Price Teddy Ray 4
Research Summary
AI-generated summary
Red River Bancshares (RRBI) Director Teddy Ray Buys Stock
What Happened
- Teddy Ray, a director of Red River Bancshares, made open-market purchases (transaction code P) on 2026-02-04, acquiring a total of 747 shares. The trades reported were: 630 shares at a weighted-average price of $90.39 ($56,946), 107 shares at $89.00 ($9,523), and 10 shares at $85.32 ($853). Total consideration for these purchases was approximately $67,322. These are purchases (a bullish signal in that the insider bought shares), not sales.
Key Details
- Transaction date: 2026-02-04 (reported on the same date)
- Trade breakdown:
- 630 shares @ $90.39 (weighted average; see footnote for price range)
- 107 shares @ $89.00
- 10 shares @ $85.32
- Total shares acquired: 747; total value: ≈ $67,322
- Footnote: The 630-share lot was executed in multiple trades at prices ranging from $90.09 to $90.56; the $90.39 price is a weighted average. The filer offered to provide details of the separate trade prices on request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: The report lists the same transaction and filing date (2026-02-04); no late filing indicated.
Context
- These were straightforward open-market purchases (code P). Purchases by directors are often watched by investors as a signal of personal conviction but do not prove future performance. No options exercises, awards, gifts, or tax-withholding events are reported in this filing.