Tonkovich of Princeton Bancorp (BPRN) sells $25k in stock

Published 01/08/2025, 19:48
Tonkovich of Princeton Bancorp (BPRN) sells $25k in stock

Christopher Tonkovich, Chief Credit Officer at Princeton Bancorp, Inc. (BPRN), reported selling 835 shares of common stock at a price of $30.49 on July 30, 2025, for a total value of $25,459. The $204 million market cap bank trades at 0.78 times book value, with InvestingPro analysis showing the stock is fairly valued at current levels.

According to a Form 4 filing with the Securities and Exchange Commission, Tonkovich also exercised options to acquire 3,000 shares of Princeton Bancorp stock at an exercise price of $22.00, for a total value of $66,000.

Following the option exercise, 2,165 shares were forfeited to cover the cost, valued at $66,010, based on a price of $30.49 per share.

After these transactions, Tonkovich directly owns 6,678 shares of Princeton Bancorp.

In other recent news, Princeton Bancorp has announced a cash dividend of $0.30 per share of common stock. This dividend will be distributed to shareholders on August 29, 2025, with the record date set for August 6, 2025. The announcement was made by the company’s Board of Directors. While the company did not provide additional details about its earnings or revenue, this dividend declaration is a key development for investors. Such announcements are often seen as indicators of a company’s financial health and its commitment to returning value to shareholders. There have been no recent reports of mergers or acquisitions involving Princeton Bancorp. Analysts have not provided any recent upgrades or downgrades for the company. This development is part of the company’s ongoing financial activities.

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