Plumas Bancorp boosts severance to 18 months base salary for five officers in revised CIC agreements

PLUMAS BANCORP

Cash severance increased from 12 to 18 months base salary in Change-in-Control Agreements dated Aug 22, 2025.
Executives covered: EVP/CFO Richard Belstock, EVP/Market President Mathew Moseley, EVP/CIO Aaron Boigon, EVP/CCO Jeff Moore, EVP/CBO Jack Prescott.
Severance includes lump sum of 18 months' salary, unpaid annual bonus, prorated average bonus over 3 years, and COBRA reimbursement for up to 18 months.
Agreements run through Dec 31, 2028, auto-renew yearly; term extends to 2nd anniversary of change in control if not terminated earlier.

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