Plumas Bancorp (PLBC) EVP exercises options, boosts direct and 401k holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plumas Bancorp EVP and Chief Credit Officer Kevin Craig Kaiser exercised stock options to acquire 1,400 shares of common stock at $21.45 per share. Following these transactions, he holds 1,919 shares directly, 877 shares indirectly through a 401k, and 2,800 options to buy common stock expiring October 21, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,400 shares exercised/converted
Mixed
3 txns
Insider
Kaiser Kevin Craig
Role
EVP and Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to buy common stock | 1,400 | $0.00 | -- |
| Exercise | Common stock | 1,400 | $21.45 | $30K |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Option to buy common stock — 2,800 shares (Direct);
Common stock — 1,919 shares (Direct);
Common stock — 877 shares (Indirect, 401k)
Footnotes (1)
- Exercisable in four (4) equal annual installments beginning October 21, 2020. An increase of 61 from the prior report on Form 3.
Key Figures
Shares acquired via option exercise: 1,400 shares
Exercise price per share: $21.4500
Direct shares after transaction: 1,919 shares
+3 more
6 metrics
Shares acquired via option exercise
1,400 shares
Common stock acquired on 2026-07-13 through option exercise (code M).
Exercise price per share
$21.4500
Conversion price for options exercised into common stock on 2026-07-13.
Direct shares after transaction
1,919 shares
Common stock directly owned by Kevin Craig Kaiser following the reported transactions.
Indirect 401k shares after update
877 shares
Common stock held indirectly through a 401k plan after the reported increase from the prior Form 3.
Options remaining after exercise
2,800 options
Options to buy common stock beneficially owned after the derivative transaction, exercisable at $21.45.
Option expiration date
2027-10-21
Expiration date of the option to buy common stock reported as the derivative security.
Key Terms
Exercise or conversion of derivative security, Option to buy common stock, 401k, Form 3
4 terms
Exercise or conversion of derivative security financial
"Transaction code M described as exercise or conversion of derivative security."
Option to buy common stock financial
"Derivative security title listed as option to buy common stock."
401k financial
"Nature of ownership for 877 indirectly held shares is 401k."
An employer-sponsored retirement savings plan in the United States that lets workers set aside part of their paycheck into investments with tax advantages; some plans also include employer matching contributions, which is like free money added to your savings. It matters to investors because 401(k) balances represent a large pool of household retirement assets that influence personal financial security, investor behavior, and long-term demand for stocks and bonds.
Form 3 regulatory
"Footnote notes an increase of 61 shares from the prior report on Form 3."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What did Plumas Bancorp (PLBC) EVP Kevin Craig Kaiser report in this Form 4?
Kevin Craig Kaiser, EVP and Chief Credit Officer of Plumas Bancorp, exercised stock options for 1,400 common shares and updated his indirect 401k holdings. After these transactions he owns 1,919 shares directly, 877 shares indirectly, and 2,800 options to buy common stock expiring October 21, 2027.
What are the key terms of the options held by Plumas Bancorp (PLBC) EVP Kevin Craig Kaiser?
The derivative security is an option to buy common stock at $21.45 per share, expiring October 21, 2027. According to a footnote, it became exercisable in four equal annual installments beginning October 21, 2020, for the reporting executive's equity compensation.
How did Kevin Craig Kaiser's 401k holdings in Plumas Bancorp (PLBC) change?
Indirect holdings in a 401k account now total 877 Plumas Bancorp shares. A footnote states this reflects an increase of 61 shares compared with his prior ownership reported on Form 3, indicating ongoing additions within the retirement plan over time.