---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-015132"
form_type: "8-K"
ticker: "PLBC"
cik: "0001168455"
company_name: "PLUMAS BANCORP"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T20:52:17.870403+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Plumas Bancorp shareholders eliminate cumulative voting in director elections

## Summary
- Amendment to Section 2.8 of Bylaws adopted at annual meeting on May 17, 2023.
- Cumulative voting rights for director elections removed.
- Bylaws amended and restated with no other changes.
- Effective upon shareholder approval at the meeting.

## SEC filing metadata
- accession: 0001437749-23-015132
- 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: 0.2
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015132/0001437749-23-015132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015132/plbc20230518c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-015132
- JSON: https://secwatch.observer/filing/0001437749-23-015132.json
- Plain text: https://secwatch.observer/filing/0001437749-23-015132.txt

## Key facts
- Governance Changes
  PLUMAS BANCORP: Eliminated cumulative voting rights for shareholders in director elections (effective 2023-05-17).
  - Change: bylaw amendment
  - Effective: 2023-05-17
  source text: On May 17, 2023, at the Annual Meeting of Shareholders of Plumas Bancorp (the “Company”), the Company’s shareholders adopted an amendment to Section 2.8 of the Company’s Bylaws eliminating the right of shareholders to cumulate votes in the election of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774923015132/0001437749-23-015132-index.htm

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