Form 4: Plumas Bancorp EVP and CFO Richard L. Belstock Reports Stock Purchase

Richard L. Belstock, EVP and CFO of Plumas Bancorp, reports the purchase of 300 shares of common stock at $42.70 per share on October 24, 2024.

Summary

• Richard L. Belstock, the EVP and CFO of Plumas Bancorp, filed a Form 4 on October 24, 2024.
• The report details a transaction where Mr. Belstock purchased 300 shares of Plumas Bancorp common stock at a price of $42.70 per share.
• Following the transaction, Mr. Belstock directly owns 47,135 shares of common stock.
• He also indirectly owns 13,543 shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. An insider purchase generally indicates confidence, but the purchase is relatively small.

Positives

• The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. Monitoring these filings can offer insights into management's sentiment towards their company's stock.

Stakeholder Impact

• The stock purchase by a key executive could have a slightly positive impact on shareholder sentiment.

Key Dates