Form 4: Director Giacin Reports Phantom Stock Transaction in Princeton Bancorp, Inc.

Judith Giacin, a director of Princeton Bancorp, Inc., reported a transaction involving phantom stock, which is economically equivalent to common stock, on July 9, 2024.

Summary

• On July 9, 2024, Judith Giacin, a director of Princeton Bancorp, Inc. (BPRN), engaged in a transaction involving phantom stock.
• The transaction involved 594 shares of phantom stock, each equivalent to one share of BPRN common stock, at a price of $33.66.
• Following the reported transaction, Giacin directly owns 3,356 derivative securities.
• The phantom stock becomes payable in cash or common stock upon Giacin's termination of service as a director.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The phantom stock becomes payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.

Industry Context

This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency into the holdings and transactions of company directors.

Key Dates