Director Edward Infantolino filed a Form 4 with the SEC on November 5, 2026, disclosing a restricted stock unit conversion transaction in Parke Bancorp, Inc. common stock dated October 21, 2026.

Key Highlights

  • Transaction: 500 restricted stock units were converted (transaction code M) into common stock on October 21, 2026, at a price of $0.
  • Direct ownership after transaction: Infantolino directly holds 7,821 shares of common stock following the reported transaction.
  • Indirect holdings: Infantolino also holds 8,400 shares via IRA, 179,825 shares through Celebration Investments, LLC, and 2,111 shares under "Kids Names."
  • RSU vesting schedule: Each restricted stock unit converts into one share of common stock upon vesting, at 20% per year over 5 years, according to the filing.
  • Remaining RSUs: 2,000 restricted stock units are beneficially owned following the reported transaction.
  • Stock options outstanding: Infantolino holds options to buy 12,375 shares at $20.14 (expiring 08/22/2028), 22,500 shares at $12.29 (expiring 04/24/2030), and 5,000 shares at $21.66 (expiring 06/13/2032).

Infantolino's October 2026 RSU Conversion and Ownership at Parke Bancorp

According to the Form 4 filed on November 5, 2026, Edward Infantolino, a director of Parke Bancorp, Inc. (NASDAQ:PKBK), reported a transaction on October 21, 2026, in which 500 restricted stock units were acquired via transaction code M at a price of $0. The filing indicates this conversion increased his direct beneficial ownership to 7,821 shares of common stock.

The filing also discloses that Infantolino holds shares indirectly through three separate arrangements: 8,400 shares held through an IRA, 179,825 shares held through Celebration Investments, LLC, and 2,111 shares held under "Kids Names." These indirect holdings are reported separately from his direct position in Table I of the filing.

In addition to common stock positions, the filing reports three series of stock options (rights-to-buy) in Table II. These cover 12,375 shares at an exercise price of $20.14 expiring August 22, 2028; 22,500 shares at $12.29 expiring April 24, 2030; and 5,000 shares at $21.66 expiring June 13, 2032. The remaining balance of 2,000 restricted stock units is also disclosed, with the filing noting that "each restricted stock unit converts into one share of common stock upon vesting, 20% per year for 5 years."

What Was Disclosed

Director Edward Infantolino disclosed a conversion of 500 restricted stock units into common stock at Parke Bancorp on October 21, 2026, bringing his direct holdings to 7,821 shares, with additional indirect holdings and stock options also reported.