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confidence high
sentiment neutral
materiality 0.30
Plumas Bancorp adopts new RSU agreement ending dividend equivalents on unvested awards
PLUMAS BANCORP
- New form of restricted stock unit award agreement adopted by Board on March 1, 2026.
- No cash dividends or dividend equivalents will be paid on shares underlying unvested RSUs.
- Participants only eligible for dividends on shares issued after vesting and settlement.
- New form applies to future grants to directors, executives, and employees under 2022 Equity Incentive Plan.
- Prior form allowed dividend equivalents; change eliminates that feature.