Salazar Bryon C. 4
Research Summary
AI-generated summary
Red River Bancshares (RRBI) SVP Bryon Salazar Gifts 255 Shares
What Happened
Bryon C. Salazar, Senior Executive Vice President and Chief Banking Officer of Red River Bancshares, reported a gift of 255 shares on March 11, 2026. The transaction is marked as a gift (code G), reported as a disposition at $0.00 per share (no proceeds). After this disposal, the filing indicates Salazar’s reported beneficial ownership is 42,015 shares (includes 2,660 unvested restricted shares subject to forfeiture).
Key Details
- Transaction date: 2026-03-11; Transaction type: Gift (G); 255 shares disposed; reported price $0.00; total proceeds $0.
- Shares owned after transaction: 42,015 total beneficial shares (includes 2,660 unvested restricted shares).
- Unvested restricted stock vesting schedule (2,660 shares): 560 on 4/1/2026; 240 on 7/1/2026; 560 on 4/1/2027; 140 on 7/1/2027; 560 on 4/1/2028; 400 on 4/1/2029; 200 on 4/1/2030. These restricted shares are subject to forfeiture per the grant terms.
- Holdings detail: reported holdings include shares held jointly with spouse Tammi R. Salazar (38,270) and 4,000 shares held directly by the reporting person; spouse holdings noted separately in footnotes.
- Filing timing: Reported on 2026-03-13 for a 2026-03-11 transaction — within the typical two-business-day Form 4 reporting window.
Context
Gifts are non-market transfers and do not, by themselves, indicate the insider’s view on the company’s prospects. This filing documents a personal transfer; it is not a purchase or sale for cash. Retail investors typically treat gifted-share filings as informational rather than a direct signal of insider sentiment.