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Princeton Bancorp (BPRN) CFO reports RSU grant and 669-share vest

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

Rhea-AI Filing Summary

Princeton Bancorp, Inc. (BPRN) reported an insider equity transaction by its Chief Financial Officer, George S. Rapp. On 01/21/2026, he was awarded 1,813 restricted stock units (RSUs) at a price of $0 per unit. Each RSU represents the right to receive either cash equal to the value of one share of common stock or one share of common stock and vests in one-third installments over three years on each anniversary of the grant date.

On 01/22/2026, 669 RSUs from a prior award expiring on 01/22/2028 vested and were settled into 669 shares of common stock at $0. After this transaction, Rapp directly owned 5,772 shares of common stock and 1,340 RSUs from the earlier award, while the newly granted 1,813 RSUs were reported separately as directly held derivative securities.

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*
Rapp George S.

(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 Financial 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 669(1) A $0 5,772 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 1,813 01/21/2027 01/21/2029 Common Stock 1,813 $0 1,813 D
Restricted Stock Units(2) $0 01/22/2026 M 669 01/22/2026 01/22/2028 Common Stock 669 $0 1,340 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.
George S. Rapp, 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.
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

Who is the insider in Princeton Bancorp (BPRN)'s latest Form 4 filing?

The insider is George S. Rapp, who serves as Chief Financial Officer of Princeton Bancorp, Inc. (BPRN). The Form 4 indicates the filing is made by one reporting person and identifies him as an officer with that title.

What equity award did Princeton Bancorp (BPRN) grant to its CFO on 01/21/2026?

On 01/21/2026, the CFO received 1,813 restricted stock units (RSUs) at an exercise price of $0. Each RSU represents the contingent right to receive either the value of one share of common stock in cash or one share of common stock and vests in one-third installments over three years on each anniversary of the grant date.

What transaction occurred in Princeton Bancorp (BPRN) common stock on 01/22/2026?

On 01/22/2026, 669 RSUs were exercised (transaction code M) and converted into 669 shares of common stock at a price of $0. These shares were acquired pursuant to the vesting of a restricted stock unit award expiring on 01/22/2028, increasing the CFO’s directly held common stock.

How many Princeton Bancorp (BPRN) common shares does the CFO hold after these transactions?

Following the 01/22/2026 RSU conversion, the CFO directly owned 5,772 shares of common stock, as shown in Table I of the filing. This figure reflects his beneficial ownership of non-derivative common shares after the reported transaction.

How many restricted stock units does the Princeton Bancorp (BPRN) CFO hold after the Form 4 transactions?

After the 01/22/2026 RSU exercise of 669 units from the earlier award, that award had 1,340 RSUs remaining. Separately, the new 1,813 RSU grant from 01/21/2026 is reported with 1,813 derivative securities beneficially owned, all held directly.

What are the vesting terms of the Princeton Bancorp (BPRN) restricted stock units reported in this Form 4?

The footnotes state that 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 RSUs vest in 1/3 installments over a 3-year period on each anniversary of the grant date, creating a multi-year vesting schedule.

Princeton Bancorp, Inc.

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