Plumas Bancorp (NASDAQ: PLBC) appoints Kelsey Cassinelli PAO

Rhea-AI Filing Summary

Plumas Bancorp appointed Kelsey Cassinelli as its Principal Accounting Officer, effective April 27, 2026. She succeeds Richard L. Belstock in that role, while he continues as the Company’s Executive Vice President, Chief Financial Officer and Principal Financial Officer.

Ms. Cassinelli, age 32, joins Plumas Bancorp from KPMG US LLP, where she had been employed since 2016 and most recently served as a Senior Audit Manager since April 2024. The company states that she has no family relationships with its directors or executive officers and no related party transactions requiring disclosure.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Appointment date: April 27, 2026 Officer age: 32 years KPMG tenure start: 2016 +1 more

4 metrics

Appointment date April 27, 2026 Date Plumas Bancorp appointed Kelsey Cassinelli as Principal Accounting Officer

Officer age 32 years Age of newly appointed Principal Accounting Officer Kelsey Cassinelli

KPMG tenure start 2016 Year Kelsey Cassinelli began employment with KPMG US LLP

Senior Audit Manager since April 2024 Date from which Cassinelli served as Senior Audit Manager at KPMG US LLP

Key Terms

Principal Accounting Officer, Principal Financial Officer, related party transaction, Form 8-K

4 terms

Principal Accounting Officer financial

"Plumas Bancorp (the “Company”) appointed Kelsey Cassinelli as Principal Accounting Officer."

The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.

Principal Financial Officer financial

"Ms. Cassinelli replaces Richard Belstock, who continues in his current role as Principal Financial Officer."

The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.

related party transaction financial

"that would be reportable as a related party transaction under the rules of the Securities and Exchange Commission."

A related party transaction is any deal or transfer of value between a company and people or entities with close ties to it — such as executives, major owners, family members, or affiliated businesses. Investors watch these transactions because they can favor insiders over outside shareholders, skirt fair market pricing, or hide risks; like selling your car to a relative at a friendly price, they require clear disclosure and scrutiny to judge impact on value.

Form 8-K regulatory

"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers"

A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: April 27, 2026 (Date of earliest event reported)

Plumas Bancorp

(Exact name of registrant as specified in its charter)

California	000-49883	75-2987096
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)
5525 Kietzke Lane, Suite 100, Reno, Nevada		89511
(Address of principal executive offices)		(Zip Code)

775-786-0907

(Registrant's telephone number, including area code)

Not Applicable

(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, no par value	PLBC	The NASDAQ Stock Market LLC

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 27, 2026, Plumas Bancorp (the “Company”) appointed Kelsey Cassinelli as Principal Accounting Officer. Ms. Cassinelli replaces Richard Belstock, who continues in his current role as Principal Financial Officer. Ms. Cassinelli, age 32, joins the Company from KPMG US LLP, where she was employed since 2016, most recently serving as a Senior Audit Manager since April 2024.

There are no family relationships between Ms. Cassinelli and any director or other executive officer of the Company nor are there any transactions between Ms. Cassinelli or any member of her immediate family and the Company or any of its subsidiaries that would be reportable as a related party transaction under the rules of the Securities and Exchange Commission.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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SIGNATURE

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.

Dated: April 27, 2026	PLUMAS BANCORP
	By:	/s/ Richard L. Belstock
		Richard L. Belstock
		Executive Vice President, Chief Financial Officer

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FAQ

What did Plumas Bancorp (PLBC) announce on April 27, 2026?

Plumas Bancorp announced the appointment of Kelsey Cassinelli as its Principal Accounting Officer effective April 27, 2026. She replaces Richard L. Belstock in that role, while he continues serving as Executive Vice President, Chief Financial Officer and Principal Financial Officer of the company.

Who is Kelsey Cassinelli, the new Principal Accounting Officer at Plumas Bancorp (PLBC)?

Kelsey Cassinelli, age 32, is Plumas Bancorp’s newly appointed Principal Accounting Officer. She joined the company after working at KPMG US LLP since 2016, where she most recently served as a Senior Audit Manager beginning in April 2024, according to the disclosure.

What happens to Richard L. Belstock’s role after this Plumas Bancorp (PLBC) 8-K?

Richard L. Belstock is replaced by Kelsey Cassinelli as Principal Accounting Officer but continues in his current role as Principal Financial Officer. The 8-K also identifies him as Executive Vice President and Chief Financial Officer, and he signed the report on behalf of Plumas Bancorp.

Does Plumas Bancorp (PLBC) report any related party transactions with Kelsey Cassinelli?

Plumas Bancorp states there are no related party transactions involving Kelsey Cassinelli or her immediate family that require disclosure. The filing specifies that no such transactions meet the related party transaction reporting rules of the Securities and Exchange Commission for the company.

Are there any family relationships between Plumas Bancorp (PLBC) leadership and Kelsey Cassinelli?

The company reports no family relationships between Kelsey Cassinelli and any director or other executive officer of Plumas Bancorp. This disclosure is included alongside the description of her appointment as Principal Accounting Officer in the April 27, 2026 current report on Form 8-K.

Filing Exhibits & Attachments

4 documents

Other Documents

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