[Form 4] Plumas Bancorp Insider Trading Activity

Rhea-AI Filing Summary

Richard L. Belstock, EVP and CFO of Plumas Bancorp (PLBC), reported an 08/18/2025 transaction that increased his direct holdings. He exercised options to acquire 1,000 shares of common stock at an exercise price of $21.45 per share, resulting in an additional 1,000 shares directly owned.

Following the reported transaction, Belstock beneficially owns 51,135 shares directly and 13,877 shares indirectly through a 401(k) plan. The option exercised was described as exercisable in four equal annual installments beginning October 21, 2020, and the underlying option has an expiration date of October 21, 2027.

Positive

• Insider acquired 1,000 shares via option exercise on 08/18/2025 at an exercise price of $21.45 per share
• Direct beneficial ownership increased to 51,135 shares, improving the reporting person's reported stake
• Clear disclosure of indirect holdings: 13,877 shares held through a 401(k) plan

Negative

• No material negative developments disclosed in this Form 4; transaction is a routine insider exercise
• Form does not state whether shares were sold or retained after exercise beyond the ownership numbers provided

Insights

Securities Analyst

TL;DR: Insider exercised 1,000 options at $21.45, modestly increasing direct ownership to 51,135 shares.

The Form 4 shows an exercise (code M) on 08/18/2025 of 1,000 option shares at $21.45, producing 1,000 newly acquired common shares. This increases the reporting person’s direct stake to 51,135 shares while 13,877 shares remain indirectly held via a 401(k) plan. The derivative instrument listed is exercisable in four equal annual installments beginning 10/21/2020 and expires 10/21/2027. For investors, this is a routine insider exercise and disclosure of current ownership levels rather than a material corporate event.

Corporate Governance Expert

TL;DR: Routine compliance filing; demonstrates timely reporting of option exercise and current beneficial ownership.

The filing documents compliance with Section 16 reporting: signature dated 08/18/2025 and clear disclosure of direct and indirect holdings. The indirect holdings are identified as 13,877 shares in a 401(k) plan, and the option terms (exercise price $21.45, expiration 10/21/2027) are stated. This Form 4 provides transparent insider activity but does not indicate changes in executive roles or material governance events.

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^*

Belstock Richard L

(Last) (First) (Middle)

35 S. LINDAN AVE

(Street)

QUINCY CA 95971

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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	08/18/2025		M		1,000	A	$21.45	51,135	D
Common Stock								13,877(1)	I	401(k) Plan

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	$21.45	08/18/2025		M			1,000	(2)	10/21/2027	Common stock	1,000	$0	2,100	D

Explanation of Responses:

1. An increase of 97 from previous report on Form 4.

2. Exercisable in four (4) equal annual installments beginning October 21, 2020.

	/s/ Richard L. Belstock	08/18/2025
	** 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 did PLBC insider Richard L. Belstock report on 08/18/2025?

He reported exercising options to acquire 1,000 common shares at an exercise price of $21.45 per share on 08/18/2025.

How many PLBC shares does Richard L. Belstock beneficially own after the reported transaction?

Following the transaction he beneficially owns 51,135 shares directly and 13,877 shares indirectly through a 401(k) plan.

What were the option terms disclosed in the Form 4 for PLBC?

The option exercised had an exercise price of $21.45, was exercisable in four equal annual installments beginning 10/21/2020, and expires 10/21/2027.

What does transaction code 'M' mean on this Form 4?

The Form lists transaction code M in connection with the exercise and conversion activity reported on 08/18/2025.

Is the reported Form 4 a joint filing?

No. The Form indicates it was filed by one reporting person (Richard L. Belstock).