---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-027612"
form_type: "8-K"
ticker: "PLBC"
cik: "0001168455"
company_name: "PLUMAS BANCORP"
filed_at: "2025-08-22T23:59:59+00:00"
generated_at: "2026-05-17T10:30:43.503225+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-25-027612
- form_type: 8-K
- ticker: PLBC
- cik: 0001168455
- company_name: PLUMAS BANCORP
- filed_at: 2025-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168455/000143774925027612/0001437749-25-027612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168455/000143774925027612/plbc20250822_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-027612
- JSON: https://secwatch.observer/filing/0001437749-25-027612.json
- Plain text: https://secwatch.observer/filing/0001437749-25-027612.txt

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