Princeton Bancorp (BPRN) director adds 1,700 shares, 2,250 RSUs
Rhea-AI Filing Summary
Princeton Bancorp, Inc. director Ross Wishnick reported equity transactions involving company stock and restricted stock units. On 01/22/2026, 1,700 restricted stock units were converted at $0 into 1,700 shares of common stock, increasing his directly held common shares to 74,693, with an additional 16,200 shares held indirectly by Glenmead Trust as custodian for an IRA. On 01/21/2026, he received a new grant of 2,250 restricted stock units at an exercise price of $0, which are scheduled to vest in full on the first anniversary of the grant. Each restricted stock unit represents the right to receive either cash equal to the value of one common share or one share of common stock.
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FAQ
What insider transaction did Princeton Bancorp (BPRN) report for Ross Wishnick?
The filing shows that director Ross Wishnick had 1,700 restricted stock units convert into 1,700 shares of common stock on 01/22/2026 and received a new grant of 2,250 restricted stock units on 01/21/2026.
How many Princeton Bancorp (BPRN) shares does Ross Wishnick own after these transactions?
After the reported transactions, Ross Wishnick directly owns 74,693 shares of common stock and indirectly holds 16,200 shares through Glenmead Trust as custodian for an IRA, plus 2,250 restricted stock units.
Were any Princeton Bancorp (BPRN) shares sold in this Form 4 filing?
No sales are reported. The Form 4 shows a conversion of 1,700 restricted stock units into common stock at $0 and a new award of 2,250 restricted stock units, with no disposition of common shares.
What are the terms of the new restricted stock units granted to Ross Wishnick at Princeton Bancorp?
The 2,250 restricted stock units granted on 01/21/2026 each represent the right to receive either the value of one share of common stock in cash or one share of common stock, and they vest in full on the first anniversary of the grant date.
What does the Form 4 say about the restricted stock units that converted on 01/22/2026?
The filing explains that the 1,700 shares of common stock acquired on 01/22/2026 were received upon vesting of a restricted stock unit award that expired on that date, with each unit representing the right to cash or one share of common stock.
How is indirect ownership reported for Princeton Bancorp (BPRN) in this Form 4?
The Form 4 lists 16,200 shares of common stock as indirectly owned by Ross Wishnick, held "By Glenmead Trust as Custodian for IRA", distinguishing them from his directly held shares.