RYBACK ANDREW J 4

What Happened

• Andrew J. Ryback, President, CEO and Director of Plumas Bancorp (PLBC), exercised stock options on January 27, 2026 to acquire 2,534 common shares at $31.00 per share, costing $78,554 in total. The filing also shows a corresponding disposition entry for 2,534 derivative securities at $0 (reflecting conversion/cancellation of the derivative instruments upon exercise). This was an acquisition (exercise), not a sale of the underlying shares.

Key Details

• Transaction date: 2026-01-27
• Primary transaction: Exercise of options (transaction code M)
  • Acquired: 2,534 shares @ $31.00 = $78,554
  • Disposed (derivative conversion/cancellation): 2,534 @ $0.00 = $0
• Shares owned after transaction: Not specified in this Form 4
• Footnotes:
  • F1: An increase of 28 from previous report on Form 5
  • F2: Options are exercisable in five equal annual installments beginning August 16, 2023
• Filing timeliness: Report filed on the same day as the transaction (no late filing indicated)

Context

• This filing shows an options exercise (derivative conversion) resulting in share acquisition. There is no indication the shares were immediately sold (no cashless sale reported), so this appears to be an acquisition rather than a monetization. For retail investors, purchases or exercises by executives are often considered more informative than routine sales, but do not by themselves indicate future performance.