Plumas Bancorp director exercises 2,500 stock options

Plumas Bancorp (PLBC) director Steven M. Coldani reported exercising stock options for 2,500 shares of common stock on February 12, 2026.

Rhea-AI Filing Summary

Plumas Bancorp (PLBC) director Steven M. Coldani reported exercising stock options for 2,500 shares of common stock on February 12, 2026. The options were non-qualified stock options with an exercise price of $24.4 per share and were part of a grant exercisable in four equal annual installments beginning February 21, 2019.

Following the option exercise, 2,500 common shares are held indirectly through a family trust, with total family trust holdings reported at 16,639 shares. Additional indirect holdings reported include 4,883 common shares in an IRA and 1,780 common shares in a spouse’s IRA. The derivative position from this option grant is now shown as 0 options remaining.

Insider Trade Summary

2,500 shares exercised/converted

Exercise 4 txns

Insider Coldani Steven M.

Role Director

Type	Security	Shares	Price	Value
Exercise	Non-qualified stock option (right to buy)	2,500	$0.00	$0.00
Exercise	Common Stock	2,500	$24.40	$61K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Non-qualified stock option (right to buy) — 0 contracts (Direct); Common Stock — 16,639 shares (Indirect, Family Trust); Common Stock — 4,883 shares (Indirect, IRA); Common Stock — 1,780 shares (Indirect, Spouse IRA)

Footnotes (1)

1. F1. Exercisable in four (4) equal annual installments beginning February 21, 2019.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PLBC director Steven M. Coldani report?

Steven M. Coldani reported exercising non-qualified stock options for 2,500 Plumas Bancorp common shares on February 12, 2026. The transaction converted derivative securities into common stock, classified as an exercise or conversion rather than an open-market purchase or sale.

At what price were the Plumas Bancorp (PLBC) options exercised?

The non-qualified stock options were exercised at an exercise price of $24.4 per share. This price reflects the predetermined strike price of the option grant, not necessarily the market price of Plumas Bancorp stock on the transaction date.

How many Plumas Bancorp (PLBC) shares does the family trust hold after the transaction?

After the reported option exercise, the family trust associated with Steven M. Coldani holds 16,639 shares of Plumas Bancorp common stock. These shares are reported as indirect ownership, reflecting that they are held through the trust rather than in a personal direct account.

What happened to the derivative securities in this PLBC Form 4 filing?

The filing shows 2,500 non-qualified stock options exercised, with zero derivative securities remaining from this specific grant afterward. The options were originally exercisable in four equal annual installments starting February 21, 2019, and are now fully converted into common shares.

What additional Plumas Bancorp (PLBC) share holdings are reported for the director?

Beyond the family trust holdings, the filing reports 4,883 Plumas Bancorp common shares held indirectly in an IRA and 1,780 shares held indirectly in a spouse’s IRA. These positions are reported as indirect beneficial ownership rather than direct personal holdings.

What does transaction code M mean in the PLBC Form 4?

Transaction code M in the Form 4 indicates an exercise or conversion of a derivative security, such as a stock option, into common shares. In this case, 2,500 non-qualified stock options were exercised, creating 2,500 shares of Plumas Bancorp common stock.

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

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Accepted by SEC EDGAR 02/13/2026 - 05:24 PM Learn about SEC filing dates

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^*

Coldani Steven M.

(Last) (First) (Middle)

13950 N. THORNTON ROAD

(Street)

LODI CA 95242

(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)
02/12/2026

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
Common Stock	02/12/2026		M		2,500	A	$24.4	16,639	I	Family Trust
Common Stock								4,883	I	IRA
Common Stock								1,780	I	Spouse IRA

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
Non-qualified stock option (right to buy)	$24.4	02/12/2026		M			2,500	(1)	02/21/2026	Common stock	2,500	$0	0	D

Explanation of Responses:

1. Exercisable in four (4) equal annual installments beginning February 21, 2019.

	/s/ Steven M. Coldani	02/13/2026
	** 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.