RED RIVER BANCSHARES (RRBI) officer reports bona fide gift of 255 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RED RIVER BANCSHARES INC officer Bryon C. Salazar reported a bona fide gift of 255 shares of Common Stock on March 11, 2026. The shares were transferred at no stated price. After the gift, he directly owns 42,270 shares and indirectly owns 4,000 shares through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
255 shares gifted
Mixed
2 txns
Insider
Salazar Bryon C.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 255 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,270 shares (Direct);
Common Stock — 4,000 shares (Indirect, By Spouse)
Footnotes (1)
- Consists of 38,270 shares held in a joint account with the reporting person's spouse, Tammi R. Salazar, and 4,000 shares held directly by the reporting person. Includes 2,660 shares of unvested restricted stock granted to the reporting person, which vest as follows: (i) 560 shares vest on April 1, 2026; (ii) 240 shares vest on July 1, 2026; (iii) 560 shares vest on April 1, 2027; (iv) 140 shares vest on July 1, 2027; (v) 560 shares vest on April 1, 2028; (vi) 400 shares vest on April 1, 2029; and (vii) 200 shares vest on April 1, 2030. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. The number of shares reported reflects a prior change in the form of beneficial ownership. Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,660 shares of unvested restricted stock, which vest as follows: (i) 560 shares vest on April 1, 2026; (ii) 240 shares vest on July 1, 2026; (iii) 560 shares vest on April 1, 2027; (iv) 140 shares vest on July 1, 2027; (v) 560 shares vest on April 1, 2028; (vi) 400 shares vest on April 1, 2029; and (vii) 200 shares vest on April 1, 2030. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
FAQ
What insider transaction did Bryon C. Salazar report at RRBI?
Bryon C. Salazar reported a bona fide gift of 255 shares of RED RIVER BANCSHARES INC Common Stock. The transaction occurred on March 11, 2026 and was recorded at a price of $0.00 per share, indicating a non-cash transfer.
What does the Form 4 gift transaction mean for RRBI stock ownership?
The filing shows a small gift transfer of 255 shares, which is minor relative to Bryon C. Salazar’s reported holdings. He continues to hold 42,270 shares directly and 4,000 shares indirectly, so his overall reported ownership remains substantial after the transaction.
How is Bryon C. Salazar’s indirect ownership in RRBI structured?
The Form 4 identifies 4,000 shares of RED RIVER BANCSHARES INC Common Stock as held indirectly “By Spouse.” This means those shares are legally owned by his spouse, but are reported as indirect beneficial ownership for SEC disclosure purposes.
Was the RRBI insider transaction a market sale or purchase?
The transaction was reported with code G, described as a bona fide gift, not a market sale or purchase. The shares were transferred at a reported price of $0.00 per share, indicating no cash consideration changed hands in the market.
Does the RRBI Form 4 mention unvested restricted stock for Bryon C. Salazar?
Footnotes describe 2,660 shares of unvested restricted stock subject to forfeiture, scheduled to vest in tranches between April 1, 2026 and April 1, 2030. These vesting schedules affect when those shares may become fully owned if conditions are met.