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.
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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.
How many Princeton Bancorp (BPRN) shares were withheld to cover Daniel O'Donnell's taxes?
The Form 4 shows three withholding entries: 705 shares at $37.08, 762 shares at $37.08, and 1,009 shares at $37.09. Each relates to tax payments on specific restricted stock unit vesting dates in January 2026.
How many Princeton Bancorp (BPRN) shares does COO Daniel O'Donnell hold after the transactions?
Following the reported withholding transactions, Daniel J. O'Donnell directly owned 18,969 shares of Princeton Bancorp common stock. This post-transaction balance is disclosed in the Form 4 as the amount beneficially owned after the final reported withholding event.
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.
Which RSU vesting dates triggered the Princeton Bancorp (BPRN) share withholdings?
The filing notes that RSUs vested on January 22, 2026, January 24, 2026, and January 25, 2026. For each vesting event, shares of Princeton Bancorp common stock were withheld to pay Daniel O'Donnell's tax obligations arising from the vesting.