Teddy Ray Price - 31 Jan 2024 Form 4 Insider Report for RED RIVER BANCSHARES INC (RRBI)

Role
Director
Signature
/s/ Julia E. Callis, as Attorney-in-Fact
Issuer symbol
RRBI
Transactions as of
31 Jan 2024
Net transactions value
+$63,525
Form type
4
Filing time
02 Feb 2024, 13:18:38 UTC
Previous filing
28 Nov 2023
Next filing
03 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $14,288 +279 +0.08% $51.21 365,936 31 Jan 2024 Direct F1, F2
transaction RRBI Common Stock Purchase $43,577 +804 +0.22% $54.20 366,740 02 Feb 2024 Direct F2
transaction RRBI Common Stock Purchase $5,231 +96 +0.15% $54.49 64,664 02 Feb 2024 By Kisatchie Industries, LLC, for which Mr. Price serves as Manager.
transaction RRBI Common Stock Purchase $429 +8 +0.13% $53.68 6,033 02 Feb 2024 By Spouse
* 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 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, 2023. The price as shown above reflects the closing sales price of the common stock on the transaction date.
F2 Includes 16,500 shares held in an estate for which Mr. Price serves as executor. Mr. Price is expected to receive ownership of these shares once the estate is settled.