PLUMAS BANCORP (PLBC) CFO exercises 2,500 stock options, boosts holdings

Rhea-AI Filing Summary

PLUMAS BANCORP EVP and CFO Richard L. Belstock exercised stock options for 2,500 shares of common stock at $31.00 per share. Following the exercise, he directly owns 56,735 common shares and holds options on 5,000 shares. Indirectly, 14,043 shares are held through a 401(k) plan.

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

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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)
03/10/2026

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	03/10/2026		M		2,500	A	$31	56,735	D
Common Stock								14,043(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	$31	03/10/2026		M			2,500	(2)	08/16/2032	Common stock	2,500	$0	5,000	D

Explanation of Responses:

1. An increase of 81 from previous report on Form 4.

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

	/s/ Richard L. Belstock	03/10/2026
	** 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

What insider transaction did PLUMAS BANCORP (PLBC) report for Richard L. Belstock?

PLUMAS BANCORP reported that EVP and CFO Richard L. Belstock exercised options to acquire 2,500 shares of common stock at $31.00 per share. This transaction converts derivative options into directly owned common shares, increasing his direct equity stake in the company.

How many PLUMAS BANCORP (PLBC) shares does Richard L. Belstock own after this Form 4?

After the reported transactions, Richard L. Belstock directly holds 56,735 shares of PLUMAS BANCORP common stock. In addition, 14,043 shares are held indirectly through a 401(k) plan, reflecting his combined direct and retirement-plan-related ownership in the company’s equity.

What stock options did the PLUMAS BANCORP (PLBC) CFO exercise?

The CFO exercised options labeled as an “Option to buy common stock” covering 2,500 underlying shares at an exercise price of $31.00 per share. These options were part of a grant exercisable in five equal annual installments beginning on August 16, 2023, per the footnote disclosure.

Are there remaining PLUMAS BANCORP (PLBC) options for Richard L. Belstock after this exercise?

Yes. After exercising 2,500 options, Richard L. Belstock has 5,000 option-derived shares reported as remaining under the same option award. This indicates only part of the original derivative position was exercised, with additional options still available for future exercise under the plan terms.

What indirect PLUMAS BANCORP (PLBC) holdings does the CFO report in this Form 4?

The Form 4 shows 14,043 PLUMAS BANCORP common shares held indirectly in a 401(k) plan. A footnote notes this reflects an increase of 81 shares from the prior report, indicating ongoing accumulation within the retirement account, separate from his directly held and option-related shares.