secwatch.observer — SEC 8-K summary
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Issuer:     PARKE BANCORP, INC. (PKBK)
CIK:        0001315399
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001437749-25-024336
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parke Bancorp extends stock repurchase program expiration to Feb 2026
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- Board approved six-month extension of existing stock repurchase program, now expiring Feb 2, 2026.
- Program authorizes repurchase of up to 5% of outstanding common stock; threshold unchanged.
- Original program announced Aug 2, 2024 was set to expire Aug 2, 2025.
- Repurchases to be conducted under Rule 10b-18; timing depends on market conditions and regulatory requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315399/000143774925024336/0001437749-25-024336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315399/000143774925024336/pkbk20250731_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-024336

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer