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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 625 | $0.00 | -- |
| Exercise | Common Stock | 625 | $0.00 | -- |
| Exercise | Restricted Stock Units | 610 | $0.00 | -- |
| Exercise | Common Stock | 610 | $0.00 | -- |
Footnotes (1)
- Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/24/2027. Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/25/2026. 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 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.
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.