Prescott Jack William 4

What Happened

• Prescott Jack William, EVP and Chief Banking Officer of Plumas Bancorp, was granted 1,600 restricted stock units (RSUs) on 2026-03-01. The award is recorded as a derivative acquisition at $0.00 per share (reported value $0) and is a compensation grant, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-02 (timely filing).
• Security: 1,600 RSUs (derivative grant), transaction code A = Award/Grant.
• Price reported: $0.00 per unit (award/compensation, not a cash trade).
• Vesting: Vests in five equal annual installments beginning 03/01/2027 (Footnote F1).
• RSU terms: RSUs do not expire; they either vest or are cancelled prior to vesting (Footnote F2).
• Shares owned after the transaction: Not specified in the filing.

Context

• RSUs are a form of equity compensation that convert to common shares as they vest; this grant means Prescott will receive shares over time if he remains employed and vesting conditions are met. Such awards are routine executive compensation and do not by themselves indicate a buy or sell signal.