Moreau Anna Brasher 4

What Happened

• Anna Brasher Moreau, a director of Red River Bancshares, was issued 198 shares of common stock on January 30, 2026 as part of the company’s director compensation program. The shares were issued at $83.06 per share, for a total value of $16,446. This was an award/acquisition (A) rather than an open‑market purchase or sale and represents routine compensation for board service.

Key Details

• Transaction date and price: Jan 30, 2026; 198 shares at $83.06 per share.
• Total value: $16,446.
• Transaction type/code: Award/Acquisition (A) under the director compensation program.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: Shares were issued pursuant to the Issuer’s Amended and Restated Director Compensation Program and exempt from Section 16 under Rule 16b-3(d). The issuance represented payment of board meeting fees for the calendar year ended Dec 31, 2025; the per‑share price equals the Nasdaq closing price on the transaction (issuance) date.
• Filing timeliness: Filed Feb 2, 2026 (within the Form 4 reporting window).

Context

• This issuance reflects routine director compensation (an award in lieu of cash fees) and is typically considered administrative rather than a direct signal of the director’s view on the company’s stock. The exemption under Rule 16b‑3(d) and the footnote indicate the shares were issued as payment for board fees at the closing market price on the transaction date.