secwatch.observer — SEC 8-K summary
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Issuer:     Princeton Bancorp, Inc. (BPRN)
CIK:        0001913971
Form:       8-K
Filed at:   2025-11-25T23:59:59+00:00
Accession:  0001193125-25-297299
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Princeton Bancorp expands deferred comp plan to include CEO, COO effective Jan 1, 2026
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- Plan amended to allow CEO and COO to defer annual cash compensation into phantom investments, including company stock fund.
- Executives also eligible for discretionary employer restoration contributions subject to Compensation Committee approval.
- Participants are 100% vested in their own deferrals; discretionary contributions may have vesting conditions.
- Deferral elections must be made annually by Dec 31 prior to year compensation earned; no carryover from year to year.
- Distributions may be lump sum or installments (2-5 years); must begin at least 2 years after deferral.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1913971/000119312525297299/0001193125-25-297299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1913971/000119312525297299/d75535d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-297299

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