Plumas Bancorp (PLBC) has provided an update.
Plumas Bancorp’s Board of Directors has rolled out a new incentive for its directors, executives, and employees in the form of restricted stock units under their 2022 Equity Incentive Plan, initially greenlit by shareholders. These stock awards will gradually become the recipient’s property, contingent on their ongoing affiliation with the company. The details of the vesting schedule for these units are to be determined by the Board or a designated committee.
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