Red River Bancshares (RRBI) grants restricted stock to Salazar and spouse
Rhea-AI Filing Summary
Salazar Bryon C. reported acquisition or exercise transactions in this Form 4 filing.
Red River Bancshares officer Bryon C. Salazar received awards of restricted common stock on April 1, 2026. He was granted 800 shares of unvested restricted stock at no cash cost, vesting in equal installments over five years and subject to forfeiture under specified conditions.
On the same date, his spouse, Tammi R. Salazar, also received 800 shares of unvested restricted stock on identical vesting and forfeiture terms, which are reported as indirectly owned. After these awards, Salazar directly holds 43,070 shares, and 4,800 shares are reported as indirectly owned through his spouse, with additional unvested restricted stock scheduled to vest between 2026 and 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 800 | $0.00 | -- |
| Grant/Award | Common Stock | 800 | $0.00 | -- |
Footnotes (1)
- Reflects 800 shares of unvested restricted stock granted to the reporting person on April 1, 2026 that will vest in equal installments on each of the first five anniversaries of the grant date. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. Consists of 38,270 shares held in a joint account with the reporting person's spouse, Tammi R. Salazar, and 4,800 shares held directly by the reporting person. Includes 2,900 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 240 shares vest on July 1, 2026; (ii) 720 shares vest on April 1, 2027; (iii) 140 shares vest on July 1, 2027; (iv) 720 shares vest on April 1, 2028; (v) 560 shares vest on April 1, 2029; (vi) 360 shares vest on April 1, 2030; and (vii) 160 shares vest on April 1, 2031. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. Reflects 800 shares of unvested restricted stock granted to the reporting person's spouse, Tammi R. Salazar, on April 1, 2026 that will vest in equal installments on each of the first five anniversaries of the grant date. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,900 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 240 shares vest on July 1, 2026; (ii) 720 shares vest on April 1, 2027; (iii) 140 shares vest on July 1, 2027; (iv) 720 shares vest on April 1, 2028; (v) 560 shares vest on April 1, 2029; (vi) 360 shares vest on April 1, 2030; and (vii) 160 shares vest on April 1, 2031. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.