BlackRock Inc (BPRN) discloses 5.5% Princeton Bancorp ownership with sole control
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Princeton Bancorp Inc. BlackRock beneficially owns 374,815 shares of common stock, representing 5.5% of the class. This stake is reported by certain business units of BlackRock and its subsidiaries and affiliates.
BlackRock has sole voting power over 369,803 shares and no shared voting power. It also has sole dispositive power over 374,815 shares and no shared dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single person has more than five percent of Princeton Bancorp’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 374,815 shares
Percent of class: 5.5 %
Sole voting power: 369,803 shares
+3 more
6 metrics
Beneficially owned shares
374,815 shares
Common stock of Princeton Bancorp Inc beneficially owned by BlackRock
Percent of class
5.5 %
Portion of Princeton Bancorp Inc common stock class owned by BlackRock
Sole voting power
369,803 shares
Shares of Princeton Bancorp Inc over which BlackRock has sole voting power
Shared voting power
0 shares
Shares of Princeton Bancorp Inc over which BlackRock has shared voting power
Sole dispositive power
374,815 shares
Shares of Princeton Bancorp Inc over which BlackRock has sole dispositive power
Shared dispositive power
0 shares
Shares of Princeton Bancorp Inc over which BlackRock has shared dispositive power
Key Terms
beneficially owned, sole voting power, dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 369,803.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 374,815.00 8 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"form_type": "SCHEDULE 13G""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit Information Exhibit 24: Power of Attorney Exhibit 99"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Princeton Bancorp Inc (BPRN) does BlackRock own?
BlackRock reports beneficial ownership of 5.5% of the class of Princeton Bancorp Inc common stock. This percentage reflects shares attributed to specific BlackRock business units under SEC beneficial ownership standards.
What dispositive power does BlackRock report for Princeton Bancorp Inc (BPRN)?
BlackRock reports sole dispositive power over 374,815 shares of Princeton Bancorp Inc and no shared dispositive power. Dispositive power refers to the authority to decide whether and when to sell or otherwise dispose of the shares.
Do any other investors hold over 5% of Princeton Bancorp Inc (BPRN) through BlackRock’s position?
The disclosure states that various persons have rights to dividends or sale proceeds from the Princeton Bancorp Inc shares, but no one person’s interest exceeds five percent of the company’s total outstanding common shares.