Plumas Bancorp Director Buys 1,300 Shares, Ups Stake to 3,685

Accepted by SEC EDGAR 08/01/2025 - 03:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Plumas Bancorp (PLBC) Form 4 — Director share purchases

Director Sushil A. Patel reported open-market purchases of the company’s common stock on 30-31 Jul 2025:

• 1 share at $41.00 on 30 Jul 2025
• 649 shares at $41.00 on 31 Jul 2025
• 650 shares at $41.31 on 31 Jul 2025

Total shares acquired: 1,300 for an aggregate consideration of roughly $53.5 k. Following these transactions, Patel’s direct ownership rose to 3,685 shares, up from 2,385.

No sales or derivative transactions were reported. The filings were made individually (not jointly) and were executed in the open market, signalling personal capital commitment by a board member.

Insights

Equity Analyst

TL;DR: Director bought 1,300 PLBC shares, lifting stake 55%; small size but positive insider signal.

Open-market buying by a sitting director is usually interpreted as confidence in the issuer’s valuation or outlook. Although the dollar value (~$54 k) is modest relative to the bank’s $300 m market cap, Patel increased his personal holding by approximately 55%, which is meaningful on an individual basis. No sales were disclosed, and purchases were executed slightly above the prior day’s trade price, suggesting willingness to pay market levels. For micro-cap community banks such as Plumas, insider activity can influence sentiment and liquidity. However, one-time purchases do not alter fundamentals; investors should watch for follow-through or additional insider buying.

Insider Trade Summary

Net Buyer: 1,300 shares

Net Buy 3 txns

Insider Patel Sushil Amathalal

Role Director

Bought 1,300 shs ($54K)

Increase in Position 54.5%

Type	Security	Shares	Price	Value
Purchase	Common Stock	649	$41.00	$27K
Purchase	Common Stock	650	$41.31	$27K
Purchase	Common Stock	1	$41.00	$41.00

Holdings After Transaction: Common Stock — 3,685 shares (Direct)

Holdings Before and After: Common Stock, 2,385 to 3,685 shares (Direct)

Other Insiders: 1 other insider reported open-market purchases of this stock in the 30 days up to this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Patel Sushil Amathalal

(Last) (First) (Middle)

9590 PROTOTYPE COURT SUITE 100

(Street)

RENO NV 89511

(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)
07/30/2025

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	07/30/2025		P		1	A	$41	2,386	D
Common Stock	07/31/2025		P		649	A	$41	3,035	D
Common Stock	07/31/2025		P		650	A	$41.31	3,685	D

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

Explanation of Responses:

	/s/ Sushil A. Patel	08/01/2025
	** 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.