PLUMAS BANCORP 8-K

What Happened
Plumas Bancorp (and its subsidiary Plumas Bank) filed a Form 8‑K disclosing that, on February 18, 2026, the Board approved indemnification agreements covering Kevin Kaiser, who was appointed EVP and Chief Credit Officer effective January 1, 2026. The agreements require the Company and the Bank to indemnify and advance expenses to their directors and executive officers to the fullest extent allowed by law and set procedures for requesting indemnification.

Key Details

• Named executive: Kevin Kaiser, EVP / Chief Credit Officer (appointment effective January 1, 2026).
• Date of agreements: Entered February 18, 2026 by the Company and Plumas Bank.
• Scope: Provide indemnification and advancement of expenses to directors and executive officers to the fullest extent permitted by applicable law; supplement rights under articles, bylaws and law.
• Documentation: Forms of the indemnification agreements are incorporated by reference to Exhibits 10.1 and 10.2 of the Company’s Form 8‑K filed August 20, 2020.

Why It Matters
Indemnification agreements are standard corporate protections that reduce personal legal and financial risk for officers and directors, helping the bank attract and retain senior executives. The filing does not disclose any change in compensation or other material financial terms, nor does it indicate a direct financial impact to shareholders. Investors should note this is a governance notice, not an earnings or transaction disclosure.