Princeton Bancorp (BPRN) director adds 2,500 RSUs, 2,100 shares

Rhea-AI Filing Summary

Princeton Bancorp, Inc. (BPRN) director Richard J. Gillespie reported equity compensation activity and a related share issuance. On 01/21/2026, he received 2,500 restricted stock units (RSUs), each representing the right to receive either cash equal to the value of one share of common stock or one share of common stock, with the RSUs vesting in full on 01/21/2027. On 01/22/2026, 2,100 RSUs that were scheduled to expire on 01/22/2026 vested and were settled into 2,100 shares of common stock at a price of $0. After these transactions, Gillespie directly held 85,358 shares of common stock and indirectly held 6,250 shares through his spouse as custodian for a child.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gillespie Richard J.

(Last) (First) (Middle)

183 BAYARD LANE

(Street)

PRINCETON NJ 08540

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Princeton Bancorp, Inc. [ BPRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/22/2026		M		2,100(1)	A	$0	85,358	D
Common Stock								6,250	I	By Spouse as Custodian for Child

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(2)	$0	01/21/2026		A		2,500		01/21/2027	01/21/2027	Common Stock	2,500	$0	2,500	D
Restricted Stock Units(2)	$0	01/22/2026		M			2,100	01/22/2026	01/22/2026	Common Stock	2,100	$0	0	D

Explanation of Responses:

1. Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/22/2026.

2. Each restricted stock unit represents the contingent right to receive either the value of one share of common stock in cash or one share of common stock. These restricted stock units vest in full on the first anniversary date of the grant.

	Richard J. Gillespie, by Edward Hogan as attorney-in-fact	01/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BPRN director Richard J. Gillespie report?

Director Richard J. Gillespie reported the vesting and settlement of 2,100 restricted stock units (RSUs) into 2,100 shares of Princeton Bancorp common stock on 01/22/2026, at a price of $0 per share.

How many new restricted stock units were granted to the BPRN director?

On 01/21/2026, Gillespie was granted 2,500 restricted stock units. These RSUs vest in full on the first anniversary of the grant, 01/21/2027, and each unit represents the right to receive either cash equal to one share’s value or one share of common stock.

How many Princeton Bancorp shares does Gillespie own after these transactions?

Following the reported transactions, Gillespie directly owned 85,358 shares of Princeton Bancorp common stock and indirectly owned 6,250 shares held by his spouse as custodian for a child.

What do the restricted stock units (RSUs) reported by BPRN’s director represent?

Each RSU reported represents a contingent right to receive either the value of one share of Princeton Bancorp common stock in cash or one share of common stock, with the units vesting in full on the first anniversary of the grant date.

Were there any cash proceeds from the RSU settlement for the BPRN director?

No cash price was reported for the RSU settlement; the 2,100 RSUs were converted into 2,100 common shares at a stated price of $0 per share, consistent with an equity award vesting rather than an open-market purchase.

What is the nature of the indirect ownership reported for BPRN shares?

The filing shows 6,250 common shares held indirectly "By Spouse as Custodian for Child", indicating these shares are reported as beneficially owned but are held in a custodial account for a child.