Plumas Bancorp (PLBC) director exercises 2,500-share stock option
Rhea-AI Filing Summary
Plumas Bancorp director reports option exercise and updated holdings. A director of Plumas Bancorp exercised an option to buy 2,500 shares of common stock on 12/17/2025 at an exercise price of $24.4 per share, increasing directly held shares to 2,500. Following this transaction, the director also reports indirect ownership of 55,310 shares through a family trust, 48,623 shares in an IRA, and 1,450 shares in a spouse's IRA. The option to buy 2,500 shares, originally exercisable in four equal annual installments beginning February 21, 2019 and expiring February 21, 2026, now shows 0 derivative securities remaining after the exercise.
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FAQ
What insider transaction did PLBC report in this Form 4 filing?
The filing reports that a director of Plumas Bancorp (PLBC) exercised an option to buy 2,500 shares of common stock on 12/17/2025 at an exercise price of $24.4 per share.
How many PLBC shares does the reporting person own after the transaction?
After the transaction, the reporting person owns 2,500 shares of Plumas Bancorp common stock directly, plus indirect holdings of 55,310 shares in a family trust, 48,623 shares in an IRA, and 1,450 shares in a spouse's IRA.
What happened to the director’s stock option in this PLBC Form 4?
The director exercised an option to buy 2,500 shares of Plumas Bancorp common stock at $24.4 per share, leaving 0 derivative securities beneficially owned after the reported transaction.
When was the PLBC option originally scheduled to vest and expire?
The option was exercisable in four equal annual installments beginning on February 21, 2019 and had an expiration date of February 21, 2026 before being fully exercised.
What is the relationship of the reporting person to Plumas Bancorp (PLBC)?
The reporting person is a director of Plumas Bancorp, as indicated in the relationship section of the filing.
Is this PLBC Form 4 filed by one insider or multiple insiders?
The document indicates that the Form 4 is filed by one reporting person, not by multiple insiders.