{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-038049","form_type":"8-K","ticker":"PLBC","cik":"0001168455","company_name":"PLUMAS BANCORP","filed_at":"2024-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.831201+00:00","generated_at":"2026-05-29T00:04:56.393290+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Plumas Bancorp approves 2025 cash incentive plan with ROA-based bonus pool","bullets":["Officers' portion represents 90.9% of combined bonus pools; maximum total pool is 8.8% of pretax pre-bonus income.","CEO can receive up to 12% of officers' pool; EVPs each up to 4.65%; payouts tied to ROA percentile vs. $1B-$3B bank peers.","Incentives begin when Bank exceeds 50th percentile ROA; at 80.8th percentile total pool equals 5.5% of pretax pre-bonus income.","CEO incentive based 50% on ROA percentile, 16.7% on performance goals, 16.6% on metrics (loan/deposit growth, asset quality), 16.7% on CEO evaluation.","Board may terminate or modify the Plan; all payouts require Corporate Governance and Compensation Committee approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-038049","json":"https://secwatch.observer/filing/0001437749-24-038049.json","markdown":"https://secwatch.observer/filing/0001437749-24-038049.md","text":"https://secwatch.observer/filing/0001437749-24-038049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1168455/000143774924038049/0001437749-24-038049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1168455/000143774924038049/plbc20241219c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T00:04:56.393290+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}