Nicholas J. Pantilione, who serves as Chief Lending Officer at Parke Bancorp, Inc., sold 14,675 shares of the company’s common stock on February 18, 2026, at $28.29 per share. The transaction generated proceeds of $415,155, according to a Form 4 filed with the Securities and Exchange Commission.
The sale occurred as the company’s shares trade close to their 52-week high of $29.50. Over the preceding year the stock has advanced by 47.5%.
The Form 4 further shows that Pantilione exercised stock options to acquire the same 14,675 shares that were sold. The exercised awards consisted of 10,000 shares at an exercise price of $12.29 each and 4,675 shares at $20.14 each, with a combined exercise value of $217,054.
Following these transactions, Pantilione’s reported holdings include 1,850 shares owned directly and 3,972 shares held indirectly through a 401(k). The filing also lists 15,000 stock option rights-to-buy and 3,300 restricted stock units remaining in his compensation picture.
On valuation metrics, the bank holding company currently trades at a price-to-earnings ratio of 8.97 and a PEG ratio of 0.22. An InvestingPro analysis included in the filing’s accompanying commentary states that the stock appears overvalued relative to its Fair Value and that it is under consideration for a Most Overvalued stocks list. The commentary notes that additional ProTips and financial metrics are available on the InvestingPro platform.
Separately, Parke Bancorp declared a quarterly cash dividend of $0.18 per share. The dividend will be payable to stockholders of record as of January 2, 2026, with payment scheduled for January 16, 2026. The company’s board indicated an intention to continue paying quarterly cash dividends, while noting that future distributions will depend on factors including the financial condition of Parke Bancorp and its banking subsidiary as well as applicable legal and regulatory constraints.
The sequence of option exercises, subsequent share sale, the company’s valuation metrics, and the declared dividend together form the set of disclosures reflected in the SEC filing and related company announcement.