secwatch.observer — SEC 8-K summary
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Issuer:     PLUMAS BANCORP (PLBC)
CIK:        0001168455
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001437749-26-001817
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plumas Bancorp approves 2026 incentive plan with ROA-based bonus pool
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- Plan covers employees of Plumas Bank working at least 20 hrs/week; approved Jan 21, 2026.
- Max bonus pool 8.8% of pretax pre-bonus income; triggered above 50th ROA percentile vs peers.
- Officers pool is 90.9% of combined pools; CEO eligible for up to 11.6% of officers pool.
- CEO incentive: 49.6% ROA, 16.6% performance goals, 16.6% metrics, 17.2% discretionary.
- EVP incentive: 58.8% ROA, 16.8% goals, 8.4% metrics, 16.0% CEO evaluation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1168455/000143774926001817/0001437749-26-001817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1168455/000143774926001817/plbc20260122_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-001817

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