Adkins Stephanie 4

What Happened
Stephanie Adkins, Chief Lending Officer of Princeton Bancorp (BPRN), reported the vesting/conversion of restricted stock units (RSUs) that resulted in 686 shares on 2026-01-24 and 703 shares on 2026-01-25 (1,389 shares total). The Form 4 lists these as exercise/conversion of a derivative (code M) with $0.00 per-share and $0 total reported for these entries; equal numbers of shares are shown as both "acquired" and "disposed" on each date, indicating settlement/conversion activity rather than an open-market buy or sale.

Key Details

• Transaction dates: 2026-01-24 (686 shares) and 2026-01-25 (703 shares).
• Price reported: $0.00 per share; total cash shown $0 for each transaction.
• Total shares affected: 1,389 shares converted/settled.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1 and F2 state shares were acquired pursuant to vesting of RSU awards (expirations 01/24/2027 and 01/25/2026). F3 explains each RSU represents the contingent right to receive either cash or one share and vest in 1/3 installments annually.
• Filing: Form filed 2026-01-26 covering transactions on 1/24–1/25 — appears to be filed within the normal Form 4 reporting window.
• Transaction code: M = exercise or conversion of derivative instrument (here, RSU settlement).

Context
RSU vesting and conversion is typically routine compensation. The matching "acquired" and "disposed" entries with $0 reported suggest internal settlement of RSUs (for example, conversion and possible share withholding or cash settlement), not an open-market sale or purchase. The filing does not state proceeds or explicit tax withholding details, so no inference about market sentiment should be drawn.