Princeton Bancorp (BPRN) CIO gains common stock as RSUs vest
Rhea-AI Filing Summary
Princeton Bancorp, Inc. Chief Information Officer Matthew T. Clark reported routine equity compensation activity. On January 24, 2026, 610 restricted stock units vested and were converted to 610 shares of common stock at a price of $0, increasing his directly held common shares to 1,299. On January 25, 2026, another 625 restricted stock units vested and became 625 common shares at $0, bringing his directly held common stock to 1,924 shares.
The Form 4 also shows the related derivative movements: after the January 24 vesting, Clark held 610 restricted stock units, and after the January 25 vesting, the second RSU grant was fully converted, leaving 0 units from that award. 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 vests in one-third installments over three years on each grant anniversary.
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FAQ
What insider transaction did BPRN disclose for its CIO on this Form 4?
The filing shows that Chief Information Officer Matthew T. Clark acquired common stock in Princeton Bancorp, Inc. (BPRN) through the vesting and conversion of restricted stock units on January 24, 2026 and January 25, 2026. These are equity compensation events, reported with transaction code M, not open-market purchases or sales.
How many Princeton Bancorp (BPRN) shares did the CIO acquire in these transactions?
On January 24, 2026, 610 restricted stock units vested into 610 shares of common stock. On January 25, 2026, another 625 restricted stock units vested into 625 common shares. Both conversions were reported at a price of $0 per share, consistent with stock awards rather than cash purchases.
How many Princeton Bancorp (BPRN) shares does the CIO hold after these Form 4 transactions?
Following the reported transactions, Chief Information Officer Matthew T. Clark directly owns 1,924 shares of Princeton Bancorp, Inc. common stock. This reflects the addition of 610 shares on January 24, 2026 and 625 shares on January 25, 2026 as his restricted stock units vested.
What happened to the CIO’s restricted stock units (RSUs) in this BPRN Form 4?
The Form 4 shows two RSU awards being partially or fully converted. After 610 units vested on January 24, 2026, 610 restricted stock units remained from that award. After 625 units vested on January 25, 2026, the RSU award expiring on January 25, 2026 had 0 units remaining.
How do Princeton Bancorp (BPRN) restricted stock units for the CIO vest?
Each restricted stock unit represents the right to receive either the value of one share of Princeton Bancorp common stock in cash or one share of common stock. According to the disclosure, these RSUs vest in one-third installments over a three-year period on each anniversary of the grant date, leading to periodic conversions like those reported in this Form 4.
Were any Princeton Bancorp (BPRN) shares sold by the CIO in this Form 4?
No sales are reported. All transactions are coded M, indicating the exercise or conversion of derivative securities (restricted stock units) into common stock. The filing only shows shares being acquired through vesting, not disposed of.