O'Donnell Daniel J. 4

What Happened

• Daniel J. O'Donnell, Chief Operating Officer of Princeton Bancorp, exercised stock options on 2026-04-07 to acquire a total of 10,000 shares (9,265 + 735) at an exercise price of $22.00 per share, for a total exercise cost of $220,000. The Form 4 shows corresponding disposition entries for the derivative interests at $0.
• This transaction is an option exercise (transaction code M), which results in acquisition of shares (a purchase-type event). The filing does not show any open-market sale proceeds.

Key Details

• Transaction date: 2026-04-07; Filing date: 2026-04-08 (timely).
• Shares acquired: 10,000 shares at $22.00 each = $220,000 total (735 shares = $16,170; 9,265 shares = $203,830).
• Disposition entries: 10,000 derivative units shown as disposed at $0 in the filing (Form 4 shows both acquired and derivative-disposed lines).
• Shares owned after transaction: Not provided in the details supplied.
• Footnotes/other plans: No 10b5-1 plan, tax withholding, or late filing indication shown in the provided data.

Context

• The filing uses code M (exercise or conversion of derivative). The matching disposition lines at $0 typically reflect how the exercised derivative interests were converted/settled (for example, surrender/withholding or net settlement), but the Form 4 does not show an open-market sale of shares for proceeds. The entry therefore documents an exercise rather than a reported sale.