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Princeton Bancorp (BPRN) CIO gains common stock as RSUs vest

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

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.
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)
01/24/2026
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 01/24/2026 M 610(1) A $0 1,299 D
Common Stock 01/25/2026 M 625(2) A $0 1,924 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(3) $0 01/24/2026 M 610 01/24/2025 01/24/2027 Common Stock 1,220 $0 610 D
Restricted Stock Units(3) $0 01/25/2026 M 625 01/25/2024 01/25/2026 Common Stock 625 $0 0 D
Explanation of Responses:
1. Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/24/2027.
2. Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/25/2026.
3. 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 01/27/2026
** 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 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.

Princeton Bancorp, Inc.

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