SCHEDULE 13G/A: Vanguard Group Updates Stake in Plumas Bancorp, Holds 4.82% of Common Stock

The Vanguard Group has filed an amended Schedule 13G, disclosing a 4.82% beneficial ownership stake in Plumas Bancorp's common stock as of March 31, 2025.

Summary

• The Vanguard Group filed an Amendment No. 1 to Schedule 13G concerning its beneficial ownership in Plumas Bancorp's Common Stock (CUSIP 729273102).
• As of March 31, 2025, The Vanguard Group beneficially owns an aggregate of 285,842 shares of Plumas Bancorp's common stock.
• This ownership represents 4.82% of the total class of Plumas Bancorp's common stock.
• The Vanguard Group holds sole dispositive power over 281,523 shares and shared dispositive power over 4,319 shares.
• The firm holds shared voting power over 2,343 shares and no sole voting power.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership, with no explicit positive or negative operational or financial news for the issuer.

Positives

• The filing indicates a significant, albeit passive, stake held by a major institutional investor, The Vanguard Group, which can be interpreted as a vote of confidence in Plumas Bancorp.

Future Outlook

NA

Management Comments

• The Vanguard Group certified that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing represents a routine disclosure of a passive investment by a major institutional asset manager, The Vanguard Group, in a regional banking institution, Plumas Bancorp. Such filings are common and reflect portfolio allocation decisions rather than strategic corporate actions, indicating a standard investment holding within the financial sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in the company, confirming a passive investment by The Vanguard Group.

Key Dates

Keywords

Plumas Bancorp, Vanguard Group, Schedule 13G, Common Stock, Beneficial Ownership, Institutional Investor, SEC Filing, Investment Adviser