Daniel J. Dalton, a director at Parke Bancorp, disclosed a pair of equity transactions in late January 2026, according to a Form 4 filing with the Securities and Exchange Commission and company disclosures.
On January 27, 2026, Dalton sold 5,000 shares of Parke Bancorp common stock at a price of $27.57 per share, generating proceeds of $137,850. That same filing shows Dalton also exercised options to acquire 10,000 shares of common stock at an exercise price of $12.29 per share. The option exercises took place on January 27 and January 28, 2026, and the total transaction value for the exercised options was $122,899.
Following these transactions, Dalton's reported holdings include 81,319 shares directly owned. In addition, he is shown as indirectly holding 56,729 shares through a Grantor Remainder Charitable Trust and 1,367 shares through UTMA.
Parke Bancorp is a New Jersey-based banking company with a market capitalization of $313.89 million. At the time of the disclosure the stock was trading at $27.07 and carried a price-to-earnings ratio of 8.61 - a valuation InvestingPro analysis characterizes as low relative to the company's growth potential.
The stock has delivered a 36.7% total return over the past year and yields 2.67% on current share prices, data from InvestingPro indicate. The firm has maintained dividend payments for 13 consecutive years.
Separately, Parke Bancorp announced a quarterly cash dividend of $0.18 per share. The dividend will be paid to shareholders of record as of January 2, 2026, with the payment date set for January 16, 2026. The company said its board intends to continue regular quarterly dividends, but noted that future distributions will depend on factors including the financial condition of the company and its banking subsidiary as well as applicable legal and regulatory requirements.
These disclosures - the insider transactions reported on Form 4 and the dividend declaration - were filed publicly and summarize Dalton's recent trading and the board's stated approach to shareholder distributions.
Contextual details
- Director transaction: Sale of 5,000 shares on January 27, 2026 at $27.57 per share for $137,850.
- Option exercises: 10,000 options exercised at $12.29 per share on January 27 and January 28, 2026, totaling $122,899.
- Reported holdings after transactions: 81,319 shares directly; 56,729 shares indirectly via a Grantor Remainder Charitable Trust; 1,367 shares via UTMA.
- Company financial markers: Market cap $313.89 million, trading price $27.07, P/E ratio 8.61, 36.7% one-year return, 2.67% dividend yield, 13 consecutive years of dividend payments (InvestingPro data).
- Dividend declaration: $0.18 per share, record date January 2, 2026, payment date January 16, 2026. Board intends to maintain regular quarterly dividends subject to financial, legal and regulatory considerations.