Michael Scott Ashbrook - Jan 31, 2023 Form 4 Insider Report for RED RIVER BANCSHARES INC (RRBI)

Role: Director
Signature: /s/ Julia E. Callis, as Attorney-in-Fact
Stock symbol: RRBI
Transactions as of: Jan 31, 2023
Transactions value $: $16,899
Form type: 4
Date filed: 2/1/2023, 03:21 PM
Previous filing: Feb 2, 2022
Next filing: Feb 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RRBI	Common Stock	Award	$16.9K	+332	+0.68%	$50.90	49.3K	Jan 31, 2023	Direct	F1
holding	RRBI	Common Stock						48.5K	Jan 31, 2023	By Self as Trustee of the Jeffrey M. Ashbrook Testamentary Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This stock was acquired pursuant to the Issuer's Amended and Restated Director Compensation Program in a transaction exempt from Section 16 under Rule 16b-3(d). Under this Program, non-employee directors may elect in advance to receive shares of common stock in lieu of cash for director fees payable for their attendance at board meetings, at a price per share equal to the closing sales price of the common stock on the Nasdaq Stock Market on the date of issuance (referred to as the "transaction date"). These shares were issued as payment for the reporting person's board meeting fees for the calendar year ending December 31, 2022. The price as shown above reflects the closing sales price of the common stock on the transaction date.

Content

This stock was acquired pursuant to the Issuer's Amended and Restated Director Compensation Program in a transaction exempt from Section 16 under Rule 16b-3(d). Under this Program, non-employee directors may elect in advance to receive shares of common stock in lieu of cash for director fees payable for their attendance at board meetings, at a price per share equal to the closing sales price of the common stock on the Nasdaq Stock Market on the date of issuance (referred to as the "transaction date"). These shares were issued as payment for the reporting person's board meeting fees for the calendar year ending December 31, 2022. The price as shown above reflects the closing sales price of the common stock on the transaction date.