Princeton Bancorp (BPRN) COO adds 4,627 shares through RSU vesting
Rhea-AI Filing Summary
Princeton Bancorp, Inc. insider activity: Chief Operating Officer Daniel J. O'Donnell reported the vesting of restricted stock units that converted into common shares of Princeton Bancorp (BPRN).
On 01/24/2026, 2,286 restricted stock units vested at a price of $0 per unit and were settled into 2,286 shares of common stock, bringing his directly held common shares to 19,104. On 01/25/2026, an additional 2,341 restricted stock units vested at $0 and were converted into 2,341 common shares, increasing his direct common stock holdings to 21,445.
The filing explains that each restricted stock unit represents the right to receive either cash equal to the value of one share or one share of common stock, and that these awards vest in one-third installments over three years from the grant date.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Princeton Bancorp (BPRN) report in this Form 4?
The filing shows Chief Operating Officer Daniel J. O'Donnell had restricted stock units vest on two dates, which were settled into shares of Princeton Bancorp common stock at no cash cost to him.
How many Princeton Bancorp (BPRN) shares did the COO acquire through vesting?
On 01/24/2026, 2,286 common shares were acquired from vested restricted stock units, and on 01/25/2026, an additional 2,341 common shares were acquired.
What is Daniel J. O'Donnell's Princeton Bancorp share ownership after these transactions?
Following the reported transactions, Daniel J. O'Donnell directly owns 21,445 shares of Princeton Bancorp common stock.
Were these Princeton Bancorp (BPRN) insider transactions open-market purchases or sales?
The transactions are coded M, indicating the exercise or conversion of derivative securities. They reflect the vesting and settlement of restricted stock units into common shares, not open-market buying or selling.
How do the Princeton Bancorp restricted stock units for the COO vest?
The filing states that each restricted stock unit represents the right to receive the value of one share of common stock in cash or one share of common stock and that the awards vest in 1/3 installments over a 3-year period on each anniversary of the grant date.
What happened to the COO's restricted stock unit balance after these transactions?
After the 01/24/2026 transaction, 2,286 restricted stock units remained from one award. After the 01/25/2026 vesting, the second restricted stock unit award shown in the table had a remaining balance of 0.