Patel Sushil Amathalal 4

What Happened
Sushil Amathalal Patel (Director) received a grant of 1,400 restricted stock units (RSUs) from Plumas Bancorp on 2026-03-01. The award is recorded at $0.00 per share (no immediate cash cost or sale proceeds). This was an award/derivative grant (Form 4 code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-01; Filed with the SEC: 2026-03-02 (appears timely).
• Grant: 1,400 RSUs at $0.00 per share (derivative award).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes from the filing:
  • F1: RSUs vest in four equal annual installments beginning 03/01/2027 (350 RSUs per year).
  • F2: RSUs do not expire; they either vest or are cancelled prior to vesting.
• No 10b5-1 plan, tax‑withholding sale, or late filing flag noted in the supplied data.

Context
RSUs are a form of equity compensation that convert to common shares upon vesting; this grant does not increase Patel’s current tradable share count until vesting occurs and may be subject to standard tax withholding at vesting. Because this is an award rather than a market purchase or sale, it’s a compensation event rather than an immediate market sentiment signal.