Plumas Bancorp (NASDAQ: PLBC) director receives 1,400 RSUs

Rhea-AI Filing Summary

Foster Michael Kevin reported acquisition or exercise transactions in this Form 4 filing.

Plumas Bancorp director Michael Kevin Foster reported an equity grant of 1,400 restricted stock units. The award was granted on March 1, 2026 at a price of $0.0000 per unit and is held directly.

The RSUs vest in four equal annual installments beginning on March 1, 2027. According to the filing, these restricted stock units do not expire; they will either vest over time or be cancelled before the applicable vesting date. After this grant, Foster holds 1,400 RSUs.

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

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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^*

Foster Michael Kevin

(Last) (First) (Middle)

3489 BLACK HAWK ROAD

(Street)

LAFAYETTE CA 94549

(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)
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		1,400		(1)	(2)	Common stock	1,400	$0	1,400	D

Explanation of Responses:

1. Vests in four annual equal installments beginning on 03/01/2027.

2. RSUs do not expire; they either vest or are cancelled prior to vesting date.

	/s/ Kevin Foster	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.
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FAQ

What insider transaction did PLBC director Michael Kevin Foster report?

Director Michael Kevin Foster reported receiving 1,400 restricted stock units in Plumas Bancorp. The units were granted at a price of $0.0000 per unit and represent an equity award rather than an open-market share purchase or sale.

How many restricted stock units were granted to the PLBC director?

Michael Kevin Foster was granted 1,400 restricted stock units of Plumas Bancorp. This entire amount is reported as directly owned following the transaction, reflecting a single equity award rather than multiple separate grants or any open-market trading activity.

When do Michael Kevin Foster’s PLBC restricted stock units vest?

The 1,400 restricted stock units begin vesting on March 1, 2027 in four equal annual installments. This means portions of the grant will vest each year over a four-year period, assuming the units are not cancelled before their respective vesting dates.

Do the reported PLBC restricted stock units held by the director expire?

The restricted stock units do not have a traditional expiration date. According to the filing, they will either vest on their scheduled vesting dates or be cancelled beforehand, rather than expiring automatically after a fixed term.

How many PLBC restricted stock units does Michael Kevin Foster own after this grant?

After this equity award, Michael Kevin Foster directly owns 1,400 restricted stock units in Plumas Bancorp. The filing shows this total as his holdings of this derivative security following the reported grant on March 1, 2026.

Was the PLBC director’s grant a buy or sell transaction?

The transaction is classified as an acquisition through a grant or award, not a market buy or sell. The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of derivative securities at a stated price of $0.0000 per unit.