Plumas Bancorp director Robison sells $24,670 in stock

Plumas Bancorp Director Michonne R. Robison sold 500 shares of the company’s common stock in a transaction executed on November 12, 2024, at an average price of $49.34 per share. The sale, which took place on the open market, was disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC) to comply with regulatory transparency requirements. This transaction resulted in a total sale value of approximately $24,670, occurring during a period of active trading for the Quincy, California-based bank holding company. Following the completion of this disposal, Robison continues to maintain a significant stake in Plumas Bancorp, holding 3,212 shares directly. The sale represents a minor adjustment to the director's investment portfolio, a practice common among corporate insiders who manage their personal equity holdings for diversification or liquidity purposes. Despite the sale, the remaining shares held by Robison demonstrate a continued alignment with the financial interests of the bank, which serves various communities across northeastern California and northwestern Nevada. Plumas Bancorp, the parent company of Plumas Bank, has seen its stock performance monitored closely by investors looking for signals within the regional banking sector. Insider transactions such as this one are often analyzed by market participants to gauge executive confidence, though they are frequently planned in advance. The filing provides the public with a clear view of the ownership structure and the movements of key stakeholders within the organization, ensuring that the company adheres to federal financial oversight standards.