McClintock Robert J 4
Research Summary
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PLBC Director Robert J. McClintock Receives 1,400 RSUs
What Happened Robert J. McClintock, a director of Plumas Bancorp (PLBC), was granted 1,400 restricted stock units (RSUs) on 2026-03-01. The award is reported as a derivative acquisition at $0 per share (common for RSU grants); no cash was exchanged. This is an equity award (not a stock purchase or sale).
Key Details
- Transaction date: 2026-03-01; Form 4 filed 2026-03-02 (timely).
- Security/amount: 1,400 RSUs granted; reported price $0.00 (derivative).
- Vesting: Vests in four equal annual installments beginning 03/01/2027 (Footnote F1).
- Term: RSUs do not expire; they either vest or are cancelled prior to vesting (Footnote F2).
- Shares owned after transaction: Not specified in this filing.
- Filing status: Timely (no late-file indication).
Context RSUs are a form of compensation that convert into company stock only as they vest; this award does not represent an immediate open-market purchase or sale. Grants are common for directors and executives and reflect compensation rather than an immediate trading signal.