Adkins Stephanie 4

What Happened Stephanie Adkins, Chief Lending Officer of Princeton Bancorp, had a total of 654 shares withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs). The filing shows three dispositions on 2026-02-09: 182 shares at $37.08 ($6,749), 209 shares at $37.08 ($7,750), and 263 shares at $37.09 ($9,755), totaling 654 shares and $24,254. These are tax-withholding share dispositions (coded F), not open-market sales.

Key Details

• Transaction dates/prices: 2026-02-09 — 182 @ $37.08; 209 @ $37.08; 263 @ $37.09.
• Total shares withheld: 654; total value reported: $24,254.
• Transaction code: F — shares withheld to pay tax liability (net share settlement) upon RSU vesting.
• Related vesting dates per footnotes: RSUs vested on Jan 22, Jan 24, and Jan 25, 2026 (F3, F2, F1 respectively).
• Shares owned after the transactions: not specified in the excerpt provided.
• Filing timeliness: Report filed 2026-02-10 for transactions on 2026-02-09 — appears timely (filed the next business day).

Context Withholding shares to cover taxes is a routine administrative action when RSUs vest; it reduces the insider's share count but is generally not a directional trading signal like an open-market sale or purchase. This was effectively a cashless/net settlement to satisfy payroll tax withholding rather than an expression of buy/sell intent.