Plumas Bancorp (PLBC) director exercises 3,600 share options

Rhea-AI Filing Summary

Plumas Bancorp director Heidi S. O'Gara reported exercising stock options into common shares on February 24, 2026. She exercised 3,200 non-qualified stock options and another 400 options, which had been exercisable in four annual installments beginning in 2020 and 2023.

The exercises delivered 3,200 common shares at $21.45 per share and 400 shares at $31.00 per share, all held indirectly through a Family Trust. After these transactions, the Family Trust held 5,775 common shares, and an IRA associated with O'Gara held 3,060 shares.

Insider Trade Summary

3,600 shares exercised/converted

Mixed 5 txns

Insider O'Gara Heidi S

Role Director

Type	Security	Shares	Price	Value
Exercise	Non-qualified stock option (right to buy)	3,200	$0.00	--
Exercise	Non-qualified stock option (right to buy)	400	$0.00	--
Exercise	Common Stock	3,200	$21.45	$69K
Exercise	Common Stock	400	$31.00	$12K
holding	Common Stock	--	--	--

Holdings After Transaction: Non-qualified stock option (right to buy) — 0 shares (Direct); Common Stock — 5,375 shares (Indirect, Family Trust)

Footnotes (1)

1. Exercisable in four (4) equal annual installments beginning October 21, 2020. Exercisable in four (4) equal annual installments beginning August 16, 2023.

Form 4 Insider Transactions: What Each Field Means →

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^*

O'Gara Heidi S

(Last) (First) (Middle)

4265 MEADOWGATE TRAIL

(Street)

RENO NV 89519

(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)
02/24/2026

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	02/24/2026		M		3,200	A	$21.45	5,375	I	Family Trust
Common Stock	02/24/2026		M		400	A	$31	5,775	I	Family Trust
Common Stock								3,060	I	IRA

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
Non-qualified stock option (right to buy)	$21.45	02/24/2026		M			3,200	(1)	10/21/2027	Common stock	3,200	$0	0	D
Non-qualified stock option (right to buy)	$31	02/24/2026		M			400	(2)	08/16/2030	Comon stock	400	$0	2,800	D

Explanation of Responses:

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

2. Exercisable in four (4) equal annual installments beginning August 16, 2023.

	/s/ Heidi S. O'Gara	02/24/2026
	** 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 activity did Heidi S. O'Gara report for PLBC?

Heidi S. O'Gara reported exercising stock options into Plumas Bancorp common stock. She converted 3,200 options plus 400 options into 3,600 shares total, moving these shares into a Family Trust while also reporting separate holdings in an IRA.

How many Plumas Bancorp shares did the Family Trust hold after the Form 4?

After the reported transactions, the Family Trust held 5,775 Plumas Bancorp common shares. This reflects 3,200 shares from options at $21.45 and 400 shares from options at $31.00, all received through derivative exercises on February 24, 2026.

What option exercises did the PLBC director report and at what prices?

The director exercised 3,200 non-qualified stock options at $21.45 per share and 400 options at $31.00 per share. These exercises converted derivative securities into common stock, which is now held indirectly through a Family Trust associated with the director.

How many PLBC stock options remained after the reported exercises?

One option grant was fully exercised, leaving zero options from that series, while another grant showed 2,800 options remaining. Both grants were described as exercisable in four equal annual installments starting in 2020 and 2023, respectively.

What indirect PLBC shareholdings did Heidi S. O'Gara report?

She reported indirect ownership of Plumas Bancorp shares through a Family Trust and an IRA. The Family Trust held 5,775 shares after the option exercises, and the IRA held 3,060 shares, reflecting separate indirect ownership accounts associated with the director.

What do the vesting footnotes in the PLBC Form 4 indicate?

The footnotes state the option grants became exercisable in four equal annual installments beginning October 21, 2020, and August 16, 2023. This explains how the director was able to exercise portions of these non-qualified stock options by February 24, 2026.