J. Dalton and filed on November 5, 2026.

What Was Disclosed

Parke Bancorp director Daniel J. Dalton disclosed the conversion of 500 restricted stock units into common stock at $0 on October 21, 2026, bringing his direct share count to 81,819. The filing also confirmed his indirect holdings and remaining derivative positions.