Princeton Bancorp (BPRN) CIO granted 1,647 RSUs and converts 608 into stock
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
608 shares exercised/converted
Mixed
3 txns
Insider
Clark Matthew T.
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 608 | $0.00 | -- |
| Exercise | Common Stock | 608 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,647 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,217 shares (Direct);
Common Stock — 689 shares (Direct)
Footnotes (1)
- Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/22/2028. 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.
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 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.