Plumas Bancorp (PLBC) awards 1,400 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McClintock Robert J reported acquisition or exercise transactions in this Form 4 filing.
Plumas Bancorp reported that director Robert J. McClintock received a grant of 1,400 restricted stock units (RSUs) on March 1, 2026. These RSUs were awarded at a price of $0.00 per unit as an equity-based compensation grant.
The award vests in four equal annual installments beginning on March 1, 2027, meaning a portion becomes his each year if vesting conditions are met. The RSUs do not have a traditional expiration date; they will either vest over time or be cancelled if conditions are not satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McClintock Robert J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 1,400 | $0.00 | -- |
Holdings After Transaction:
Restricted stock units — 1,400 shares (Direct)
Footnotes (1)
- Vests in four annual equal 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?
Plumas Bancorp reported a grant of 1,400 restricted stock units to director Robert J. McClintock. The award was made on March 1, 2026 at $0.00 per unit as part of his equity compensation.
Who received the 1,400 RSU grant at Plumas Bancorp (PLBC)?
Director Robert J. McClintock received 1,400 restricted stock units from Plumas Bancorp. The grant reflects stock-based compensation and increases his direct holdings in RSUs, subject to future vesting terms and potential cancellation conditions.
How do the granted RSUs at Plumas Bancorp (PLBC) vest?
The 1,400 RSUs vest in four equal annual installments starting March 1, 2027. Each year, one quarter of the units vests, provided the applicable conditions are met, gradually delivering full ownership over the four-year schedule.
Do the Plumas Bancorp (PLBC) RSUs granted to the director expire?
The RSUs do not have a standard expiration date. According to the disclosure, they will either vest on their scheduled dates or be cancelled before vesting, depending on whether the specified vesting conditions continue to be satisfied.
How many RSUs does the Plumas Bancorp (PLBC) director hold after this grant?
After the March 1, 2026 grant, director Robert J. McClintock holds 1,400 restricted stock units. This total reflects the newly awarded RSUs reported in the filing, all held directly, subject to the multi-year vesting schedule disclosed.