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Stocks•1 May 2026•

1 min read

Parke Bancorp CEO Boosts Stake with $39,481 Stock Purchase

Key Facts

1Vito Pantilione, CEO of Parke Bancorp, purchased 1,300 shares at an average price of $30.37 per share.

2The purchase increased the CEO's total direct ownership to 237,429 shares in the company.

Vito Pantilione, the CEO of Parke Bancorp, has recently increased his stake in the company through the purchase of 1,300 shares. The transaction was executed at an average price of $30.37 per share, representing a total investment of approximately $39,481. Following this acquisition, Pantilione's total direct ownership in the firm has risen to 237,429 shares. Insider buying of this nature is frequently interpreted by the market as a sign of executive confidence in the company's future performance and intrinsic value. While the transaction size is relatively small compared to the bank's overall market capitalization, it serves to further align management interests with those of PKBK shareholders. Investors often monitor such insider activity as a gauge for sentiment within the regional banking sector.