Princeton Bancorp (BPRN) CFO boosts holdings through RSU vesting
Rhea-AI Filing Summary
Princeton Bancorp, Inc. Chief Financial Officer George S. Rapp reported share acquisitions tied to restricted stock unit (RSU) vesting. On January 24, 2026, he acquired 610 shares of common stock at $0 per share through the exercise of RSUs, bringing his directly held common stock to 6,382 shares. On January 25, 2026, he acquired an additional 625 common shares at $0 per share from another RSU vesting, increasing his direct common stock holdings to 7,007 shares.
The underlying RSUs each represent the right to receive either the value of one share of common stock in cash or one share of common stock and vest in three equal annual installments over three years from the grant date. The derivative table shows 610 RSUs remaining after one award’s vesting and 0 RSUs remaining for the award that fully vested and expired on January 25, 2026.
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FAQ
What insider transactions did Princeton Bancorp (BPRN) disclose for its CFO?
Princeton Bancorp reported that Chief Financial Officer George S. Rapp acquired common stock through RSU vesting. On January 24, 2026, he acquired 610 shares of common stock at $0 per share, and on January 25, 2026, he acquired another 625 shares at $0 per share.
How many Princeton Bancorp (BPRN) shares does the CFO own after these transactions?
Following the reported transactions, George S. Rapp directly owns 7,007 shares of Princeton Bancorp common stock. This reflects 6,382 shares after the January 24, 2026 transaction and 7,007 shares after the January 25, 2026 transaction.
What happened to the restricted stock units (RSUs) reported by Princeton Bancorp’s CFO?
The filing shows RSU awards converting into common stock. One RSU award for 1,220 underlying shares had 610 RSUs remaining after the January 24, 2026 vesting, while another RSU award for 625 underlying shares was fully vested and showed 0 RSUs remaining after that same date.
How do the Princeton Bancorp (BPRN) restricted stock units vest for the CFO?
Each restricted stock unit represents the right to receive either the value of one share of common stock in cash or one share of common stock. According to the disclosure, these RSUs vest in one-third installments over a three-year period on each anniversary of the grant date.
Were there any sales of Princeton Bancorp (BPRN) shares by the CFO in this Form 4?
The reported transactions involve acquisitions of common stock at $0 per share resulting from RSU vesting. The tables show Code M transactions (derivative to non-derivative) and do not list any sales of common stock by the CFO in this filing.