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PLUMAS BANCORP (PLBC) awards 1,600 RSUs to EVP and CIO Aaron Boigon

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Boigon Aaron M. reported acquisition or exercise transactions in this Form 4 filing.

PLUMAS BANCORP executive Aaron M. Boigon received a grant of 1,600 restricted stock units (RSUs). The RSUs were awarded at no cash cost and are scheduled to vest in five equal annual installments beginning on 03/01/2027. The RSUs do not have a set expiration date; they will either vest on schedule or be cancelled before their vesting dates.

Positive

  • None.

Negative

  • None.
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*
Boigon Aaron M.

(Last) (First) (Middle)
958 PINE FOREST DRIVE

(Street)
SPARKS NV 89441

(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, Chief Information 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/ Aaron M. Boigon 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.
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.

FAQ

What insider transaction did PLUMAS BANCORP (PLBC) report for Aaron M. Boigon?

PLUMAS BANCORP reported that EVP and Chief Information Officer Aaron M. Boigon received a grant of 1,600 restricted stock units. These RSUs were acquired at no cash cost and increase his direct equity-based compensation tied to the company’s future performance and continued employment.

How many restricted stock units did Aaron M. Boigon receive from PLBC?

Aaron M. Boigon received 1,600 restricted stock units from PLUMAS BANCORP. This award is recorded as a direct ownership position and represents equity-based compensation that aligns his interests with shareholders through future vesting rather than an immediate cash payment or open-market stock purchase.

When do Aaron M. Boigon’s PLBC restricted stock units vest?

The 1,600 restricted stock units granted to Aaron M. Boigon vest in five equal annual installments beginning on March 1, 2027. Each year, one-fifth of the RSUs becomes vested, subject to the award’s conditions, which typically relate to continued service with PLUMAS BANCORP.

Do the PLBC restricted stock units granted to Aaron M. Boigon expire?

The restricted stock units do not have a traditional expiration date. According to the disclosure, they will either vest on their scheduled vesting dates starting March 1, 2027, or be cancelled before those dates if the vesting conditions are not satisfied under the award’s terms.

Was cash involved in Aaron M. Boigon’s PLBC restricted stock unit grant?

No cash changed hands in the grant, which was reported at a price per unit of $0.0000. This indicates the transaction is an equity-based compensation award rather than an open-market stock purchase, providing potential future value if the RSUs vest and corresponding shares are delivered.

How many PLBC restricted stock units does Aaron M. Boigon hold after this grant?

After the reported grant, Aaron M. Boigon directly holds 1,600 restricted stock units. This figure reflects his total derivative equity position from RSUs reported in this filing and will change over time as additional awards are granted, vest, or are cancelled.
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