Parke Bancorp Executive Compensation Revealed
Ticker: PKBK · Form: DEF 14A · Filed: Mar 21, 2025 · CIK: 1315399
Sentiment: neutral
Topics: executive-compensation, proxy-statement, stock-awards, options
TL;DR
Parke Bancorp dropped its 2024 exec comp details - stock & options galore.
AI Summary
Parke Bancorp, Inc. filed a DEF 14A on March 21, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on stock awards, option awards, and changes in the fair value of equity awards granted to PEO members. Specific dollar amounts for these awards and their fair values are reported.
Why It Matters
This filing provides transparency into how much top executives at Parke Bancorp are being compensated, which can influence investor decisions and perceptions of company management.
Risk Assessment
Risk Level: low — DEF 14A filings are routine disclosures of executive compensation and do not typically indicate new or unusual risks.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period for which executive compensation is reported.)
- 20250321 — Filing Date (The date the DEF 14A was filed with the SEC.)
Key Players & Entities
- PARKE BANCORP, INC. (company) — Filer of the DEF 14A
- PEO (company) — Refers to the principal executive officer and potentially other executive officers
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
What specific types of compensation are detailed for Parke Bancorp's executives?
The filing details aggregate grant date fair value of stock awards, option awards, and various changes in the fair value of equity awards granted to PEO members.
For which fiscal year are the executive compensation details provided?
The executive compensation details provided in this filing are for the fiscal year ending December 31, 2024.
What is the Central Index Key (CIK) for Parke Bancorp, Inc.?
The Central Index Key (CIK) for Parke Bancorp, Inc. is 0001315399.
Where is Parke Bancorp, Inc. headquartered?
Parke Bancorp, Inc. is located at 601 Delsea Drive, Washington Township, NJ 08080.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 21, 2025 regarding PARKE BANCORP, INC. (PKBK).