Carriere Isabel V. 4

What Happened

• Isabel V. Carriere, Senior Executive Vice President, Chief Financial Officer and Assistant Corporate Secretary of Red River Bancshares, was granted 800 shares of unvested restricted stock on April 1, 2026. The shares were awarded at $0 per share (no cash paid) and are compensation, not an open-market purchase or sale.
• The 800-share grant will vest in equal installments on each of the first five anniversaries of the grant date (160 shares per year) and is subject to forfeiture upon certain events specified in the grant agreement.

Key Details

• Transaction date and price: 2026-04-01; award price $0.00 per share.
• Shares after transaction: filing shows this 800-share grant plus an existing 2,900 shares of unvested restricted stock previously granted, bringing reported unvested restricted shares to 3,700 (all subject to vesting/forfeiture terms).
• Notable footnotes:
  • F1: 800 shares granted 4/1/2026 vest in equal installments over five years and are subject to forfeiture conditions.
  • F2: Previously reported 2,900 unvested shares vest on various dates from July 1, 2026 through April 1, 2031 (detailed schedule in filing) and are likewise subject to forfeiture.
• Filing timing: Reported for period 2026-04-01 and filed 2026-04-02 (filed promptly).

Context

• This was a restricted stock award (code A) as part of executive compensation. Such grants reflect company compensation practices and vest over time; they do not represent a direct buy or sell signal in the market.
• Awards at $0 are common for restricted stock; they become economically meaningful only as they vest and/or if shares are later sold.