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Princeton Bancorp (BPRN) CIO granted 1,647 RSUs and converts 608 into stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Princeton Bancorp, Inc. Chief Information Officer Matthew T. Clark reported equity compensation activity in the form of restricted stock units (RSUs) and common stock. On 01/21/2026, he was granted 1,647 RSUs at an exercise price of $0, each representing the right to receive either cash equal to one share of common stock or one share of common stock. These RSUs vest in one-third installments over three years on each anniversary of the grant date, with an initial vesting period from 01/21/2027 to 01/21/2029.

On 01/22/2026, 608 RSUs were converted (transaction code M) into 608 shares of common stock at $0, increasing Clark’s directly owned common stock to 689 shares and leaving him with 1,217 RSUs outstanding directly.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Clark Matthew T.

(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 Information 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 608(1) A $0 689 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 1,647 01/21/2027 01/21/2029 Common Stock 1,647 $0 1,647 D
Restricted Stock Units(2) $0 01/22/2026 M 608 01/22/2026 01/22/2028 Common Stock 608 $0 1,217 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.
Matthew T. Clark, by Edward Hogan as attorney-in-fact 01/23/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did BPRN report for Matthew T. Clark?

The filing shows that Chief Information Officer Matthew T. Clark received a grant of 1,647 restricted stock units (RSUs) on 01/21/2026 and had 608 RSUs convert into 608 shares of common stock on 01/22/2026, all at an exercise price of $0.

How many Princeton Bancorp (BPRN) RSUs were granted to the CIO?

On 01/21/2026, Matthew T. Clark was granted 1,647 restricted stock units, each representing the right to receive either the value of one share of common stock in cash or one share of common stock.

What is the vesting schedule for Matthew T. Clark’s BPRN RSUs?

The filing states that the restricted stock units vest in 1/3 installments over a 3-year period on each anniversary of the grant date, with a vesting and expiration window running from 01/21/2027 to 01/21/2029 for the 01/21/2026 grant.

How many Princeton Bancorp common shares does the CIO own after these transactions?

Following the 01/22/2026 RSU conversion, Matthew T. Clark directly owns 689 shares of common stock, according to the Form 4.

How many BPRN restricted stock units does the CIO hold after the reported transactions?

After the 01/22/2026 transaction, the Form 4 reports that Matthew T. Clark directly holds 1,217 restricted stock units.

What do the BPRN restricted stock units represent for Matthew T. Clark?

Each restricted stock unit represents the contingent right to receive either cash equal to the value of one share of common stock or one share of common stock, as described in the filing footnote.
Princeton Bancorp, Inc.

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