Director exercises 2,000 Plumas Bancorp (PLBC) share options via trust

Rhea-AI Filing Summary

Plumas Bancorp director Richard Francis Kenny exercised stock options to acquire 2,000 shares of common stock at an exercise price of $21.45 per share. The acquired shares are held indirectly through the Richard and Kate Kenny Family Trust, which now holds 13,268 shares following the transaction.

The derivative position tied to these options was reduced, leaving 217 option shares outstanding after the exercise. The options were originally structured to vest in four equal annual installments beginning on October 21, 2020, indicating this transaction follows the grant’s long-term vesting schedule.

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^*

Kenny Richard Francis

(Last) (First) (Middle)

1901 SEYZEY CT.

(Street)

RENO NEVADA 89521

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/19/2026		M		2,000	A	$21.45	13,268	I	Richard and Kate Kenny Family Trust

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	03/19/2026		M			2,000	(1)	10/21/2027	Common stock	2,000	$0	217	D

Explanation of Responses:

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

	/s/ Richard F. Kenny	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PLUMAS BANCORP (PLBC) report for Richard Francis Kenny?

PLUMAS BANCORP director Richard Francis Kenny exercised options to acquire 2,000 shares of common stock at $21.45 per share. This Form 4 shows a derivative exercise, not an open-market purchase or sale, increasing his indirect equity exposure through a family trust.

How many PLUMAS BANCORP (PLBC) shares does the Kenny Family Trust hold after this Form 4?

Following the option exercise, the Richard and Kate Kenny Family Trust holds 13,268 PLUMAS BANCORP common shares. These shares reflect Kenny’s indirect ownership reported in the filing, as the trust is listed as the nature of ownership for the non-derivative position.

What was the exercise price for Richard Francis Kenny’s PLUMAS BANCORP options?

The exercised options allowed purchase of PLUMAS BANCORP common stock at an exercise price of $21.45 per share. The Form 4 classifies this as an exercise or conversion of a derivative security, moving exposure from options into directly held common shares via a trust.

Does the Form 4 show remaining PLUMAS BANCORP options for Richard Francis Kenny?

Yes. After exercising 2,000 options, the Form 4 reports 217 derivative option shares remaining. This indicates most of the original option grant tied to this line item has been exercised, with a small residual option position still outstanding for Kenny.

When did Richard Francis Kenny’s PLUMAS BANCORP options become exercisable?

A footnote explains the options became exercisable in four equal annual installments beginning on October 21, 2020. This schedule shows the grant was designed to vest gradually over several years before Kenny executed this March 2026 option exercise.

Are Richard Francis Kenny’s PLUMAS BANCORP shares held directly or through an entity?

The non-derivative common stock reported in this Form 4 is held indirectly through the Richard and Kate Kenny Family Trust. The filing lists the nature of ownership as this family trust, while the option position itself is reported as directly owned.