Princeton Bancorp (BPRN) COO uses share withholding to cover RSU taxes
Rhea-AI Filing Summary
Princeton Bancorp, Inc. Chief Operating Officer Daniel J. O'Donnell reported share withholding transactions tied to restricted stock unit vesting. On February 9, 2026, he had 705, 762, and 1,009 shares of common stock withheld at about $37.08–$37.09 per share to cover tax liabilities on RSUs that vested on January 22, 24, and 25, 2026. After these transactions, he directly owned 18,969 shares of Princeton Bancorp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 705 | $37.08 | $26K |
| Tax Withholding | Common Stock | 762 | $37.08 | $28K |
| Tax Withholding | Common Stock | 1,009 | $37.09 | $37K |
Footnotes (1)
- Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 25, 2026. Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 24, 2026. Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 22, 2026.
FAQ
What insider transaction did Princeton Bancorp (BPRN) report for its COO?
Princeton Bancorp reported that Chief Operating Officer Daniel J. O'Donnell had company shares withheld to cover taxes. On February 9, 2026, three withholding transactions reduced his holdings, all related to recently vested restricted stock units.
Were Daniel O'Donnell's Princeton Bancorp (BPRN) transactions open-market sales?
No. The filing states the transactions represent payment of tax liabilities by withholding shares. These withholdings occurred incident to the vesting of restricted stock units on January 22, 24, and 25, 2026, rather than discretionary market sales.
What does transaction code "F" mean in the Princeton Bancorp (BPRN) Form 4?
In this Form 4, transaction code "F" identifies share withholdings used to pay taxes upon restricted stock unit vesting. The footnotes explain that each "F" transaction satisfied the reporting person's tax liability tied to specific January 2026 vesting dates.