Salazar Bryon C. 4
4 · RED RIVER BANCSHARES INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Red River (RRBI) Bryon C. Salazar Receives Restricted Stock Award
What Happened
- Bryon C. Salazar, Senior Executive Vice President, Chief Banking Officer and Director of Red River Bancshares (Red River Bank, RRBI), was granted 800 unvested restricted shares on April 1, 2026. The award was granted at $0.00 (no immediate cash paid). The filing also reports a separate 800-share restricted award to his spouse that is disclosed in the same filing.
- The 800-share award to Salazar vests in equal installments on each of the first five anniversaries of the April 1, 2026 grant date and is subject to forfeiture under the grant terms.
Key Details
- Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-02 (appears to be filed promptly).
- Transaction type/code: A = Award/Grant (restricted stock); price reported $0.00 per share.
- Shares granted: 800 to Bryon C. Salazar (plus a separate 800-share grant to his spouse, Tammi R. Salazar, reported in the filing).
- Shares owned after transaction (per filing footnote): the reporting person’s holdings are reported as 38,270 shares in a joint account plus 4,800 shares held directly (total 43,070), which includes previously reported unvested restricted shares described in footnote 2.
- Notable footnotes:
- The 800-share grant vests in equal installments over five years and is subject to forfeiture (F1).
- The filing discloses additional unvested restricted stock (2,900 shares) with a detailed vesting schedule and similar forfeiture conditions (F2). A separate 800-share restricted grant to the spouse is noted (F3–F4).
- No sale or purchase occurred — this was a compensation grant, not an open-market trade.
Context
- Restricted stock awards are compensation and typically vest over time; they do not necessarily signal immediate insider buying or selling intent. Because the shares are unvested and subject to forfeiture until vesting conditions are met, they are different from outright purchases and should be interpreted as part of executive compensation.
Insider Transaction Report
Form 4
Salazar Bryon C.
See Remarks
Transactions
- Award
Common Stock
[F1][F2]2026-04-01+800→ 43,070 total - Award
Common Stock
[F1][F3][F4]2026-04-01+800→ 4,800 total(indirect: By Spouse)
Footnotes (4)
- [F1]Reflects 800 shares of unvested restricted stock granted to the reporting person on April 1, 2026 that will vest in equal installments on each of the first five anniversaries of the grant date. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
- [F2]Consists of 38,270 shares held in a joint account with the reporting person's spouse, Tammi R. Salazar, and 4,800 shares held directly by the reporting person. Includes 2,900 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 240 shares vest on July 1, 2026; (ii) 720 shares vest on April 1, 2027; (iii) 140 shares vest on July 1, 2027; (iv) 720 shares vest on April 1, 2028; (v) 560 shares vest on April 1, 2029; (vi) 360 shares vest on April 1, 2030; and (vii) 160 shares vest on April 1, 2031. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
- [F3]Reflects 800 shares of unvested restricted stock granted to the reporting person's spouse, Tammi R. Salazar, on April 1, 2026 that will vest in equal installments on each of the first five anniversaries of the grant date. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
- [F4]Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,900 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 240 shares vest on July 1, 2026; (ii) 720 shares vest on April 1, 2027; (iii) 140 shares vest on July 1, 2027; (iv) 720 shares vest on April 1, 2028; (v) 560 shares vest on April 1, 2029; (vi) 360 shares vest on April 1, 2030; and (vii) 160 shares vest on April 1, 2031. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
Signature
/s/ Julia E. Callis, as Attorney-in-Fact|2026-04-02