SCHEDULE: Thibeaux Discloses 11.2% Red River Bancshares Stake

Simeon A. Thibeaux has disclosed a beneficial ownership of 11.2% in Red River Bancshares, Inc., totaling 736,057 shares.

Summary

• Simeon A. Thibeaux beneficially owns an aggregate of 736,057 shares of Red River Bancshares, Inc. common stock.
• This ownership represents 11.2% of the company's outstanding common stock.
• Of the total, 433,646 shares are subject to sole voting and sole dispositive power, held by the John Charles Simpson Jr. Trust (266,407 shares) and the Angela Katherine Simpson Trust (167,239 shares), for which Mr. Thibeaux is the sole trustee.
• An additional 302,411 shares are subject to shared voting and shared dispositive power, held by S3 Dynamics, L.P.
• Mr. Thibeaux is one of three managers of S3 Management, L.L.C., the sole general partner of S3 Dynamics, L.P., and is also a trustee or investment advisor for trusts owning approximately 95% of S3 Dynamics, L.P.'s limited partnership interests.
• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate a positive or negative sentiment regarding the company's performance or outlook. The certification of passive intent (not for control) supports a neutral stance.

Risks

• The beneficial ownership structure involves multiple trusts and a limited partnership (S3 Dynamics, L.P.), with the reporting person having varying degrees of control (sole trustee, one of three managers, investment advisor for limited partnership interests), which could introduce complexity in governance or future disposition decisions.
• The filing certifies that the securities were not acquired or held for the purpose of changing or influencing control of the issuer, except for activities solely in connection with a nomination under Rule 14a-11, which limits potential activist investor actions.

Stakeholder Impact

• Shareholders: Disclosure of a significant beneficial owner (11.2%) provides transparency regarding the company's ownership structure, potentially influencing investor perception of stability or control.

Key Dates

Keywords

Red River Bancshares, Simeon A. Thibeaux, Beneficial Ownership, Schedule 13G, Common Stock, Financial Services, Banking, Louisiana