O'Gara Heidi S 4

What Happened
Heidi S. O'Gara, a director of Plumas Bancorp (PLBC), received a grant of 4,200 derivative securities on March 1, 2026. The award was reported as acquired at $0.00 (no immediate cash value). The filing identifies the grant as a stock-option type award that will vest over time (see footnote).

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 2, 2026.
• Transaction type: Grant / Award of derivative securities (stock options).
• Amount: 4,200 options; reported acquisition price $0.00; total reported value $0.
• Vesting: Options vest in four equal annual installments beginning March 1, 2027 (per footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filing was submitted the business day after the grant; no late filing indicated.

Context
This was an equity-compensation grant, not an open-market purchase or sale. As a derivative award (stock options), these instruments typically give the holder the right to acquire common shares only after vesting and any exercise; they do not represent immediate share ownership or a cash investment. Grants are a routine form of executive/director compensation and should not be interpreted alone as a personal buy/sell signal.