Princeton Bancorp (BPRN) CLO logs 2,103 RSU grant and 776-share vest

Rhea-AI Filing Summary

Princeton Bancorp, Inc. Chief Lending Officer Stephanie Adkins reported equity compensation activity involving both restricted stock units (RSUs) and common stock. On 01/21/2026, she was granted 2,103 RSUs at an exercise price of $0, each representing the right to receive either cash equal to the value of one common share or one share of common stock. These RSUs vest in three equal installments over a three-year period on each anniversary of the grant date.

On 01/22/2026, 776 RSUs from a prior award expiring on 01/22/2028 vested and were converted into 776 shares of common stock at $0 per share. Following this conversion, Adkins directly held 20,740 shares of common stock and 1,554 RSUs from the older award, along with the newly granted 2,103 RSUs from 2026.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Adkins Stephanie

(Last) (First) (Middle)

183 BAYARD LANE

(Street)

PRINCETON NJ 08540

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Princeton Bancorp, Inc. [ BPRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Lending Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/22/2026		M		776(1)	A	$0	20,740	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(2)	$0	01/21/2026		A		2,103		01/21/2027	01/21/2029	Common Stock	2,103	$0	2,103	D
Restricted Stock Units(2)	$0	01/22/2026		M			776	01/22/2026	01/22/2028	Common Stock	776	$0	1,554	D

Explanation of Responses:

1. Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/22/2028

2. Each restricted stock unit represents the contingent right to receive either the value of one share of common stock in cash or one share of common stock. These restricted stock units vest in 1/3 installments over a 3-year period on each anniversary of the grant date.

	Stephanie Adkins, by Edward Hogan as attorney-in-fact	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did BPRN Chief Lending Officer report?

Stephanie Adkins, Chief Lending Officer of Princeton Bancorp, Inc. (BPRN), reported the grant of new restricted stock units and the vesting and conversion of existing RSUs into common stock.

How many new restricted stock units did Stephanie Adkins receive from Princeton Bancorp (BPRN)?

On 01/21/2026, Stephanie Adkins received a grant of 2,103 restricted stock units (RSUs) at an exercise price of $0, each tied to the value of one share of common stock.

How do the BPRN restricted stock units reported by Stephanie Adkins vest?

The filing states that each restricted stock unit represents the right to receive the value of one share of common stock in cash or one share of common stock, and that these RSUs vest in 1/3 installments over a 3-year period on each anniversary of the grant date.

What happened to the previously granted Princeton Bancorp RSUs expiring on 01/22/2028?

On 01/22/2026, 776 RSUs from an earlier award expiring on 01/22/2028 vested and were converted into 776 shares of common stock at a price of $0 per share.

How many Princeton Bancorp (BPRN) common shares does Stephanie Adkins own after these transactions?

After the reported transactions on 01/22/2026, Stephanie Adkins directly owned 20,740 shares of common stock of Princeton Bancorp, Inc.

How many restricted stock units does the BPRN executive hold after the Form 4 transactions?

Following the 01/22/2026 RSU conversion, the older award showed 1,554 RSUs remaining, and the new 2,103 RSU grant from 01/21/2026 was outstanding as reported.