Rapp George S. 4
4 · Princeton Bancorp, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Princeton Bancorp (BPRN) CFO George S. Rapp Withholds Shares for Taxes
What Happened
George S. Rapp, Chief Financial Officer of Princeton Bancorp (BPRN), had 587 shares of company stock withheld to satisfy tax liabilities arising from vested restricted stock units (RSUs). The withholdings occurred on Feb 9, 2026, in three batches: 172 shares at $37.08 ($6,378), 210 shares at $37.08 ($7,787), and 205 shares at $37.09 ($7,603) — total value about $21,768. This is a tax-withholding disposal (routine), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-10 (timely; Form 4s are due within two business days).
- Prices and amounts: 172 shares @ $37.08 ($6,378); 210 shares @ $37.08 ($7,787); 205 shares @ $37.09 ($7,603).
- Total withheld: 587 shares, ~ $21,768.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Footnotes: Withholdings were to cover tax liabilities for RSUs that vested on Jan 25, 2026 (172 shares), Jan 24, 2026 (210 shares), and Jan 22, 2026 (205 shares).
- Transaction code: F — tax withholding (routine, not a sentiment signal).
Context
These transactions reflect a cashless tax withholding tied to RSU vesting (the company retains/withholds shares to pay taxes). Such disposals are common when restricted awards vest and do not necessarily indicate the insider’s view on the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-09$37.08/sh−172$6,378→ 6,835 total - Tax Payment
Common Stock
[F2]2026-02-09$37.08/sh−210$7,787→ 6,625 total - Tax Payment
Common Stock
[F3]2026-02-09$37.09/sh−205$7,603→ 6,420 total
Footnotes (3)
- [F1]Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 25, 2026.
- [F2]Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 24, 2026.
- [F3]Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 22, 2026.