8-K
filed November 5, 2024, 6:59 PM ET
ticker RRBI
CIK 0001071236
other material
confidence high
sentiment positive
materiality 0.35
Red River Bancshares repurchases 50,000 shares for $2.5M from trusts of former director's family
RED RIVER BANCSHARES INC
- Repurchased 50,000 shares at ~$50/share; price reflects discount to 10-, 20-, 30-day VWAP on Nov 1, 2024.
- Total purchase price approximately $2.5 million; transaction expected to close by Nov 7, 2024.
- Sellers are trusts for children of former director John C. Simpson; cited estate planning diversification.
- Trusts' collective beneficial ownership will decline from 8.4% to 7.7% of outstanding common stock.
- CEO Blake Chatelain stated repurchase demonstrates commitment to increasing shareholder value.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001071236-24-000084
- form_type
- 8-K
- ticker
- RRBI
- cik
- 0001071236
- company_name
- RED RIVER BANCSHARES INC
- filed_at
- 2024-11-05T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:07.581352+00:00
- generated_at
- 2026-05-30T05:08:36.437527+00:00
- sec_items
- ["1.01"]
- event_type
- other_material
- sentiment
- positive
- materiality_score
- 0.35
- calibrated_materiality_score
- 0.35
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001071236-24-000084
- json_url
- https://secwatch.observer/filing/0001071236-24-000084.json
- markdown_url
- https://secwatch.observer/filing/0001071236-24-000084.md
- text_url
- https://secwatch.observer/filing/0001071236-24-000084.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1071236/000107123624000084/0001071236-24-000084-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1071236/000107123624000084/rrbi-20241105.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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