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.

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

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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)
01/06/2026

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
Common Stock	01/06/2026		M		2,100	A	$21.45	53,235	D
Common Stock	01/06/2026		M		1,000	A	$31	54,235	D
Common Stock								13,962(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	01/06/2026		M			2,100	(2)	10/21/2027	Common stock	2,100	$0	0	D
Option to buy common stock	$31	01/06/2026		M			1,000	(3)	08/16/2032	Common Stock	1,000	$0	7,500	D

Explanation of Responses:

1. An increase of 85 from previous report on Form 4.

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

3. Exercisable in five (5) equal annual installments beginning August 16, 2023.

	/s/ Richard L. Belstock	01/06/2026
	** 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).
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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 common shares does the CFO own after these transactions?

After the reported transactions, he directly owns 54,235 shares of Plumas Bancorp common stock and indirectly owns 13,962 shares through a 401(k) plan.

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.