Form 4: Red River Bancshares Director Teddy Ray Price Increases Stake in Company

Sentiment:

SEC Form 4 Filing


Director Teddy Ray Price increased his holdings in Red River Bancshares through multiple open market purchases on May 5, 2025.

Summary

  • On May 5, 2025, Teddy Ray Price, a director of Red River Bancshares Inc. [RRBI], acquired additional shares of common stock.
  • He purchased 779 shares at $53.87 each, 144 shares at $53.88 each, and 3 shares at $53.77 each.
  • Following these transactions, Mr. Price directly owns 370,274 shares, and indirectly owns 65,250 shares through Kisatchie Industries, LLC, where he serves as Manager, and 6,073 shares through his spouse.
  • The direct holdings include 16,500 shares held in an estate account for which Mr. Price serves as executor and is expected to receive ownership upon settlement of the estate.

Sentiment

Score: 7

Explanation: Director's stock purchase is generally a positive signal, indicating confidence in the company. However, it's a routine transaction.

Positives

  • A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Directors purchasing shares in their own company is a common occurrence and is usually seen as a positive sign for the company's future.

Stakeholder Impact

  • The increased stake of a director could positively influence shareholder sentiment.

Key Dates

DateDescription
05/05/2025Date of stock purchase transactions
05/06/2025Date of signature on the Form 4 filing

Keywords

Red River Bancshares, RRBI, Teddy Ray Price, Director, Stock Purchase, Beneficial Ownership, Form 4, Kisatchie Industries

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