Plumas Bancorp (PLBC) CEO exercises 2,534-share stock option grant
Rhea-AI Filing Summary
Plumas Bancorp President and CEO Andrew J. Ryback reported an option exercise and related share acquisition. On January 27, 2026, he exercised an option to buy 2,534 shares of common stock at $31 per share, converting derivative rights into directly held common stock.
Following this transaction, Ryback directly owns 63,334 shares of Plumas Bancorp common stock and indirectly holds 34,858 shares through a 401(k) account. He also continues to hold 6,466 option-based derivative securities after the exercise. A footnote notes that these options vest in five equal annual installments beginning August 16, 2023.
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FAQ
What insider transaction did Plumas Bancorp (PLBC) report for Andrew J. Ryback?
Plumas Bancorp reported that President and CEO Andrew J. Ryback exercised an option to buy 2,534 shares of common stock on January 27, 2026, at an exercise price of $31 per share, increasing his directly held common shares.
How many Plumas Bancorp shares does Andrew J. Ryback own after this Form 4 transaction?
After the reported transaction, Andrew J. Ryback directly owns 63,334 shares of Plumas Bancorp common stock and indirectly holds 34,858 shares through a 401(k) account.
What happened to Andrew J. Ryback’s stock options in this PLBC Form 4?
Ryback exercised an option to buy 2,534 shares of common stock at $31 per share. After this exercise, he still holds 6,466 option-based derivative securities tied to Plumas Bancorp common stock.
What does the 401(k) entry mean in Andrew J. Ryback’s Plumas Bancorp holdings?
The Form 4 lists 34,858 shares of common stock held indirectly by Andrew J. Ryback through a 401(k), indicating these shares are in a retirement plan account rather than held directly.
How do Andrew J. Ryback’s options in PLBC vest according to the Form 4 footnote?
A footnote states that the options are exercisable in five equal annual installments beginning August 16, 2023, describing the vesting schedule for this option grant.
What transaction code is used in the Plumas Bancorp (PLBC) Form 4 for this activity?
The Form 4 uses transaction code M, which indicates the exercise or conversion of a derivative security, here an option to buy Plumas Bancorp common stock.