Jonathan D. Hill, Chief Financial Officer of Parke Bancorp, Inc., filed a Form 4 on November 5, 2026, disclosing a series of transactions in company common stock between October 21 and November 3, 2026.

Key Highlights

  • RSU vesting: Hill acquired 660 shares of common stock on October 21, 2026, via an M (conversion/exercise) transaction at $0, reducing his restricted stock unit balance to 2,640 units.
  • Tax withholding disposition: 206 shares were disposed of on October 21, 2026, under transaction code F at a price of $32.51 per share.
  • Open-market sale: 454 shares were sold on November 3, 2026, at $33.01 per share under transaction code S.
  • Direct holdings after transactions: Hill held 30 shares directly and 484 shares directly following interim transactions, per the filing's sequence.
  • Indirect holdings: 879 shares are held indirectly through a 401K plan, as reported in the filing.
  • Stock options: Hill also holds 6,000 stock options (right-to-buy) at an exercise price of $19.03, with an expiration date of August 20, 2034, according to the filing.

Jonathan Hill's October-November 2026 Transactions at Parke Bancorp

According to the Form 4 filed with the SEC on November 5, 2026, Hill's activity began on October 21, 2026, when 660 restricted stock units vested and were converted into 660 shares of common stock at $0 conversion price. That same day, 206 shares were disposed of under transaction code F at $32.51 per share, a transaction type commonly associated with shares withheld to satisfy tax obligations, though the filing does not use that characterization explicitly.

On November 3, 2026, Hill disposed of an additional 454 shares under transaction code S at $33.01 per share. Following these reported transactions, the filing indicates Hill held 30 shares directly. Separately, 879 shares are reported as indirectly beneficially owned through a 401K plan. The filing also shows that after the RSU vesting event, Hill's remaining restricted stock unit balance stands at 2,640 units, held directly.

In Table II, the filing discloses that Hill holds 6,000 stock options with a right-to-buy common stock at $19.03 per share, exercisable from August 20, 2025, and expiring August 20, 2034. The form was signed by Joseph F. Cortese under a power of attorney on behalf of Jonathan D. Hill. The filing covers Parke Bancorp, Inc., traded on NASDAQ:PKBK.

What Was Disclosed

Hill's Form 4 covers three transaction types: an RSU vest of 660 shares on October 21, 2026; a same-day disposition of 206 shares at $32.51; and an open-market sale of 454 shares at $33.01 on November 3, 2026. Remaining holdings include 30 direct shares, 879 indirect shares via 401K, 2,640 RSUs, and 6,000 stock options.