PLUMAS BANCORP EVP granted 1,600 RSUs

Prescott Jack William reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Prescott Jack William reported acquisition or exercise transactions in this Form 4 filing.

PLUMAS BANCORP executive Jack William Prescott, EVP and Chief Banking Officer, reported an equity compensation grant of 1,600 restricted stock units (RSUs) at a price of $0.00 per unit. The RSUs vest in five equal annual installments starting on March 1, 2027 and will either vest or be cancelled rather than expiring.

Insights

Equity Compensation Analyst

Routine RSU grant to senior PLUMAS BANCORP executive.

The filing shows 1,600 RSUs granted to EVP and Chief Banking Officer Jack William Prescott at $0.00 per unit. This is characterized as a grant or award acquisition, indicating stock-based compensation rather than an open‑market purchase.

The RSUs vest in five equal annual installments beginning on March 1, 2027, so any actual share delivery will be spread over several years. The units do not expire; they will either vest on schedule or be cancelled if vesting conditions are not met.

This type of long-term equity award is a common tool to align executives with shareholder outcomes over time. The overall impact on shareholders depends on the company’s broader equity compensation practices, which are not detailed in this specific disclosure.

Insider Trade Summary

Grant/Award: 1,600 shares

Grant/Award 1 txn

Insider Prescott Jack William

Role EVP and Chief Banking Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted stock units	1,600	$0.00	$0.00

Holdings After Transaction: Restricted stock units — 1,600 contracts (Direct)

Footnotes (2)

1. F1. Vests in five equal annual installments beginning 03/01/2027.
2. F2. RSUs do not expire; they either vest or are cancelled prior to vesting date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PLUMAS BANCORP EVP Jack William Prescott report on this Form 4 for PLBC?

He reported receiving a grant of 1,600 restricted stock units as equity compensation. The RSUs were awarded at $0.00 per unit and represent a stock-based incentive that, if vested, will convert into shares of PLUMAS BANCORP common stock over time.

When do Jack William Prescott’s 1,600 PLBC restricted stock units vest?

The 1,600 RSUs vest in five equal annual installments starting on March 1, 2027. Each year, one-fifth of the units is scheduled to vest, subject to any applicable vesting conditions tied to continued service or plan requirements.

What happens to the PLBC restricted stock units if they do not vest?

According to the disclosure, the RSUs do not expire; instead, they either vest or are cancelled before the vesting date. This means unvested units are forfeited rather than lingering as outstanding derivative awards beyond the applicable vesting schedule.

Did Jack William Prescott buy PLBC shares on the open market in this Form 4?

No, this Form 4 reflects a grant of 1,600 RSUs, not an open-market purchase or sale. The transaction is coded as an award acquisition at $0.00 per unit, indicating compensation rather than a discretionary stock trade in PLUMAS BANCORP shares.

How many PLBC restricted stock units does Jack William Prescott own after this transaction?

After the reported transaction, he holds a total of 1,600 restricted stock units. This reflects the full amount of the new RSU grant, recorded as directly owned derivative securities, which may convert into common shares as vesting milestones are met over future years.

What is the significance of the $0.00 price for the PLBC restricted stock units grant?

The $0.00 transaction price indicates these RSUs were issued as a compensation award, not purchased. Prescott does not pay cash for the units; instead, they are granted under the company’s equity plan and may deliver value if the RSUs vest into PLUMAS BANCORP stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/02/2026 - 08:19 PM Learn about SEC filing dates

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^*

Prescott Jack William

(Last) (First) (Middle)

1050 MARK ALLEN CIRCLE

(Street)

RENO NV 89503

(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 Chief Banking Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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

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
Restricted stock units	$0	03/01/2026		A		1,600		(1)	(2)	Common stock	1,600	$0	1,600	D

Explanation of Responses:

1. Vests in five equal annual installments beginning 03/01/2027.

2. RSUs do not expire; they either vest or are cancelled prior to vesting date.

	/s/ Jack W. Prescott	03/01/2026
	** 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.
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