UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07. Submission of Matters to a Vote of Security Holders
The registrant’s 2025 annual meeting of shareholders (the “2025 Annual Meeting”) was held on April 22, 2025. There were issued and outstanding on March 7, 2025, the record date for the 2025 Annual Meeting, 6,915,086 shares of the registrant’s common stock, 6,869,429 of which were entitled to vote at the 2025 Annual Meeting. The results of the items voted on are listed below.
1. Election of Directors
| For |
Withheld |
|||||||
| Richard Gillespie |
4,592,419 | 287,852 | ||||||
| Stephen Distler |
4,742,100 | 138,171 | ||||||
| Ross Wishnick |
4,368,940 | 511,331 | ||||||
| Robert Ridolfi |
4,527,195 | 353,076 | ||||||
| Judith Giacin |
4,669,308 | 210,963 | ||||||
| Stephen Shueh |
4,743,915 | 136,356 | ||||||
| Martin Tuchman |
4,779,003 | 101,268 | ||||||
| Susan Barrett |
4,738,089 | 142,182 | ||||||
| Edward Dietzler |
4,749,854 | 130,417 | ||||||
| For |
Against |
Abstain |
Broker Nonvotes |
|||||||||||||
| 2. Advisory vote to approve named executive officer compensation |
4,099,024 | 690,496 | 90,749 | 1,114,343 | ||||||||||||
| 3. Proposal to ratify the appointment of Wolf & Company, P.C. as independent auditors for the year ending December 31, 2025 |
5,908,362 | 78,859 | 7,393 | 0 | ||||||||||||
| One Year |
Two Years |
Three Years |
Broker Nonvotes and Abstentions |
|||||||||||||
| 4. Proposal to select, on an advisory basis, the frequency of future advisory votes to approve our named executive officer compensation every: |
4,353,703 | 174,693 | 273,564 | 1,192,653 | ||||||||||||
As the results in Matters 1 through 4 above indicate, at the 2025 Annual Meeting, (i) all of the nominees listed were elected as directors of the registrant; (ii) the advisory vote to approve named executive officer compensation was approved by the shareholders; (iii) the proposal to ratify Wolf & Company, P.C. as the registrant’s independent auditors for the year ending December 31, 2025 was approved by the shareholders; and (iv) a one-year frequency of future advisory votes to approve our named executive officer compensation was selected by the shareholders on an advisory basis.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PRINCETON BANCORP. INC. | ||||||
| Dated: April 23, 2025 | ||||||
| By: | /s/ Daniel J. O’Donnell | |||||
| Daniel J. O’Donnell | ||||||
| Executive Vice President, Chief Operating Officer and General Counsel | ||||||