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Princeton Bancorp (BPRN) director logs deferred phantom stock transactions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Princeton Bancorp, Inc. director and 10% owner Martin Tuchman reported discretionary phantom stock transactions under the company’s Non-Employee Directors Deferred Compensation Plan. On three dates in mid-2026, phantom stock units economically equivalent to common shares were credited at prices around $37.29–$37.70 per unit.

Following the most recent transaction on June 16, 2026, Tuchman held 11,375 phantom stock units. These awards are payable in cash or common stock, at his election, after his service as a director ends, and do not represent open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider TUCHMAN MARTIN
Role null
Type Security Shares Price Value
I Phantom stock 663 $37.70 $25K
I Phantom stock 46 $37.65 $2K
I Phantom stock 355 $37.29 $13K
Holdings After Transaction: Phantom stock — 11,375 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Phantom stock units (after 2026-06-16) 11,375 units Total phantom stock holdings following June 16, 2026 transaction
Phantom stock units on 2026-06-16 663 units at $37.70 Discretionary phantom stock transaction under Rule 16b-3(f)
Phantom stock units on 2026-06-15 46 units at $37.65 Discretionary phantom stock transaction under Rule 16b-3(f)
Phantom stock units on 2026-06-12 355 units at $37.29 Discretionary phantom stock transaction under Rule 16b-3(f)
Conversion price of phantom stock $0.00 per unit Conversion/exercise price for phantom stock awards
Phantom stock financial
"Each share of phantom stock is the economic equivalent of one share of BPRN common stock."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Non-Employee Directors Deferred Compensation Plan financial
"Acquired under the issuer's Non-Employee Directors Deferred Compensation Plan."
Rule 16b-3(f) regulatory
"transaction_code_description": "Discretionary transaction under Rule 16b-3(f)""
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of BPRN common stock."
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
TUCHMAN MARTIN

(Last)(First)(Middle)
183 BAYARD LANE

(Street)
PRINCETON NEW JERSEY 08540

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Princeton Bancorp, Inc. [ BPRN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom stock$006/12/2026I355 (1) (1)Common Stock355$37.2910,666D
Phantom stock$006/15/2026I46 (1) (1)Common Stock46$37.6510,712D
Phantom stock$006/16/2026I663 (1) (1)Common Stock663$37.711,375D
Explanation of Responses:
1. Acquired under the issuer's Non-Employee Directors Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of BPRN common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.
Martin Tuchman, by Edward Hogan as attorney-in-fact06/29/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Princeton Bancorp (BPRN) insider Martin Tuchman report on this Form 4?

Martin Tuchman reported three discretionary phantom stock transactions tied to Princeton Bancorp’s Non-Employee Directors Deferred Compensation Plan. These entries reflect deferred compensation credits, not open-market purchases or sales of BPRN common stock, and adjust his phantom stock balance under the plan.

How many phantom stock units does Martin Tuchman hold after these BPRN transactions?

After the most recent transaction dated June 16, 2026, Martin Tuchman holds 11,375 phantom stock units. Each unit is economically equivalent to one share of Princeton Bancorp common stock and is payable in cash or stock after his board service ends, at his election.

At what prices were the BPRN phantom stock transactions recorded for Martin Tuchman?

The phantom stock transactions were recorded at per-unit values of $37.29 on June 12, 2026, $37.65 on June 15, 2026, and $37.70 on June 16, 2026. These values determine the economic equivalent credited under the deferred compensation arrangement.

Do these BPRN Form 4 phantom stock entries mean Martin Tuchman bought or sold shares?

No, the entries are coded as discretionary transactions under Rule 16b-3(f), not as buys or sells. They represent adjustments to phantom stock under a deferred compensation plan, rather than open-market trading in Princeton Bancorp common stock.

What is phantom stock in the context of Princeton Bancorp (BPRN)?

Phantom stock in this filing represents units whose value mirrors BPRN common stock. According to the disclosure, each phantom share equals one BPRN share economically and becomes payable, in cash or stock at the director’s election, after the director’s service terminates.

Under which plan were Martin Tuchman’s BPRN phantom stock units acquired?

The phantom stock units were acquired under Princeton Bancorp’s Non-Employee Directors Deferred Compensation Plan. This plan lets non-employee directors defer compensation into phantom stock units that track the value of BPRN common shares until their board service ends.