Giacin Judith A. 4
4 · Princeton Bancorp, Inc. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Princeton Bancorp (BPRN) Director Judith Giacin Acquires Phantom Shares
What Happened
- Judith A. Giacin, a director of Princeton Bancorp (BPRN), acquired a total of 531 phantom shares (derivative units) under the issuer's Non-Employee Directors Deferred Compensation Plan. The three discretionary acquisitions occurred at per-share values of $37.29, $37.65 and $37.70, totaling approximately $19,945.
Key Details
- Transaction dates and prices:
- 2026-06-12: 177 phantom shares @ $37.29 = $6,600
- 2026-06-15: 23 phantom shares @ $37.65 = $866
- 2026-06-16: 331 phantom shares @ $37.70 = $12,479
- Total acquired: 531 phantom shares, total value ≈ $19,945.
- Shares owned after transaction: not specified in the filing.
- Footnote: The shares are phantom stock under the Non-Employee Directors Deferred Compensation Plan. Each phantom share equals the economic equivalent of one common share and becomes payable in cash or common stock, at the reporting person's election, upon termination of service as a director.
- Filing timeliness: Form 4 was filed on 2026-06-24 reporting transactions from 2026-06-12 to 2026-06-16. SEC rules generally require Form 4 within two business days of a transaction; this filing appears to have been submitted after that window.
Context
- These were derivative (phantom) awards under a deferred compensation plan, not open-market purchases. Phantom shares track the economic value of common stock and are paid out later in cash or shares, so they reflect compensation/accounting for board service rather than immediate buying or selling activity.
Insider Transaction Report
Form 4
Giacin Judith A.
Director
Transactions
- Discretionary Transaction
Phantom stock
[F1]2026-06-12$37.29/sh+177$6,600→ 5,332 totalExercise: $0.00→ Common Stock (177 underlying) - Discretionary Transaction
Phantom stock
[F1]2026-06-15$37.65/sh+23$866→ 5,355 totalExercise: $0.00→ Common Stock (23 underlying) - Discretionary Transaction
Phantom stock
[F1]2026-06-16$37.70/sh+331$12,479→ 5,686 totalExercise: $0.00→ Common Stock (331 underlying)
Footnotes (1)
- [F1]Acquired under the issuer's Non-Employee Directors Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of BPRN common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.
Signature
Judith Giacin, by Edward Hogan as attorney-in-fact|2026-06-24