Clark Matthew T. 4

What Happened

• Matthew T. Clark, Chief Information Officer of Princeton Bancorp (ticker: BPRN), reported conversions/vestings of restricted stock units (derivative transactions, code M) that resulted in the acquisition of 1,235 shares in total: 610 shares on 2026-01-24 and 625 shares on 2026-01-25. Each conversion is reported at $0.00. The filing also records matching "disposed" entries for the same amounts and dates.

Key Details

• Transaction dates and reported price:
  • 2026-01-24: 610 shares acquired @ $0.00; 610 shares disposed @ $0.00.
  • 2026-01-25: 625 shares acquired @ $0.00; 625 shares disposed @ $0.00.
• Total shares from these events: 1,235 shares.
• Shares owned after the transactions: not specified in the provided filing details.
• Footnotes of note:
  • F1/F2: Shares were acquired pursuant to vesting of restricted stock unit awards (vesting dates noted).
  • F3: Each RSU represents the contingent right to receive either the value of one share in cash or one share of common stock; RSUs vest in 1/3 installments over three years on anniversaries of the grant date.
• Filing info: Form 4 filed 2026-01-27 reporting transactions with period ending 2026-01-24. The filing does not indicate a late-filing code.

Context

• Code M denotes exercise or conversion of a derivative security. Here, the filing reflects RSU vesting/conversion rather than an open‑market purchase or sale. The paired "acquired" and "disposed" entries for identical amounts commonly reflect settlement mechanics (for example, conversion followed by net settlement or withholding) or a cash settlement election, but the filing does not detail the settlement method. These types of vesting/conversion events are usually routine compensation-related transactions rather than directional buys or sells.