4//SEC Filing
Clark Matthew T. 4
Accession 0001193125-26-020506
CIK 0001913971other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 10:12 AM ET
Size
9.0 KB
Accession
0001193125-26-020506
Research Summary
AI-generated summary of this filing
Princeton Bancorp (BPRN) CIO Matthew T. Clark Receives RSUs, Converts 608
What Happened
- Matthew T. Clark, Chief Information Officer of Princeton Bancorp (BPRN), reported the vesting of restricted stock units (RSUs) and a same-week conversion. On 2026-01-21, 1,647 RSUs vested (reported as an award). On 2026-01-22 he converted/exercised 608 derivative units into shares and a matching 608 shares were disposed the same day. All transactions show $0.00 per-share in the filing (common for RSU vesting/conversion events).
Key Details
- Transaction dates: Award/vesting 2026-01-21; conversion/exercise and disposal 2026-01-22.
- Report filed: 2026-01-23 (timely within standard 2-business-day window).
- Prices/values: entries reported at $0.00 per share (total dollar amounts not reported in the Form 4 lines provided).
- Shares owned after transaction: not specified in the supplied details.
- Footnotes:
- F1 — Shares were acquired pursuant to the vesting of the RSU award; award expires 01/22/2028.
- F2 — Each RSU represents the contingent right to receive cash or one share; RSUs vest in one-third installments over three years (each anniversary of grant).
- Transaction codes: A = award/grant; M = exercise/conversion of derivative; the disposal on the same day is reported separately.
Context
- RSU vesting is a compensation event (not an open-market buy). Conversion/exercise (M) means derivative rights were converted into shares; the immediate disposal of 608 shares is commonly done to satisfy tax withholding or to monetize a portion of the award, though the Form 4 does not state the reason.
- This filing documents executive compensation and routine post-vesting activity rather than an open-market purchase or a discretionary sale by the insider.
Insider Transaction Report
Form 4
Clark Matthew T.
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-01-22+608→ 689 total - Award
Restricted Stock Units
[F2]2026-01-21+1,647→ 1,647 totalExercise: $0.00From: 2027-01-21Exp: 2029-01-21→ Common Stock (1,647 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-01-22−608→ 1,217 totalExercise: $0.00From: 2026-01-22Exp: 2028-01-22→ Common Stock (608 underlying)
Footnotes (2)
- [F1]Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/22/2028.
- [F2]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.
Signature
Matthew T. Clark, by Edward Hogan as attorney-in-fact|2026-01-23
Documents
Issuer
Princeton Bancorp, Inc.
CIK 0001913971
Entity typeother
Related Parties
1- filerCIK 0001957226
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 10:12 AM ET
- Size
- 9.0 KB