AI brief of an SEC Form 8-K · PLUMAS BANCORP (PLBC)

Plumas Bancorp CFO Belstock to retire; Kelsey Cassinelli named successor effective 2027

Neutral Impact 4 of 5 leadership Written later

Plumas Bancorp said Chief Financial Officer Richard Belstock will retire effective January 1, 2027, and the board appointed Kelsey Cassinelli, currently Senior Vice President and Principal Accounting Officer, as his successor on the same date. Mr. Belstock will stay on as Special Assistant to the President at roughly half his current schedule and about half his base salary, which shareholders may track as a change in the company's finance leadership during the transition.

Key points

  • Richard Belstock retires as EVP and CFO effective January 1, 2027, having held the role since 2011
  • Kelsey Cassinelli appointed EVP, CFO and Principal Financial Officer effective January 1, 2027, with a $300,000 annual base salary
  • Belstock continues as Special Assistant to the President at about 50% of his current schedule and base salary

The filing

CompanyPLUMAS BANCORP (PLBC)
Form8-K, current report
Filed with the SECOct 22, 2026, 9:05 AM ET
Accession number0001437749-26-033190

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.