---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-015049"
form_type: "8-K"
ticker: "PLBC"
cik: "0001168455"
company_name: "PLUMAS BANCORP"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T20:50:55.621740+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Plumas Bancorp shareholders elect all nine directors, approve cumulative voting elimination, ratify auditor

## Summary
- All nine director nominees elected; votes For ranged from 2.7M to 3.4M, with 1.33M broker non-votes on each.
- Bylaw amendment eliminating cumulative voting approved: 2,938,559 For, 444,958 Against, 44,381 Abstain.
- Ratification of Eide Bailly as independent auditor for FY2023 approved: 4,743,579 For, 2,764 Against, 14,330 Abstain.

## SEC filing metadata
- accession: 0001437749-23-015049
- form_type: 8-K
- ticker: PLBC
- cik: 0001168455
- company_name: PLUMAS BANCORP
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015049/0001437749-23-015049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015049/plbc20230518_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-015049
- JSON: https://secwatch.observer/filing/0001437749-23-015049.json
- Plain text: https://secwatch.observer/filing/0001437749-23-015049.txt

## Key facts
- Shareholder Votes
  PLUMAS BANCORP shareholders approved Election of Directors at the 2023-05-17 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: The stockholders of the Company elected each of the nine director nominees to serve on the Company’s Board of Directors (the “Board”) for a term to expire at the 2024 Annual Meeting of Stockholders and until their successors are elected and qualified, or until their earlier death, retirement, resignation or removal. The votes on Proposal 1 were as follows: Nominee Votes For Nominee Votes Withheld or Against Nominee Abstentions Broker Non- Votes Michonne R. Ascuaga 3,422,022 5,876 n/a 1,332,775
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015049/0001437749-23-015049-index.htm
- Shareholder Votes
  PLUMAS BANCORP shareholders approved Ratification of the appointment of Eide Bailly, LLP as independent auditors for fiscal year ending December 31, 2023 at the 2023-05-17 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Proposal #3: Ratification of the Appointment of Independent Auditors The stockholders of the Company ratified the appointment of Eide Bailly, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes on Proposal 3 were as follows: For Against Abstain 4,743,579 2,764 14,330
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015049/0001437749-23-015049-index.htm
- Shareholder Votes
  PLUMAS BANCORP shareholders approved Amendment to the Company's Bylaws eliminating cumulative voting in the election of directors at the 2023-05-17 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-05-17
  source text: Proposal #2: Proposal to Eliminate Cumulative Voting The proposal for the amendment to the Company’s Bylaws eliminating cumulative voting in the election of directors required approval by a majority of shares outstanding. Proposal 2 was approved by a majority of outstanding shares. The voting results were as follows: For Against Abstain 2,938,559 444,958 44,381
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015049/0001437749-23-015049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.