Jack C. Sheppard Jr. has filed a report detailing a transaction involving 500 shares of common stock in Parke Bancorp, Inc. This filing, submitted on November 5, 2026, is significant as it highlights ownership changes that could impact investor confidence in the banking sector.

Background

Sheppard is a director at Parke Bancorp, Inc., which is classified under the SIC code for state commercial banks. The company is publicly traded and operates primarily in the finance sector. The recent filing is part of a series of disclosures that Sheppard has made, showcasing his ongoing involvement with the company.

What the Filing Says

The filing indicates that on October 21, 2026, Sheppard acquired 500 shares of common stock. Following this transaction, he owns a total of 125,488 shares directly. The filing states, "transaction code M" indicating a transaction involving the acquisition of shares.

Impact

This transaction may affect investor sentiment regarding Parke Bancorp, as ownership changes can signal confidence or concern about a company's future. Sheppard’s position as a director adds weight to the implications of his stock activities, potentially influencing other investors and stakeholders in the banking industry.

What's Next

The filing does not say what happens next.

Additional Transactions

In addition to the acquisition of 500 shares of common stock, the filing also discloses that Sheppard holds stock options with the right to buy a total of 12,375 shares at an exercise price of $20.14, set to expire on August 22, 2028. Furthermore, he has another set of options allowing him to purchase 5,000 shares at an exercise price of $21.66, which will expire on June 13, 2032.

Ownership Breakdown

Following the recent transaction, Sheppard's total direct ownership of common stock now stands at 125,488 shares. Additionally, he holds 2,000 shares of restricted stock units, which were also reported in this filing. His spouse indirectly owns 522 shares, indicating a family connection in the overall ownership structure.

Filing Context

This Form 4 filing is part of ongoing regulatory requirements for directors and officers, ensuring transparency in their trading activities. The filing was submitted by Sheppard on November 5, 2026, and reflects transactions that occurred on October 21, 2026. Such disclosures are crucial for maintaining investor trust and compliance with SEC regulations.

What the Filing Does Not Include

The filing does not provide details on the motivations behind Sheppard's recent stock transactions or any strategic plans for Parke Bancorp, Inc. Furthermore, it does not elaborate on the company's financial performance or market conditions that may have influenced these decisions.