Robison Kenneth Edward III 4

What Happened

• Kenneth Edward Robison III, a director of Plumas Bancorp (PLBC), reported an open-market sale of 500 shares on January 27, 2026. The shares were sold at $49.34 per share for total proceeds of $24,670. This was a sale (S), which is generally routine trading and not by itself a bullish signal.

Key Details

• Transaction date: 2026-01-27
• Transaction type/code: Open-market sale (S)
• Price per share: $49.34
• Shares sold: 500
• Total proceeds: $24,670
• Shares owned after transaction: Not specified in the provided excerpt; check the full Form 4 for post-transaction holdings
• Footnote F1: "An increase of 36 from the last Section 16 filing as of July 1, 2025. Shares purchased under direct reinvestment plan." (indicates a 36-share increase in reported holdings since 7/1/2025 due to dividend reinvestment)
• Filing date vs transaction date: Form filed 2026-02-10 for a 2026-01-27 trade — this filing was late (filed 14 days after the trade). Late filings reduce the timeliness of the disclosure.

Context

• Sales by directors can be routine (diversification, liquidity, tax reasons) and do not by themselves indicate company performance. Purchases are often considered more informative about insider sentiment.
• Review recent Form 4 history for patterns (repeated sales or recent purchases) and the company’s public filings for material news before or after the trade to better assess relevance.