Hill Jonathan D. sold $70K of PKBK
Hill Jonathan D. (Chief Financial Officer) sold 2,000 shares of PARKE BANCORP, INC. (PKBK) at $34.96 on 2026-08-13.
How this was made
The 30-second read
Why it matters
The newest fact is the CFO’s open-market sale details (2,000 shares at $34.96) and the stated holdings after the transaction (30 shares).
Market read
Traders may note the insider sale for sentiment, but there is no accompanying guidance, earnings, or regulatory development.
What to watch
Insider sales can be driven by diversification, taxes, or pre-existing personal liquidity needs and do not necessarily signal earnings or credit risk changes.
Background
The article is a primary-source SEC Form 4 insider transaction for Parke Bancorp, Inc. (PKBK).
Ticker impact
PKBK CFO Jonathan D. Hill filed a Form 4 selling 2,000 shares at $34.96 on 2026-08-13, worth about $69,920.
Low likelihood of a sustained price move; any reaction is likely limited to short-term sentiment.
The disclosure is a small, single insider sale (2,000 shares) and provides no new company-specific operational or financial information.
Market effects
No clear sector read-through from a small insider sale at a regional bank.
None indicated.
None indicated.
Counterpoint
The absence of a disclosed 10b5-1 plan could be interpreted as higher insider discretion, but the transaction size is still small.
Key entities
- issuerPARKE BANCORP, INC.
US-listed company whose CFO filed the insider sale on Form 4.
- insiderJonathan D. Hill
Chief Financial Officer who sold 2,000 shares of PKBK.