Plumas Bancorp director exercises 2,500-share stock option

Plumas Bancorp director Daniel E. West reported an option exercise that shifted additional shares into related accounts.

Rhea-AI Filing Summary

Plumas Bancorp director Daniel E. West reported an option exercise that shifted additional shares into related accounts. A non-qualified stock option to buy 2,500 shares of common stock at $24.40 per share was exercised on February 4, 2026, eliminating this option holding.

The resulting 2,500 common shares are held indirectly through a Family Trust, which now holds 35,762 shares. West also reports indirect ownership of 16,794 shares through Graeagle Land & Water Company, 6,912 shares through a Spouse IRA, and 8,782 shares through an IRA.

Insider Trade Summary

2,500 shares exercised/converted

Exercise 5 txns

Insider WEST DANIEL E

Role Director

Type	Security	Shares	Price	Value
Exercise	Non-qualified stock option (right to buy)	2,500	$0.00	$0.00
Exercise	Common Stock	2,500	$24.40	$61K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Non-qualified stock option (right to buy) — 0 contracts (Direct); Common Stock — 35,762 shares (Indirect, Family Trust); Common Stock — 16,794 shares (Indirect, Graeagle Land & Water Company); Common Stock — 6,912 shares (Indirect, Spouse IRA); Common Stock — 8,782 shares (Indirect, IRA)

Footnotes (1)

1. F1. Exercisable in four (4) equal annual installments beginning February 21, 2019.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PLBC director Daniel E. West report?

Daniel E. West reported exercising a non-qualified stock option for 2,500 Plumas Bancorp common shares at $24.40 on February 4, 2026. This exercise removed his remaining holdings of that specific option grant and increased indirect common stock ownership through a Family Trust.

How many Plumas Bancorp shares are held in the Family Trust after this Form 4?

Following the February 4, 2026 option exercise, the Family Trust associated with director Daniel E. West holds 35,762 shares of Plumas Bancorp common stock. The 2,500 newly acquired shares from the exercised option are included in this updated indirect ownership figure.

What happened to Daniel E. West’s non-qualified stock options in this filing?

A non-qualified stock option to acquire 2,500 Plumas Bancorp shares at $24.40 was exercised on February 4, 2026, leaving zero derivative securities from that grant. The underlying shares moved into indirect ownership through the Family Trust reported on the Form 4.

What other indirect Plumas Bancorp holdings are reported by Daniel E. West?

Besides the Family Trust, Daniel E. West reports 16,794 Plumas Bancorp shares indirectly through Graeagle Land & Water Company, 6,912 shares through a Spouse IRA, and 8,782 shares through an IRA. These are reported as indirect beneficial ownership positions as of February 4, 2026.

Does this PLBC Form 4 disclose any direct share ownership by Daniel E. West?

The Form 4 excerpt lists only indirect Plumas Bancorp ownership for Daniel E. West, including a Family Trust, Graeagle Land & Water Company, a Spouse IRA, and an IRA. All reported common stock positions in the provided data are categorized as indirect holdings.

When did Daniel E. West’s exercised stock option originally become exercisable?

The non-qualified stock option exercised on February 4, 2026 became exercisable in four equal annual installments beginning February 21, 2019. This vesting schedule is disclosed in the footnote explaining the option’s terms on the Form 4 filing for Plumas Bancorp.

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Accepted by SEC EDGAR 02/06/2026 - 01:29 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WEST DANIEL E

(Last) (First) (Middle)

4001 HIGHWAY 89

(Street)

GRAEAGLE CA 96103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PLUMAS BANCORP [ PLBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/04/2026		M		2,500	A	$24.4	35,762	I	Family Trust
Common Stock								16,794	I	Graeagle Land & Water Company
Common Stock								6,912	I	Spouse IRA
Common Stock								8,782	I	IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-qualified stock option (right to buy)	$24.4	02/04/2026		M			2,500	(1)	02/21/2026	Common stock	2,500	$0	0	D

Explanation of Responses:

1. Exercisable in four (4) equal annual installments beginning February 21, 2019.

	/s/ Daniel E. West	02/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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