Plumas Bancorp (PLBC) CFO exercises options, lifts share stake
Rhea-AI Filing Summary
Plumas Bancorp EVP and CFO Richard L. Belstock reported exercising stock options and acquiring additional common shares. On January 6, 2026, he exercised options to buy 2,100 shares of common stock at $21.45 per share and 1,000 shares at $31 per share. These exercises increased his directly held common stock to 54,235 shares. He also reports 13,962 shares of common stock held indirectly through a 401(k) plan. Following the transactions, one option grant for 2,100 shares was fully exercised, and another grant still covers 7,500 options to buy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to buy common stock | 2,100 | $0.00 | -- |
| Exercise | Option to buy common stock | 1,000 | $0.00 | -- |
| Exercise | Common Stock | 2,100 | $21.45 | $45K |
| Exercise | Common Stock | 1,000 | $31.00 | $31K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- An increase of 85 from previous report on Form 4. Exercisable in four (4) equal annual installments beginning October 21, 2020. Exercisable in five (5) equal annual installments beginning August 16, 2023.
FAQ
Who reported this insider transaction for PLBC?
The reporting person is Richard L. Belstock, who serves as EVP and CFO of Plumas Bancorp.
What type of insider transaction did PLBCs CFO report?
He reported option exercises (code M), converting derivative securities (options to buy common stock) into common stock. No sale of common stock is shown.
How many PLBC stock options did the CFO exercise and at what prices?
He exercised options to buy 2,100 shares of common stock at $21.45 per share and 1,000 shares at $31 per share on January 6, 2026.
How many PLBC stock options remain held by the CFO after the exercises?
Following the option exercises, one option grant was reduced to 0, and another option grant reflects 7,500 options to buy Plumas Bancorp common stock.
When do the PLBC stock options referenced in this Form 4 become exercisable?
One option grant became exercisable in four equal annual installments beginning October 21, 2020, and another in five equal annual installments beginning August 16, 2023, according to the footnotes.