RYBACK ANDREW J 4
Research Summary
AI-generated summary
Plumas Bancorp (PLBC) CEO Andrew Ryback Receives 2,400 RSUs
What Happened
Andrew J. Ryback, President, CEO and Director of Plumas Bancorp (PLBC), was granted 2,400 restricted stock units (RSUs) on 2026-03-01. The award is reported at $0.00 per share (derivative award) and was filed on 2026-03-02. This is a compensation award (not an open-market purchase or sale) and therefore does not represent an immediate cash investment or divestment.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-02 (timely filing).
- Security/transaction type: Grant/Award of derivative securities (RSUs), code A.
- Amount: 2,400 RSUs granted; price reported $0.00 (acquired).
- Vesting: Vests in five equal annual installments beginning 03/01/2027 (Footnote F2).
- Other footnotes: filing notes an increase of 594 from the prior Form 4 (F1); RSUs do not expire and will either vest or be cancelled prior to vesting (F3).
- Shares owned after transaction: not specified in the filing.
Context
RSUs are a form of equity compensation that convert into shares only as they vest; they are not immediately tradable shares. Because this is a compensation grant, it should be viewed as part of executive pay rather than a direct market buy or sell—such awards are routine and don’t by themselves indicate insider sentiment about the company’s stock price.