RRBI (RRBI) director receives 600-share restricted stock grant and holds 163,096
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chatelain Ronald Blake reported acquisition or exercise transactions in this Form 4 filing.
RED RIVER BANCSHARES INC director and officer Ronald Blake Chatelain received a grant of 600 shares of unvested restricted common stock on April 1, 2026. These shares will vest in equal installments over five years and are subject to forfeiture under specified conditions.
Following this award, Chatelain holds 163,096 common shares directly, including 2,330 unvested restricted shares that vest in stages between July 1, 2026 and April 1, 2031. The transaction reflects a compensation-related equity grant rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chatelain Ronald Blake
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 163,096 shares (Direct)
Footnotes (1)
- Reflects 600 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. Includes 2,330 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 150 shares vest on July 1, 2026; (ii) 680 shares vest on April 1, 2027; (iii) 680 shares vest on April 1, 2028; (iv) 480 shares vest on April 1, 2029; (v) 220 shares vest on April 1, 2030; and (vi) 120 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.
Key Figures
Restricted stock grant: 600 shares
Total shares after grant: 163,096 shares
Existing unvested restricted stock: 2,330 shares
+2 more
5 metrics
Restricted stock grant
600 shares
Unvested restricted common stock granted on April 1, 2026
Total shares after grant
163,096 shares
Direct common stock holdings following the transaction
Existing unvested restricted stock
2,330 shares
Unvested restricted shares vesting from July 1, 2026 to April 1, 2031
Nearest vesting tranche
150 shares
Restricted stock vesting on July 1, 2026
Future vesting tranches
680 / 680 / 480 / 220 / 120 shares
Vesting on April 1, 2027, 2028, 2029, 2030, and 2031 respectively
Key Terms
restricted stock, unvested, forfeiture, vest
4 terms
restricted stock financial
"Reflects 600 shares of unvested restricted stock granted to the reporting person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
unvested financial
"Reflects 600 shares of unvested restricted stock granted to the reporting person"
forfeiture financial
"subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant"
vest financial
"that will vest in equal installments on each of the first five anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did RRBI director Ronald Blake Chatelain report?
Ronald Blake Chatelain reported receiving 600 shares of unvested restricted common stock in RED RIVER BANCSHARES INC as a grant. The award is compensation-related, not an open-market purchase, and increases his direct holdings to 163,096 common shares after the transaction.
What other unvested RRBI restricted stock does Ronald Chatelain hold and when does it vest?
Besides the new 600-share grant, Ronald Chatelain holds 2,330 unvested RRBI restricted shares. These vest in tranches between July 1, 2026 and April 1, 2031, with specific amounts scheduled across those dates and subject to possible forfeiture events.