---
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"
generated_at: "2026-05-30T05:08:36.437527+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Red River Bancshares repurchases 50,000 shares for $2.5M from trusts of former director's family

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071236/000107123624000084/0001071236-24-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071236/000107123624000084/rrbi-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071236-24-000084
- JSON: https://secwatch.observer/filing/0001071236-24-000084.json
- Plain text: https://secwatch.observer/filing/0001071236-24-000084.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.