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Plumas Bancorp (PLBC) director awarded 4,200 stock options as equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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*
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)
03/01/2026
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
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
Option to buy common stock $50.3 03/01/2026 A 4,200 (1) 03/01/2034 Common stock 4,200 $0 4,200 D
Explanation of Responses:
1. Stock options will vest in four equal annual installments beginning on March 1, 2027.
/s/ Steven M. Coldani 03/01/2026
** 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.

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.
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