Princeton Bancorp, Inc.·4

Jan 26, 7:28 AM ET

WISHNICK ROSS 4

Research Summary

AI-generated summary

Updated

Princeton Bancorp (BPRN) Director Ross Wishnick Receives RSUs, Sells 1,700

What Happened

  • Ross Wishnick, a director of Princeton Bancorp (BPRN), received 2,250 restricted stock units (RSUs) that vested and, on the following day, converted/exercised 1,700 derivative units into shares which were disposed the same day. All transactions are reported at $0.00 consideration (typical for RSU vesting/net-share settlement).

Key Details

  • Transaction dates and types:
    • 2026-01-21: Grant/award — 2,250 RSUs vested/was reported as acquired (derivative) (Footnote F2/F3).
    • 2026-01-22: Exercise/conversion of derivative — 1,700 shares acquired (reported $0.00) and 1,700 shares disposed same day (reported $0.00).
  • Prices/values: all line items reported at $0.00 (common for RSU vesting or net-share settlement); no cash amounts disclosed.
  • Shares owned after transaction: not specified in the filing.
  • Footnotes of note:
    • F1–F3: RSUs represent the contingent right to receive either cash equal to the value of one share or one share of common stock; these units vested in full on the first anniversary date of the grant.
  • Filing timeliness: Form 4 was filed on 2026-01-26 reporting transactions from 2026-01-21 and 01-22. That is outside the typical two-business-day filing window for Form 4, so the filing appears to have been submitted later than the standard deadline.

Context

  • These entries reflect RSU vesting and immediate conversion/disposition of a portion of those units. Such transactions are often administrative (vesting and settlement) rather than discretionary open-market buys or sells by an insider. The filing provides no purchase price or proceeds, and does not specify whether the disposals were to cover taxes or for other reasons.