---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-033190"
form_type: "8-K"
ticker: "PLBC"
cik: "0001168455"
company_name: "PLUMAS BANCORP"
filed_at: "2026-10-22T13:05:17+00:00"
generated_at: "2026-10-22T13:06:03.946466+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Plumas Bancorp CFO Richard Belstock to retire Jan 1, 2027; Kelsey Cassinelli named successor

## Summary
- Belstock, CFO since 2011, steps down as EVP/CFO effective Jan 1, 2027 and becomes Special Assistant to the President at ~50% schedule and ~50% lower base salary.
- Kelsey Cassinelli, 32, currently SVP and Principal Accounting Officer, becomes EVP, CFO and Principal Financial Officer of Plumas Bancorp and Plumas Bank on Jan 1, 2027.
- Cassinelli's annual base salary set at $300,000; she is eligible for the annual incentive program and equity plans on the same basis as other executive officers.
- Cassinelli joined Plumas in April 2026 after KPMG LLP (2016-2026), most recently senior audit manager since April 2024.
- CEO Andy Ryback credited Belstock's financial leadership and said the bank is pleased he will remain in a continuing advisory role through the transition.

## SEC filing metadata
- accession: 0001437749-26-033190
- form_type: 8-K
- ticker: PLBC
- cik: 0001168455
- company_name: PLUMAS BANCORP
- filed_at: 2026-10-22T13:05:17+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1168455/000143774926033190/0001437749-26-033190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1168455/000143774926033190/plbc20261016_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-033190
- JSON: https://secwatch.observer/filing/0001437749-26-033190.json
- Plain text: https://secwatch.observer/filing/0001437749-26-033190.txt

## Key facts
- Executive change
  Richard Belstock departed as Executive Vice President and Chief Financial Officer at PLUMAS BANCORP.
  - Action: retire from the position of Chief Financial Officer
  - Role: Executive Vice President and Chief Financial Officer
  source text: On October 22, 2026, Plumas Bancorp (the "Company") announced that Richard Belstock, Executive Vice President and Chief Financial Officer of the Company and Plumas Bank (the "Bank"), will retire from the position of Chief Financial Officer effective January 1, 2027.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774926033190/0001437749-26-033190-index.htm
- Executive change
  Kelsey Cassinelli was appointed as Executive Vice President, Chief Financial Officer and Principal Financial Officer at PLUMAS BANCORP.
  - Action: appointed
  - Role: Executive Vice President, Chief Financial Officer and Principal Financial Officer
  source text: Also on October 22, 2026, the Board of Directors appointed Kelsey Cassinelli to serve as Executive Vice President, Chief Financial Officer and Principal Financial Officer of the Company and the Bank effective January 1, 2027.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1168455/000143774926033190/0001437749-26-033190-index.htm

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