Kaiser Kevin Craig 4

What Happened
Kevin C. Kaiser, EVP and Chief Credit Officer of Plumas Bancorp (PLBC), was granted 1,600 restricted stock units (RSUs) on 2026-03-01. The grant is recorded at $0.00 per share (derivative award), so no cash was paid in this transaction — the RSUs represent a future right to receive common shares if and when they vest.

Key Details

• Transaction date: 2026-03-01; reported on Form 4 filed 2026-03-02 (timely filing).
• Transaction type/code: A — Award/Grant of derivative securities (RSUs).
• Amount: 1,600 RSUs; reported acquisition price $0.00 (no immediate cash value recorded).
• Shares owned after transaction: Not specified in the supplied data.
• Footnotes: F1 — Vests in five equal annual installments beginning 03/01/2027. F2 — RSUs do not expire; they either vest or are cancelled prior to vesting.
• Filing timeliness: Appears timely (transaction 3/1/2026, filing 3/2/2026).

Context
This is a compensation award (RSUs), not an open-market purchase or sale. RSUs convert into actual shares only as they vest per the schedule, so they do not represent immediately tradeable stock. Such grants are common for executive compensation and are informative about pay structure but do not by themselves signal an immediate change in insider buying or selling.