Filing Details

Accession Number:
0001770154-24-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-01 14:50:57
Reporting Period:
2024-03-28
Accepted Time:
2024-04-01 14:50:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1071236 Red River Bancshares Inc RRBI State Commercial Banks (6022) 721412058
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1770154 R. Tammi Salazar 1412 Centre Court Drive, Suite 301
Alexandria LA 71301
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-03-28 781 $50.05 39,901 No 4 S Direct
Common Stock Disposition 2024-03-28 256 $50.05 3,200 No 4 S Indirect By Spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By Spouse
Footnotes
  1. Reflects the sale of 781 shares of common stock held directly by the reporting person, as part of a diversification strategy under the terms of a trading plan under Rule 10b5-1 executed on November 3, 2023.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.05 to $50.06, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. Consists of 36,125 shares in a joint account with the reporting person's spouse, Bryon C. Salazar, and 3,776 shares held directly by the reporting person. Includes 2,020 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 160 shares vest on April 1, 2024; (ii) 480 shares vest on July 1, 2024; (iii) 160 shares vest on April 1, 2025; (iv) 360 shares vest on July 1, 2025; (v) 160 shares vest on April 1, 2026; (vi) 240 shares vest on July 1, 2026; (vii) 160 shares vest on April 1, 2027; (viii) 140 shares vest on July 1, 2027; and (ix) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
  4. Reflects the sale of 256 shares of common stock held directly by the reporting person's spouse, Bryon C. Salazar, as part of a diversification strategy under the terms of a trading plan under Rule 10b5-1 executed on November 3, 2023.
  5. Held directly by the reporting person's spouse, Bryon C. Salazar. Includes 2,020 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 160 shares vest on April 1, 2024; (ii) 480 shares vest on July 1, 2024; (iii) 160 shares vest on April 1, 2025; (iv) 360 shares vest on July 1, 2025; (v) 160 shares vest on April 1, 2026; (vi) 240 shares vest on July 1, 2026; (vii) 160 shares vest on April 1, 2027; (viii) 140 shares vest on July 1, 2027; and (ix) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.