Princeton Bancorp (BPRN) CIO uses share withholding to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Princeton Bancorp, Inc. Chief Information Officer Matthew T. Clark reported three share-withholding transactions on February 9, 2026. These were coded "F," meaning shares were withheld to cover taxes on previously granted restricted stock units as they vested.
The company withheld 172, 188, and 207 shares of common stock at prices of $37.08, $37.08, and $37.09, respectively. After these transactions, the reported beneficially owned common shares were 1,752, 1,564, and 1,357 on the corresponding lines, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Clark Matthew T.
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 172 | $37.08 | $6K |
| Tax Withholding | Common Stock | 188 | $37.08 | $7K |
| Tax Withholding | Common Stock | 207 | $37.09 | $8K |
Holdings After Transaction:
Common Stock — 1,752 shares (Direct)
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 activity did Princeton Bancorp (BPRN) report for its CIO?
Princeton Bancorp’s CIO, Matthew T. Clark, reported share withholding transactions to cover taxes. On February 9, 2026, the company withheld blocks of common stock tied to vested restricted stock units, rather than open-market sales, as disclosed in the Form 4 footnotes.
What does transaction code “F” mean in the Princeton Bancorp (BPRN) CIO Form 4?
Code “F” indicates shares were withheld to pay taxes on equity awards. In this Form 4, three code “F” entries show common stock withheld when restricted stock units vested, documenting tax-settlement events rather than typical buy or sell transactions.