Plumas Bancorp (PLBC) director awarded 4,200 stock options as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plumas Bancorp director Steven M. Coldani received a new stock option grant for 4,200 options to buy common stock. The options were awarded at an exercise price of $0.00 per share, reflecting a compensatory grant rather than an open-market purchase.
The filing shows that Mr. Coldani now holds 4,200 stock options directly following this grant. According to the disclosure, these options will vest in four equal annual installments beginning on March 1, 2027, meaning the award is earned over time as service continues.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coldani Steven M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to buy common stock | 4,200 | $0.00 | -- |
Holdings After Transaction:
Option to buy common stock — 4,200 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PLBC director Steven M. Coldani report on this Form 4?
Steven M. Coldani reported receiving a grant of 4,200 stock options to buy Plumas Bancorp common stock. The options were awarded at an exercise price of $0.00 per share, indicating a compensatory equity award rather than a market transaction.
How many Plumas Bancorp (PLBC) stock options did Steven M. Coldani acquire?
Steven M. Coldani acquired 4,200 stock options to buy Plumas Bancorp common stock. After this grant, his total reported holdings of these options are 4,200, all shown as directly owned in the Form 4 disclosure.
What does transaction code "A" mean in Steven M. Coldani’s PLBC Form 4?
Transaction code “A” on Steven M. Coldani’s Form 4 indicates a grant, award, or other acquisition of derivative securities. In this case, it reflects a compensatory award of 4,200 stock options rather than an open-market buy or sell of Plumas Bancorp shares.
When do Steven M. Coldani’s newly granted PLBC stock options vest?
The 4,200 Plumas Bancorp stock options granted to Steven M. Coldani will vest in four equal annual installments. Vesting begins on March 1, 2027, meaning the options become exercisable gradually over four years of continued service.
Is Steven M. Coldani’s PLBC Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market stock purchase. Steven M. Coldani received 4,200 stock options at an exercise price of $0.00 per share, recorded under code “A” for grant or award of derivative securities.
Does Steven M. Coldani hold the reported PLBC stock options directly or indirectly?
The Form 4 indicates that Steven M. Coldani holds the 4,200 Plumas Bancorp stock options as direct ownership. The ownership code is reported as “D,” and no indirect holding entity is referenced in the disclosure.