Form 4: Princeton Bancorp Executive Stephanie Adkins Reports Stock Transactions

Stephanie Adkins, Chief Lending Officer of Princeton Bancorp, reports the withholding of shares to cover tax liabilities related to vesting restricted stock units.

Summary

• Stephanie Adkins, Chief Lending Officer of Princeton Bancorp, filed a Form 4 detailing changes in beneficial ownership.
• The reported transactions involve the withholding of common stock to cover tax liabilities associated with the vesting of restricted stock units.
• These restricted stock units vested on January 24, 2025, January 25, 2025, and January 26, 2025.
• A total of 212 shares were withheld at a price of $33.23, 226 shares were withheld at a price of $33.23 and 236 shares were withheld at a price of $32.65.
• Following these transactions, Adkins beneficially owns 8,794 shares of Princeton Bancorp.
• The filing was signed on February 19, 2025, by Edward Hogan as attorney-in-fact for Stephanie Adkins.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transactions are related to tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they relate to tax obligations of an executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Princeton Bancorp, BPRN, Stephanie Adkins, Restricted Stock Units, Tax Liability, Chief Lending Officer