Form 4: Red River Bancshares Executive Acquires 1,000 Shares of Restricted Stock

Isabel V. Carriere, Executive Vice President, Chief Financial Officer, and Assistant Corporate Secretary of Red River Bancshares Inc., acquired 1,000 shares of restricted stock on April 1, 2025.

Summary

• On April 1, 2025, Isabel V. Carriere, an executive at Red River Bancshares Inc., acquired 1,000 shares of unvested restricted stock.
• These shares were granted at a price of $0.
• The shares will vest in equal installments over the next five years.
• Ms. Carriere also holds an additional 3,020 shares of unvested restricted stock that vest at various dates between July 1, 2025, and April 1, 2030.
• Following the transaction, Ms. Carriere beneficially owns 43,759 shares of Red River Bancshares Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it simply reports an insider transaction. The acquisition of restricted stock can be seen as a positive sign of alignment with shareholder interests, but it's a routine occurrence.

Positives

• The acquisition of restricted stock aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Risks

• The unvested restricted stock is subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and executive compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.

Key Dates

Keywords

Red River Bancshares, RRBI, insider trading, restricted stock, beneficial ownership, Form 4, Carriere, executive compensation