Teddy Ray Price - 31 Jan 2025 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 2025
Net transactions value
+$13,504
Form type
4
Filing time
03 Feb 2025, 15:58:59 UTC
Previous filing
04 Nov 2024
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $13,504 +242 +0.07% $55.80 368,946 31 Jan 2025 Direct F1, F2
holding RRBI Common Stock 65,005 31 Jan 2025 By Kisatchie Industries, LLC, for which Mr. Price serves as Manager.
holding RRBI Common Stock 6,061 31 Jan 2025 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, 2024. 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.