Plumas Bancorp director granted 1,400 RSUs

Plumas Bancorp director Kenny Richard Francis received a grant of 1,400 restricted stock units (RSUs).

Rhea-AI Filing Summary

Plumas Bancorp director Kenny Richard Francis received a grant of 1,400 restricted stock units (RSUs). The Form 4 shows this award was acquired on 03/01/2026 at a price of $0.0000 per unit, reflecting a stock-based compensation grant rather than an open-market purchase.

The RSUs vest in four equal annual installments beginning on 03/01/2027, so the award is spread over several years and depends on continued vesting. According to the disclosure, RSUs do not expire; they either vest or are cancelled before the vesting date.

Insider Trade Summary

Grant/Award: 1,400 shares

Grant/Award 1 txn

Insider Kenny Richard Francis

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted stock units	1,400	$0.00	$0.00

Holdings After Transaction: Restricted stock units — 1,400 contracts (Direct)

Footnotes (2)

1. F1. Vests in four annual equal 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 insider transaction did PLBC director Kenny Richard Francis report?

Kenny Richard Francis reported receiving a grant of 1,400 restricted stock units. The award was acquired on 03/01/2026 at a stated price of $0.0000 per unit as stock-based compensation, rather than through a market purchase of existing shares.

How many restricted stock units did Kenny Richard Francis receive from Plumas Bancorp (PLBC)?

He received 1,400 restricted stock units. These units were reported on a Form 4 as a grant with no cash price per unit, and they represent stock-based compensation subject to a multi‑year vesting schedule beginning in 2027 for the director.

What is the vesting schedule for Kenny Richard Francis’s 1,400 PLBC RSUs?

The 1,400 RSUs vest in four equal annual installments starting 03/01/2027. This means one‑quarter of the units becomes earned each year over four years, aligning the director’s compensation with longer‑term service and performance at Plumas Bancorp.

Do the Plumas Bancorp (PLBC) RSUs granted to Kenny Richard Francis expire?

The RSUs do not expire according to the disclosure. Instead, they either vest on their scheduled vesting dates or are cancelled before vesting, so the director’s ability to receive shares depends on satisfying the vesting conditions over time.

Is Kenny Richard Francis’s RSU grant in PLBC a market purchase of shares?

No, the Form 4 describes a grant of 1,400 restricted stock units at a price of $0.0000 per unit. This indicates stock-based compensation awarded by Plumas Bancorp, not an open‑market buy or sell transaction in the company’s existing common shares.

How did this Form 4 transaction affect Kenny Richard Francis’s PLBC derivative holdings?

After the transaction, his reported derivative holdings include 1,400 restricted stock units. The total reflects the full RSU grant, which will vest in four equal annual installments beginning 03/01/2027, assuming the units are not cancelled before vesting.

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

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Accepted by SEC EDGAR 03/02/2026 - 08:05 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^*

Kenny Richard Francis

(Last) (First) (Middle)

1901 SEYZEY CT.

(Street)

RENO NV 89521

(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)
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		1,400		(1)	(2)	Common stock	1,400	$0	1,400	D

Explanation of Responses:

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

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

	/s/ Richard F. Kenny	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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