Short answer
PLUMAS BANCORP (PLBC) filed an 8-K current report with the SEC on March 2, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). New RSU award form adopted March 1, 2026 under PLBC's 2022 Equity Incentive Plan for directors, executives, and employees.
PLUMAS BANCORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- New RSU award form adopted March 1, 2026 under PLBC's 2022 Equity Incentive Plan for directors, executives, and employees
- Key change: no cash dividends or dividend equivalents on unvested RSUs; participants only receive dividends post-vesting
- Dividend elimination on unvested shares reduces compensation cost and aligns grantee incentives with actual share ownership milestones
- Vesting schedules set by Board or authorized committee on a grant-by-grant basis, tied to continued employment/service
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other PLUMAS BANCORP 8-K filings
Get the next PLBC 8-K as it lands
Follow PLBC for push alerts, or ask the research agent what this filing means.