Director at Plumas Bancorp (PLBC) granted 4,200 stock options vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plumas Bancorp director Daniel E. West received a new stock option award. On March 1, 2026, he was granted options to buy 4,200 shares of Plumas Bancorp common stock at an exercise price of $0.00 per share.
These options will vest in four equal annual installments beginning on March 1, 2027, meaning the award becomes exercisable gradually over four years rather than all at once.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEST DANIEL E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to buy common stock | 4,200 | $0.00 | -- |
Holdings After Transaction:
Option to buy common stock — 4,200 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PLUMAS BANCORP (PLBC) report for Daniel E. West?
Plumas Bancorp reported that director Daniel E. West received an option grant for 4,200 shares of common stock. The award was recorded on March 1, 2026, as a grant or other acquisition rather than an open-market purchase or sale.
How many stock options did Daniel E. West acquire in the latest PLBC Form 4?
Daniel E. West acquired options to buy 4,200 shares of Plumas Bancorp common stock. The Form 4 shows this as a single derivative transaction, with 4,200 options held directly following the grant on March 1, 2026.
What is the exercise price and vesting schedule of Daniel E. West’s PLBC options?
The options granted to Daniel E. West have an exercise price of $0.00 per share. According to the footnote, they vest in four equal annual installments beginning on March 1, 2027, spreading vesting over four years.
Is the recent PLBC insider transaction a buy or a grant of options?
The recent PLBC insider transaction is a grant of stock options, not an open-market share purchase. The Form 4 classifies it as a grant, award, or other acquisition of a derivative security representing rights to acquire common stock.
What ownership type is reported for Daniel E. West’s PLBC stock options?
The Form 4 lists Daniel E. West’s 4,200 stock options as held with direct ownership. The transaction is coded with ownership type "direct," indicating they are attributed directly to him rather than through an indirect entity or trust.