Price Teddy Ray 4
4 · RED RIVER BANCSHARES INC · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Red River Bancshares (RRBI) Director Teddy Ray Receives Award (198 Shares)
What Happened
Teddy Ray, a director of Red River Bancshares, received an award of 198 shares of common stock on 2026-01-30. The shares were issued at $83.06 per share (closing Nasdaq price on the transaction date), for a total value of $16,446. This was an award/compensation issuance (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-01-30. Filing date: 2026-02-02 (filed within the typical two-business-day Form 4 window).
- Price per share: $83.06; total value: $16,446.
- Shares owned after the transaction: not disclosed on the reported Form 4.
- Footnote: Shares were issued under the issuer’s Amended and Restated Director Compensation Program and are exempt from Section 16 under Rule 16b-3(d). They were issued in lieu of cash director fees for board meeting attendance for the calendar year ending December 31, 2025; issue price equals Nasdaq closing price on the transaction (per footnote).
Context
This is routine director compensation (equity in lieu of cash fees), which is common for non-employee directors and does not necessarily indicate a trading signal. The transaction was an award/acquisition under the company’s director plan rather than a purchase in the open market or a sale.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-30$83.06/sh+198$16,446→ 375,158 total
- 65,528(indirect: By LLC)
Common Stock
- 6,098(indirect: By Spouse)
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.