{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-074696","form_type":"8-K","ticker":"PKBK","cik":"0001315399","company_name":"PARKE BANCORP, INC.","filed_at":"2024-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.737362+00:00","generated_at":"2026-06-04T08:59:05.594368+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Parke Bancorp enters change-in-control severance deal with CFO Jonathan Hill","bullets":["Agreement provides a lump-sum payment of 2.5 times the three-year average salary and cash incentive/bonus, subject to Section 280G limits.","Mr. Hill is eligible for 18 months of medical, dental, and life insurance premium continuation.","Non-compete and non-solicitation restrictions apply for one year following termination after a change in control.","Agreement effective March 19, 2024; triggered only upon a change in control of Parke Bancorp or Parke Bank."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-074696","json":"https://secwatch.observer/filing/0001193125-24-074696.json","markdown":"https://secwatch.observer/filing/0001193125-24-074696.md","text":"https://secwatch.observer/filing/0001193125-24-074696.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1315399/000119312524074696/0001193125-24-074696-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1315399/000119312524074696/d44879d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:59:05.594368+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}