Boigon Aaron M. 4

What Happened

• Aaron M. Boigon, Executive Vice President and Chief Information Officer of Plumas Bancorp (PLBC), was granted 1,600 restricted stock units (RSUs) on 2026-03-01. The award is reported as a derivative acquisition at $0 per share (no cash paid); total reported acquisition value is $0. This is an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-01; filing date: 2026-03-02 (no late filing indicated).
• Grant type: RSUs (derivative award) — 1,600 units acquired at $0.00.
• Shares owned after the transaction: not disclosed in the filing.
• Vesting/other footnotes:
  • F1: RSUs vest in five equal annual installments beginning 03/01/2027.
  • F2: RSUs do not expire; they either vest or are cancelled prior to vesting.
• Transaction code: A (award/grant).

Context

• RSU grants are a form of compensation and only convert to actual shares as they vest; they do not represent an immediate purchase or sale. For investors, compensation awards signal how the company rewards executives but are not a direct bullish or bearish trading signal like open-market purchases or sales.