Plumas Bancorp (NASDAQ: PLBC) expands indemnification for two bank EVPs

Rhea-AI Filing Summary

Plumas Bancorp entered into new indemnification agreements for two senior leaders of its subsidiary, Plumas Bank. On December 17, 2025, the Board approved agreements covering Jack Prescott, EVP/Chief Banking Officer (appointed July 21, 2025), and Matt Moseley, EVP/Regional Market President (appointed July 1, 2025).

The agreements require both Plumas Bancorp and Plumas Bank to indemnify their directors and executive officers and to advance expenses for them to the fullest extent permitted by applicable law. They also set out the procedures these individuals must follow to request and receive indemnification, and are in addition to protections already provided in the companies’ articles of incorporation, bylaws, and applicable law.

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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 (Date of earliest event reported): December 17, 2025

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 No.)

5525 Kietzke Lane, Suite 100, Reno, Nevada		89511
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (775) 786-0907

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 (See General Instruction A.2. below):

☐ 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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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	PLBC	NASDAQ Capital Market

Item 1.01 Entry into a Material Definitive Agreement.

On December 17, 2025, the Board of Directors of Plumas Bancorp (the “Company”) and its subsidiary, Plumas Bank (the “Bank”), entered into indemnification agreements for Jack Prescott, EVP/Chief Banking Officer, appointed on July 21, 2025, and Matt Moseley, EVP/Regional Market President, appointed on July 1, 2025. The indemnification agreements require the Company and the Bank to indemnify their directors and executive officers and to advance expenses on their behalf to the fullest extent permitted by applicable law and establish the procedures by which a director or executive officer may request and receive indemnification. The agreements are in addition to other rights to which a director or executive officer may be entitled under the Company’s or the Bank’s articles of incorporation, bylaws and applicable law.

The foregoing summary description of the indemnification agreements is not intended to be complete and is qualified in its entirety by the complete text of the forms of indemnification agreements filed as Exhibits 10.1 and 10.2 to the Registrant’s Form 8-K filed August 20, 2020 which is incorporated by this reference herein.

Item 9.01 Exhibits

Number Description

10.1     Form of Plumas Bancorp Indemnification Agreement (incorporated by reference to Exhibit 10.1 of the Company’s Form 8-K filed on August 20, 2020)    

10.2     Form of Plumas Bank Indemnification Agreement (incorporated by reference to Exhibit 10.2 of the Company’s Form 8-K filed on August 20, 2020)    

104 Cover Page Interactive Data File

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.

	Plumas Bancorp (Registrant)
December 17, 2025	By:	/s/ Richard L. Belstock
		Name: Richard L. Belstock
		Title: Chief Financial Officer

FAQ

What did Plumas Bancorp (PLBC) announce regarding executive indemnification?

Plumas Bancorp approved new indemnification agreements for two Plumas Bank executives, confirming that the Company and the Bank will indemnify and advance expenses for directors and executive officers to the fullest extent allowed by law.

Which Plumas Bancorp executives are covered by the new indemnification agreements?

The agreements cover Jack Prescott, EVP/Chief Banking Officer (appointed July 21, 2025), and Matt Moseley, EVP/Regional Market President (appointed July 1, 2025).

What protections do the Plumas Bancorp indemnification agreements provide?

The agreements require Plumas Bancorp and Plumas Bank to indemnify directors and executive officers and to advance expenses on their behalf, consistent with the fullest protections permitted by applicable law.

Are these indemnification agreements in addition to existing protections at Plumas Bancorp (PLBC)?

Yes. The indemnification agreements are in addition to any rights provided under Plumas Bancorp’s and Plumas Bank’s articles of incorporation, bylaws, and applicable law.

When did Plumas Bancorp’s Board approve these indemnification agreements?

The Board of Directors of Plumas Bancorp and Plumas Bank approved the agreements on December 17, 2025.