Form 4: Plumas Bancorp Director Exercises Restricted Stock Units
SEC Form 4 Filing
Robert J. McClintock, a director of Plumas Bancorp, converted restricted stock units (RSUs) into common stock on February 21, 2025.
Summary
- On February 21, 2025, Robert J. McClintock, a director of Plumas Bancorp, executed a transaction involving derivative securities.
- He converted 1,011 restricted stock units (RSUs) into 1,011 shares of common stock.
- The conversion occurred upon the vesting of the RSUs, which were granted on February 21, 2024.
- The price per share on the vesting date was $34.07.
- Following the transaction, McClintock directly owns 1,011 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a routine vesting and conversion of RSUs into common stock.
Key Dates
| Date | Description |
|---|---|
| 02/21/2024 | RSU was granted |
| 02/21/2025 | Date of transaction: conversion of RSUs to common stock |
Keywords
Form 4, Plumas Bancorp, Director, RSU, Restricted Stock Units, Beneficial Ownership, McClintock, PLBC, Common Stock
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