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Insider Buy Cluster Buy February 13, 2024

PANTILIONE VITO S purchased ~$136K in Parke Bancorp Inc stock

Parke Bancorp Inc (PKBK)  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+9.8%
PKBK price after insider trade by PANTILIONE VITO S

Insider

PANTILIONE VITO S

Role

Transaction

Open-Market Purchase

Approx. Value

~$136K

Trade Date

Feb 13, 2024

Company

Parke Bancorp Inc

Ticker

PKBK

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$136K purchase

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

2 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

+9.8% in 90 days

Measured from trade date to 90 days later. We track the performance of every insider trade to identify which insiders consistently make profitable moves.

PV

How good is PANTILIONE VITO S at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record
2

PANTILIONE VITO S wasn't the only one buying.

2 insiders at Parke Bancorp Inc traded within the same 30-day window.

See who else bought · Free

On February 13, 2024, PANTILIONE VITO S — a corporate insider at Parke Bancorp Inc — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$136K in Parke Bancorp Inc (PKBK) stock.

This transaction was part of a cluster — 2 insiders at Parke Bancorp Inc made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, PKBK returned +9.8%

Full Conviction Analysis

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$136K
Insider role Insider
Cluster 2 insiders
90-day return +9.8%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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