Princeton Bancorp (BPRN) director gets RSUs and vested shares
Rhea-AI Filing Summary
Princeton Bancorp, Inc. director Stephen Distler reported equity compensation activity and updated share holdings. On January 21, 2026, he received 2,250 restricted stock units, each representing the right to receive either cash equal to one common share or one share of common stock, vesting in full on the first anniversary of the grant.
On January 22, 2026, 1,700 restricted stock units vested and were converted into 1,700 shares of common stock at a price of $0. Following this vesting, he held 91,996 common shares directly, in addition to 33,446 shares indirectly through a family limited partnership and 45,000 shares indirectly through an IRA custodial account.
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FAQ
What insider activity did BPRN director Stephen Distler report?
Director Stephen Distler reported an equity award of 2,250 restricted stock units on January 21, 2026 and the vesting of 1,700 units into 1,700 shares of Princeton Bancorp common stock on January 22, 2026.
How many Princeton Bancorp (BPRN) shares did the director receive from vesting?
On January 22, 2026, 1,700 restricted stock units vested and were converted into 1,700 shares of Princeton Bancorp common stock at a price of $0 per share.
What are the terms of the new restricted stock units granted to the BPRN director?
The filing shows 2,250 restricted stock units granted on January 21, 2026. Each unit represents the contingent right to receive either the value of one common share in cash or one share of common stock, vesting in full on the first anniversary of the grant.
How many Princeton Bancorp shares does the director now hold directly and indirectly?
After the reported transactions, the director held 91,996 shares of common stock directly, plus 33,446 shares indirectly through a family limited partnership and 45,000 shares indirectly through an IRA custodial account.
Did the Princeton Bancorp director pay anything for the vested shares?
No cash was paid for the vesting; the 1,700 restricted stock units converted into 1,700 common shares at a reported price of $0 per share, consistent with equity compensation vesting.
What role does the reporting person hold at Princeton Bancorp (BPRN)?
The reporting person, Stephen Distler, is identified in the filing as a director of Princeton Bancorp, Inc.