Michael Scott Ashbrook - Jan 31, 2024 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, 2024
Transactions value $
$12,956
Form type
4
Date filed
2/1/2024, 05:53 PM
Previous filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $13K +253 +0.51% $51.21 49.5K Jan 31, 2024 Direct F1
holding RRBI Common Stock 48.5K Jan 31, 2024 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 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.