Rapp George S. 4

What Happened
George S. Rapp, Chief Financial Officer of Princeton Bancorp (BPRN), received a grant of 1,813 restricted stock units (RSUs) on 01/21/2026 (reported as an Award, code A). On 01/22/2026, 669 RSUs were converted/exercised into 669 shares (code M) and those 669 shares were disposed the same day (code M). All transactions are reported at $0.00 per share (award/derivative settlement reported with no purchase price).

Key Details

• Transaction dates: Grant/Award on 2026-01-21; conversion/acquisition and disposition on 2026-01-22.
• Reported prices/values: Award and conversions reported at $0.00 per share (total values shown as $0).
• Shares involved: 1,813 RSUs granted; 669 RSUs converted to shares and 669 shares disposed on the same day.
• Vesting/terms (footnotes): The RSUs represent the right to receive either cash or one share each; they vest in 1/3 installments over 3 years and the relevant award expires 01/22/2028. (See F1 and F2 in the filing.)
• Shares owned after the transaction: Not specified in the summary provided here—see the Form 4 for post-transaction holdings.
• Timeliness: Form filed 01/22/2026 for transactions on 01/21–01/22/2026 (appears timely).

Context
A = Award (grant of RSUs); M = exercise/conversion of a derivative. The same-day conversion and disposition of 669 shares indicates the vested RSUs were converted and then sold or transferred on the same day (often used to cover taxes or realize value), but the filing itself does not state the reason. These transactions reflect routine RSU vesting/settlement rather than an open-market purchase; avoid inferring motivation from the filing alone.