Giacin Judith A. 4

What Happened

• Judith A. Giacin, a director of Princeton Bancorp, had 2,250 restricted stock units (RSUs) recorded as acquired (vested) on 2026-01-21. The Form 4 also reports an exercise/conversion of 1,700 derivative units on 2026-01-22 that were both acquired and immediately disposed; all transactions show $0.00 per share (no cash value reported).
• This filing reflects a grant/vesting event (award of RSUs) and a derivative conversion/exercise. The activity appears routine (compensation-related vesting and conversion) rather than an open-market buy or sale for investment.

Key Details

• Transaction dates and prices:
  • 2026-01-21: Grant/award (A) — 2,250 RSUs acquired @ $0.00 (derivative)
  • 2026-01-22: Exercise/conversion (M) — 1,700 shares acquired @ $0.00 (derivative)
  • 2026-01-22: Exercise/conversion (M) — 1,700 shares disposed @ $0.00 (derivative)
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Footnotes:
  • F1: Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/22/2026.
  • F2: Each RSU represents the contingent right to receive either the value of one share in cash or one share of common stock; these RSUs vest in full on the first anniversary of the grant.
• Filing timeliness: Form 4 was filed 2026-01-23 for transactions on 2026-01-21/22; this appears to be within the standard Form 4 reporting window (not flagged as late).

Context

• RSUs are a compensation instrument that convert into shares or cash at vesting; the filing shows vesting plus a conversion/exercise. The paired acquisition and immediate disposition of 1,700 units at $0 is consistent with common settlement practices (e.g., net-share settlement or immediate sale to cover taxes or other obligations), but the Form 4 does not state the reason.
• No dollar values are reported on the Form 4 for these entries, so there is no explicit market-value change shown for investors to interpret as a buy or sell signal.