SCHEDULE: FMR LLC Updates Stake in Plumas Bancorp

FMR LLC has reported an update to its beneficial ownership of Plumas Bancorp's common stock, now holding 2.8% of the outstanding shares as of June 30, 2026.

Summary

• FMR LLC, through its subsidiaries and affiliates, has filed an amendment to its Schedule 13G, reporting beneficial ownership of Plumas Bancorp common stock.
• As of June 30, 2026, FMR LLC beneficially owns 194,999 shares, representing 2.8% of the class of securities.
• Abigail P. Johnson, a key figure at FMR LLC, also has beneficial ownership of the same number of shares.
• The filing indicates that while other persons have the right to receive or direct dividends/proceeds, no single other person holds more than 5% of the outstanding common stock.
• FMR LLC and Abigail P. Johnson have entered into a joint filing agreement.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily an update on beneficial ownership without significant new financial or strategic information.

Positives

• FMR LLC maintains a significant, though not controlling, stake in Plumas Bancorp.
• The filing confirms ongoing investment interest from a major financial entity.

Negatives

• The filing does not provide new financial performance data or strategic insights for Plumas Bancorp.
• The ownership percentage remains below a level that would typically trigger significant market movement based on this filing alone.

Risks

• Potential for future changes in beneficial ownership by FMR LLC could impact share price.
• Concentration of voting power among Series B shareholders of FMR LLC could influence decisions affecting Plumas Bancorp.

Future Outlook

This filing is an update on beneficial ownership and does not contain forward-looking statements or guidance regarding Plumas Bancorp's future performance.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine for institutional investors like FMR LLC and typically indicate passive investment stakes. The 2.8% ownership suggests FMR LLC is a significant but not controlling shareholder in the regional banking sector.

Comparison to Industry Standards

• Institutional ownership in regional banks can vary widely, but stakes between 1-5% are common for large asset managers like FMR LLC.
• Competitors such as other large asset managers (e.g., Vanguard, BlackRock) may hold similar or larger stakes in comparable regional banks, depending on their investment strategies.

Stakeholder Impact

• Shareholders: The filing confirms a stable, significant institutional investor, which can be viewed positively, but the passive nature of the stake limits direct impact on governance.
• Management of Plumas Bancorp: Awareness of FMR LLC's holdings is important for understanding the shareholder base.
• Creditors: No direct impact is indicated by this filing.

Next Steps

• FMR LLC will continue to monitor its investment in Plumas Bancorp.
• Future amendments to Schedule 13G will be filed if beneficial ownership changes significantly.

Key Dates

Keywords

Plumas Bancorp, FMR LLC, Beneficial Ownership, Schedule 13G, Common Stock, Investment Update, Abigail P. Johnson