secwatch.observer — SEC 8-K summary
======================================

Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001437749-25-023130
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plumas Bancorp enters CIC agreements with five top executives
-------------------------------------------------------------

- Agreements with CFO Belstock, Moseley, Boigon, Moore, Prescott signed July 21, 2025.
- Trigger: qualifying termination within 24 months after change in control.
- Lump sum equals base salary, unpaid prior-year bonus, and prorated average bonus over three years.
- COBRA premium reimbursement for up to 18 months included.
- Term ends Dec 31, 2028, auto-renews; extends 2 years post-change-in-control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925023130/0001437749-25-023130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774925023130/plbc20250721_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-023130

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer