PLUMAS BANCORP (PLBC) EVP granted 1,600 restricted stock units in equity award
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kaiser Kevin Craig
Role
EVP and Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 1,600 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 1,600 shares (Direct)
Footnotes (1)
- Vests in five equal annual installments beginning 03/01/2027. RSUs do not expire; they either vest or are cancelled prior to vesting date.
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.
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.