Form 4: Plumas Bancorp Director Exercises Stock Options
SEC Form 4 Filing
Richard Francis Kenny, a director of Plumas Bancorp, exercised options to purchase 750 shares of common stock at $21.45 on February 10, 2025.
Summary
- On February 10, 2025, Richard Francis Kenny, a director of Plumas Bancorp, exercised options to acquire 750 shares of common stock at a price of $21.45 per share.
- Following this transaction, Kenny directly owns 10,257 shares of Plumas Bancorp common stock.
- Kenny also directly owns options to buy 2,217 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Option exercises are a common way for company directors to be compensated.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 10/21/2020 | Date from which options are exercisable in four equal annual installments |
| 10/21/2027 | Expiration date of options |
| 02/10/2025 | Date of transaction: Director exercised stock options |
Keywords
Form 4, Beneficial Ownership, Stock Options, Plumas Bancorp, PLBC, Director, Richard Francis Kenny
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