Ashbrook Michael Scott 4
4 · RED RIVER BANCSHARES INC · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Red River Bancshares (RRBI) Director Michael Ashbrook Receives 181 Shares
What Happened
Michael Scott Ashbrook, a director of Red River Bancshares, received 181 shares of RRBI common stock on January 30, 2026. The shares were issued at $83.06 per share (total value $15,034) as payment for board meeting fees under the company's director compensation program (transaction coded as an award/acquisition).
Key Details
- Transaction date and terms: 2026-01-30 — 181 shares @ $83.06 per share = $15,034 (code A: award/acquisition).
- Reason: Shares issued in lieu of cash director fees for the calendar year ended Dec 31, 2025, under the Issuer's Amended and Restated Director Compensation Program. (Footnote: exempt from Section 16 under Rule 16b-3(d).)
- Price basis: equals the Nasdaq closing price on the transaction/issuance date.
- Shares owned after transaction: Not stated in the provided Form 4.
- Filing: Report filed 2026-02-02; filing appears timely (within the required two business days).
Context
This was a routine, non‑market compensation issuance to a non‑employee director (shares issued in lieu of cash fees), not an open‑market purchase or sale. Such awards are common and reflect compensation rather than a direct trading signal about the director's view of the company.
Insider Transaction Report
Form 4
Ashbrook Michael Scott
Director
Transactions
- Award
Common Stock
[F1]2026-01-30$83.06/sh+181$15,034→ 49,969 total
Holdings
- 48,536(indirect: By Trust)
Common Stock
Footnotes (1)
- [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, 2025. The price as shown above reflects the closing sales price of the common stock on the transaction date.
Signature
/s/ Julia E. Callis, as Attorney-in-Fact|2026-02-02