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Betsy Hood joins First Guaranty Bancshares (NASDAQ: FGBI) board of directors

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

First Guaranty Bancshares, Inc. reported that its Board of Directors elected Betsy K. Hood as a director on April 16, 2026. She has not been appointed to any board committees at this time, and there is no current expectation of a specific committee assignment.

The company states that Ms. Hood is not involved in any transactions with First Guaranty or First Guaranty Bank that would require disclosure under Item 404(a) of SEC Regulation S-K. She is a graduate of Southeastern Louisiana University with over 25 years of experience in the retail automotive industry and serves as Dealer Principal of Hood Automotive Group, President of Southern Dealers Mechanical Breakdown Insurance, and a board member for two local organizations.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Election date April 16, 2026 Date Betsy K. Hood was elected to the Board of Directors
Industry experience Over 25 years Experience in the retail automotive industry for Betsy K. Hood
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
Regulation S-K regulatory
"would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
Item 404(a) regulatory
"would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Depositary Shares financial
"Depositary Shares (each representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock)"
Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 16, 2026

Image1.jpg
FIRST GUARANTY BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
Louisiana001-3762126-0513559
(State or other jurisdiction(Commission File Number)(I.R.S. Employer
incorporation or organization) Identification Number)
  
400 East Thomas Street 
Hammond, Louisiana
70401
(Address of principal executive offices)(Zip Code)
  
(985) 345-7685
(Registrant’s telephone number, including area code)
 
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $1 par valueFGBIThe Nasdaq Stock Market LLC
Depositary Shares (each representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock)FGBIPThe Nasdaq Stock Market LLC




Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(d) First Guaranty Bancshares, Inc. ("First Guaranty") elected Ms. Betsy K. Hood to the Board of Directors for First Guaranty on April 16, 2026. Ms. Hood has not been appointed to serve on any committees and there is no expectation that she will be appointed to any particular committee at this time. Ms. Hood is not a party to any transaction with First Guaranty or First Guaranty Bank that would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K.

Ms. Hood is a graduate of Southeastern Louisiana University. She has over 25 years of experience in the retail automotive industry and is Dealer Principal of Hood Automotive Group. She is President of Southern Dealers Mechanical Breakdown Insurance and currently serves on the Board of Directors of the Southeastern Lion Athletic Association and the Louisiana Children's Discovery Center.




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 
  FIRST GUARANTY BANCSHARES, INC.
  (Registrant)
Date: April 22, 2026   
  By:/s/Eric J. Dosch
   Eric J. Dosch
   Chief Financial Officer
   


FAQ

What did First Guaranty Bancshares (FGBI) announce in this 8-K?

First Guaranty Bancshares announced the election of Betsy K. Hood to its Board of Directors. She joined the board on April 16, 2026, bringing extensive retail automotive experience and local community leadership roles to the company’s governance structure.

Who is Betsy K. Hood, the new director at First Guaranty (FGBI)?

Betsy K. Hood is a graduate of Southeastern Louisiana University with over 25 years in the retail automotive industry. She is Dealer Principal of Hood Automotive Group, President of Southern Dealers Mechanical Breakdown Insurance, and serves on two local nonprofit boards.

Is Betsy K. Hood serving on any board committees at First Guaranty (FGBI)?

At the time of disclosure, Betsy K. Hood had not been appointed to any board committees. The company also notes there is no current expectation that she will be appointed to a particular committee, though that could change with future board decisions.

What other organizations is First Guaranty director Betsy K. Hood involved with?

Betsy K. Hood serves on the Boards of the Southeastern Lion Athletic Association and the Louisiana Children's Discovery Center. These roles highlight her engagement with regional educational and children’s organizations alongside her leadership positions in the automotive and insurance businesses.

Filing Exhibits & Attachments

4 documents