SCHEDULE: FMR LLC Discloses 6.1% Stake in Plumas Bancorp

FMR LLC and Abigail P. Johnson have reported beneficial ownership of 6.1% of Plumas Bancorp's common stock as of March 31, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of 425,424 shares of Plumas Bancorp common stock.
• This represents 6.1% of the total outstanding common stock of Plumas Bancorp as of March 31, 2026.
• FMR LLC is classified as an Investment Company, while Abigail P. Johnson is identified as an Insider.
• The filing indicates that other persons have the right to receive or direct the sale of dividends from these shares, but no single other person holds more than 5%.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It's a standard disclosure of significant ownership by a major financial entity, indicating investment interest but not providing performance data or explicit strategic intent for Plumas Bancorp.

Positives

• Significant ownership stake of 6.1% by a major financial entity (FMR LLC) and its key figure (Abigail P. Johnson) suggests confidence in Plumas Bancorp.
• The filing is an amendment to a previous filing, indicating ongoing monitoring and reporting of the investment.

Negatives

• The filing does not contain specific financial performance data for Plumas Bancorp, focusing solely on ownership.
• The disclosure that other persons have rights to dividends or sale proceeds, without further identification, could introduce a degree of uncertainty regarding ultimate control or influence.

Risks

• Potential for future changes in beneficial ownership, which could impact the stock price.
• The influence of the Johnson family group and other Series B shareholders on FMR LLC's voting power could indirectly affect Plumas Bancorp's governance.
• The filing does not provide details on the specific reasons for acquiring or holding this stake, leaving room for speculation about future intentions.

Future Outlook

The filing itself does not contain forward-looking statements or guidance from Plumas Bancorp. It is a disclosure of beneficial ownership by FMR LLC and Abigail P. Johnson.

Management Comments

• FMR LLC and Abigail P. Johnson may be deemed to form a controlling group with respect to FMR LLC through ownership of voting common shares and a shareholders' voting agreement.
• This filing reflects securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the 'FMR Reporters').

Industry Context

StockSavvy.ai notes that significant stake disclosures by large investment firms like FMR LLC in regional banks like Plumas Bancorp can signal either a positive outlook on the bank's stability and growth prospects or an opportunistic investment. Such filings often precede further strategic moves or indicate a stable, long-term investment thesis.

Comparison to Industry Standards

• FMR LLC's ownership of 6.1% in Plumas Bancorp is a substantial stake for a Schedule 13G filing, which typically reports passive ownership. For comparison, many institutional investors hold stakes in the 1-5% range in publicly traded companies.
• The classification of FMR LLC as an 'Investment Company' and Abigail P. Johnson as an 'Insider' aligns with typical reporting for such entities under SEC regulations.
• The presence of a shareholder voting agreement among Series B shareholders of FMR LLC is a common governance mechanism in closely held or controlled entities to ensure aligned voting power.

Related Party Transactions

• The filing mentions that members of the Johnson family, including Abigail P. Johnson, are predominant owners of Series B voting common shares of FMR LLC and have entered into a shareholders' voting agreement. This indicates a related party arrangement within FMR LLC's ownership structure.

Stakeholder Impact

• Shareholders of Plumas Bancorp: The significant stake held by FMR LLC and Abigail P. Johnson may provide a degree of stability and signal institutional confidence, potentially influencing investor sentiment.
• Management and Employees of Plumas Bancorp: The presence of a large institutional investor could lead to increased scrutiny or influence on strategic decisions.
• Creditors of Plumas Bancorp: A stable, significant shareholder can be viewed positively, potentially enhancing the company's perceived financial stability.

Next Steps

• Continued monitoring of Plumas Bancorp's performance and any further filings by FMR LLC or Abigail P. Johnson.
• Potential for FMR LLC to increase or decrease its stake in Plumas Bancorp, which would be reported in subsequent filings.

Key Dates

Keywords

Plumas Bancorp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Company, Insider, Financial Holding