Not independent
Tenure on this board
21.5 yrs
Meeting calendar
PKBK · Annual meeting · Tuesday, April 21, 2026
Parke Bancorp Inc
3 nominees · 4 ballot items.
Elect three directors; Ratify appointment of S.R. Snodgrass as independent auditor; Advisory vote to approve executive compensation (say-on-pay); Advisory vote on frequency of say-on-pay votes (one, two, or three years).
Market cap
$388M
1Y TSR
+57.3%
Board grade
B+
Record date
Mar 11, 2026
Filing
DEF 14A
Meeting concluded · Apr 21, 2026
Follow how the vote landed and what changed on Parke Bancorp Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot4
- 1
Election of Directors
ManagementBoard: FORElect three directors each to serve a three-year term.
- 2
Ratification of Appointment of Independent Auditor
ManagementBoard: FORRatify the appointment of S.R. Snodgrass, P.C. as independent auditor for fiscal year ending December 31, 2026.
- 3
Advisory Vote on Executive Compensation (Say-on-Pay
ManagementBoard: FORNon-binding advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement.
More detail
This non-binding management proposal asks shareholders to approve, on an advisory basis, the compensation paid to the Company’s named executive officers as disclosed in the proxy statement. Management is seeking shareholder approval to confirm support for its executive compensation policies and practices, and the Compensation Committee may consider the outcome when setting future pay arrangements. The proposal is required by the Dodd-Frank Act for smaller reporting companies at least once every three years and reflects the company’s desire for shareholder feedback on pay. The board recommends a vote FOR, arguing that the disclosed compensation is appropriate and consistent with company performance and governance. The vote is advisory and does not alter fiduciary duties or board discretion; abstentions and broker non-votes do not affect the result. The context includes the company's pay structure (cash bonuses tied to pre-tax profits and equity awards) and supplemental retirement agreements for the CEO, which may influence shareholder sentiment. The board’s recommendation emphasizes alignment with shareholder interests and the governance processes in place (Compensation Committee oversight). Potential investor considerations include SERP liabilities, pay-for-performance linkage, and the non-binding nature of the vote.
- 4
Advisory Vote on Frequency of Advisory Votes on Executive Compensation (Say-on-Pay Frequency
ManagementBoard: FORNon-binding advisory vote on whether the say-on-pay vote should occur every one, two, or three years.
More detail
This management proposal asks shareholders to select the frequency—one, two, or three years—of the company’s non-binding advisory say-on-pay vote. Management seeks shareholder input on this procedural governance question but recommends a triennial vote, arguing it provides sufficient time to evaluate the impact of any changes to executive compensation programs and reduces recurring costs. The board’s recommendation reflects both governance prudence and cost-consciousness. The proposal stems from SEC/Dodd-Frank requirements to solicit a frequency preference periodically. Because the recommendation is non-binding, the board will retain discretion, but it signals the board’s preference for longer intervals between say-on-pay votes. Investors may view the triennial recommendation as consistent with long-term strategic alignment but some shareholders may prefer more frequent accountability. The proposal's outcome could affect how often shareholders can formally voice compensation concerns.
Director elections
Nominees on the ballot3
Independent
Tenure on this board
19.5 yrs
Independent
Tenure on this board
6.5 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Fourthstone LLC | 6.0% | 700,349 | $20M |
| 2 | DIMENSIONAL FUND ADVISORS LP | 4.9% | 569,919 | $16M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 3.9% | 453,815 | $13M |
| 4 | BlackRock, Inc. | 3.3% | 384,638 | $11M |
| 5 | M3F, Inc. | 2.8% | 332,876 | $9M |
| 6 | Cutler Capital Management, LLC | 2.7% | 317,426 | $9M |
| 7 | Pacific Ridge Capital Partners, LLC | 2.5% | 293,439 | $8M |
| 8 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.2% | 263,046 | $7M |
| 9 | Militia Capital Management LLC | 2.0% | 240,000 | $7M |
| 10 | Rhino Investment Partners, Inc | 1.9% | 227,766 | $6M |
Peers
Nearest market capOther Financial Services sector meetings6
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Reference
Frequently asked questions
- When is the Parke Bancorp Inc 2026 annual meeting?
- Parke Bancorp Inc (PKBK) holds its 2026 annual shareholder meeting on Tuesday, April 21, 2026.
- What is the record date for the Parke Bancorp Inc 2026 meeting?
- The record date for the Parke Bancorp Inc 2026 meeting is Wednesday, March 11, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Parke Bancorp Inc's 2026 meeting?
- The board is presenting 3 director nominees at the Parke Bancorp Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Parke Bancorp Inc 2026 meeting?
- Shareholders will vote on 4 proposals at the Parke Bancorp Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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