Coldani Steven M. 4
Research Summary
AI-generated summary
PLUMAS BANCORP Director Steven Coldani Receives 4,200-Share Award
What Happened
- Steven M. Coldani, a director of Plumas Bancorp (PLBC), was granted an award of 4,200 derivative shares (reported as a $0.00 acquisition) on March 1, 2026. The filing identifies the grant as a derivative security (stock options), not an open-market purchase or sale — no cash was exchanged at grant.
Key Details
- Transaction date: 2026-03-01; filing date: 2026-03-02 (timely).
- Amount: 4,200 derivative shares granted; acquisition price reported as $0.00.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: the stock options will vest in four equal annual installments beginning March 1, 2027.
- Transaction code: A = Award/Grant (derivative security).
Context
- This was an equity award (options) for a director, not an immediate sale or purchase. The options must vest over the next four years before Coldani can exercise or sell any underlying shares; the filing does not indicate exercise, strike price, or immediate disposition. Such grants are typically part of director compensation and do not by themselves indicate a buy or sell signal.