Rapp George S. 4
4 · Princeton Bancorp, Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Princeton Bancorp (BPRN) CFO George Rapp Converts RSUs to 1,235 Shares
What Happened
- George S. Rapp, Chief Financial Officer of Princeton Bancorp, converted restricted stock units (RSUs) into a total of 1,235 shares of common stock. The filings show conversions/exercises of derivative securities (transaction code M) for 610 and 625 shares.
- Each conversion was reported at $0.00 per share (no cash paid on exercise), so there were no purchase proceeds or sale proceeds reported. These transactions reflect the vesting/settlement of RSU awards, not open-market purchases or voluntary sales.
Key Details
- Transaction dates and amounts: 610 shares (conversion) on 2026-01-24; 625 shares (conversion) on 2026-01-25. Both conversions also appear as disposals of the derivative instrument on 2026-01-24 in the filing (these paired entries reflect conversion of the RSU/derivative into common stock).
- Price: $0.00 per share (reflects conversion/settlement of RSUs, not a cash purchase).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1/F2 — shares were acquired pursuant to vesting of listed RSU awards (one award expiring 01/24/2027, another expiring 01/25/2026). F3 — each RSU represents the right to receive either one share or its cash value; RSUs vest in one-third installments over three years on each grant anniversary.
- Filing: Form 4 filed 2026-01-27 covering transactions on Jan 24–25, 2026 (no late-filing flag provided in the supplied data).
Context
- These entries reflect routine vesting/settlement of RSUs (derivative conversion), not market purchases or discretionary sales; such vesting is a standard compensation event and does not necessarily signal insider sentiment.
- Transaction code M denotes conversion/exercise of a derivative security (RSU) into shares. No tax-withholding or sales-for-cash details were shown in the provided entries.
Insider Transaction Report
Form 4
Rapp George S.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-01-24+610→ 6,382 total - Exercise/Conversion
Common Stock
[F2]2026-01-25+625→ 7,007 total - Exercise/Conversion
Restricted Stock Units
[F3]2026-01-24−610→ 610 totalExercise: $0.00From: 2025-01-24Exp: 2027-01-24→ Common Stock (1,220 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-01-24−625→ 0 totalExercise: $0.00From: 2024-01-25Exp: 2026-01-25→ Common Stock (625 underlying)
Footnotes (3)
- [F1]Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/24/2027.
- [F2]Shares acquired pursuant to the vesting of the restricted stock unit award listed below expiring on 01/25/2026.
- [F3]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
George S. Rapp, by Edward Hogan as attorney-in-fact|2026-01-27