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PLUMAS BANCORP (PLBC) EVP granted 1,600 restricted stock units in equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kaiser Kevin Craig reported acquisition or exercise transactions in this Form 4 filing.

PLUMAS BANCORP executive Kevin Craig Kaiser reported an equity award of 1,600 restricted stock units (RSUs). The RSUs were granted at a price of $0.00 per unit as part of compensation, increasing his directly owned derivative securities to 1,600 RSUs.

The award vests in five equal annual installments beginning on March 1, 2027. According to the filing, these RSUs do not have an expiration date; they will either vest over time or be cancelled before their scheduled vesting dates.

Positive

  • None.

Negative

  • None.
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*
Kaiser Kevin Craig

(Last) (First) (Middle)
188 ESTATES DRIVE

(Street)
CHICO CA 95928

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and Chief Credit Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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
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
Restricted stock units $0 03/01/2026 A 1,600 (1) (2) Common stock 1,600 $0 1,600 D
Explanation of Responses:
1. Vests in five equal annual installments beginning 03/01/2027.
2. RSUs do not expire; they either vest or are cancelled prior to vesting date.
/s/ Kevin C. Kaiser 03/01/2026
** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PLUMAS BANCORP (PLBC) report for Kevin Craig Kaiser?

PLUMAS BANCORP reported that executive Kevin Craig Kaiser received 1,600 restricted stock units as an equity award. The RSUs were granted at a price of $0.00 per unit and are classified as a grant or other acquisition transaction.

Is the PLBC Form 4 transaction a buy or a grant of shares?

The PLBC Form 4 shows a grant of 1,600 restricted stock units to Kevin Craig Kaiser, not an open-market share purchase. The transaction is coded as an award or other acquisition rather than a traditional buy or sell in the market.

When do Kevin Craig Kaiser’s PLBC restricted stock units vest?

Kevin Craig Kaiser’s 1,600 PLBC restricted stock units vest in five equal annual installments starting March 1, 2027. This means a portion of the award becomes owned each year, aligning compensation with longer-term company performance and service.

Do the PLBC restricted stock units reported in this Form 4 expire?

The filing states that the PLBC restricted stock units do not expire. Instead, they will either vest according to the schedule beginning March 1, 2027, or be cancelled prior to their respective vesting dates, depending on applicable conditions.

How many PLBC restricted stock units does Kevin Craig Kaiser hold after this transaction?

After this grant, Kevin Craig Kaiser directly holds 1,600 restricted stock units in PLUMAS BANCORP. This total reflects the derivative securities position following the award reported in the Form 4 filed for the March 1, 2026 transaction date.

What role does Kevin Craig Kaiser hold at PLUMAS BANCORP?

Kevin Craig Kaiser serves as Executive Vice President and Chief Credit Officer at PLUMAS BANCORP. The reported Form 4 transaction reflects an equity-based compensation award tied to his executive role and future service with the company.
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