PLUMAS BANCORP·4

Mar 2, 8:10 PM ET

Ascuaga Michonne R. 4

Research Summary

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Updated

PLBC Director Michonne Ascuaga Receives 4,200-Option Grant

What Happened

  • Michonne R. Ascuaga, a director of Plumas Bancorp (PLBC), received a grant of 4,200 derivative securities (stock options) on March 1, 2026. The transaction is recorded as an award/acquisition (code A) at $0.00 per unit (no cash exchanged). This is a compensation award, not a purchase or sale.

Key Details

  • Transaction date: 2026-03-01; Form filed: 2026-03-02 (timely).
  • Security: 4,200 derivative securities (stock options) reported at $0.00.
  • Vesting: Options will vest in four equal annual installments beginning March 1, 2027 (footnote F1).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Transaction type: Award/Grant of options (derivative); not a sale or open-market purchase.

Context

  • This filing records an option grant, which is a common form of director compensation. These are derivative awards that become exercisable as they vest; they do not represent immediately transferable shares. The filing does not show an exercise price or immediate change in share ownership.