Plumas Bancorp (PLBC) EVP granted 42 common shares in stock award
Rhea-AI Filing Summary
Moseley Matthew Brock reported acquisition or exercise transactions in this Form 4 filing.
Plumas Bancorp executive Matthew Brock Moseley, EVP and Market President, reported an award of 42 shares of common stock at $53.04 per share. Following this grant, his directly held shares total 8,783. He also reports 27 shares held indirectly through his daughter and 256 shares held indirectly in a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 42 shares
Net Buy
3 txns
Insider
Moseley Matthew Brock
Role
EVP and Market President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 42 | $53.04 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,783 shares (Direct);
Common Stock — 27 shares (Indirect, Daughter's holdings);
Common stock — 256 shares (Indirect, 401k)
Footnotes (1)
- F1. The reporting person transferred certain shares into a marginable brokerage account. The account's default settings automatically reinvested cash dividends, which resulted in a one-time dividend reinvestment plan (DRIP) purchase during an open trading window. The DRIP feature was disabled promptly after this transaction, and no further automatic reinvestments will occur.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Plumas Bancorp (PLBC) report for Matthew Brock Moseley?
Plumas Bancorp reported that EVP and Market President Matthew Brock Moseley received an award of 42 common shares. The shares are valued at $53.04 each, reflecting a grant or other acquisition rather than an open-market purchase or sale.
Was the Plumas Bancorp (PLBC) Form 4 transaction a purchase or a grant?
The Form 4 describes the transaction as a grant, award, or other acquisition, coded “A.” This means Moseley acquired 42 shares as compensation or a similar award, not through a traditional open-market stock purchase.
What indirect Plumas Bancorp (PLBC) holdings are reported for Matthew Brock Moseley?
The Form 4 shows indirect ownership of 27 common shares described as his daughter’s holdings, and 256 common shares held indirectly through a 401(k) account. These positions are reported separately from his directly owned 8,783 shares.
Does the Plumas Bancorp (PLBC) Form 4 mention any automatic dividend reinvestment activity?
A footnote explains that a brokerage account’s default settings caused a one-time dividend reinvestment plan (DRIP) purchase after transferring shares into a marginable account. The note adds that the DRIP feature was promptly disabled to prevent future automatic reinvestments.