McAnally trust buys First Guaranty Bancshares stock
First Guaranty Bancshares, Inc. director Bruce McAnally, through the BMAC Irrevocable Asset Trust where he is trustee, bought 32,176 shares of common stock in an open-market transaction at $7.77 per share.
Rhea-AI Filing Summary
First Guaranty Bancshares, Inc. director Bruce McAnally, through the BMAC Irrevocable Asset Trust where he is trustee, bought 32,176 shares of common stock in an open-market transaction at $7.77 per share. The filing notes these shares are held jointly with his spouse.
After this purchase, the BMAC Irrevocable Asset Trust holds 332,536 shares of First Guaranty Bancshares common stock. McAnally also reports smaller additional direct and indirect holdings through a personal account, various IRAs, family trusts and an affiliated entity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 32,176 shares
Net Buy
9 txns
Insider
McAnally Bruce
Role
Director
Bought
32,176 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 32,176 | $7.77 | $250K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 332,536 shares (Indirect, By trust, BMAC Irrevocable Asset Trust, Bruce McAnally Trustee);
COMMON STOCK — 3,253 shares (Direct);
COMMON STOCK — 1,572 shares (Indirect, By IRA);
COMMON STOCK — 220 shares (Indirect, By Roth IRA);
COMMON STOCK — 2,583 shares (Indirect, By spouse's IRA);
COMMON STOCK — 10,678 shares (Indirect, By trust, TMAC Irrevocable Asset Trust, Bruce McAnally Trustee);
COMMON STOCK — 633 shares (Indirect, By affiliate, Medicine Shoppes, Inc.);
COMMON STOCK — 11,403 shares (Indirect, By trust, Tina McAnally 2007 Trust, Tina McAnally Trustee);
COMMON STOCK — 385 shares (Indirect, By Keestra Financial (McKinney Wealth Management), Tina McAnally 2007 Trust)
Footnotes (1)
- F1. All shares held jointly with spouse.
Key Figures
Open-market purchase: 32,176 shares
Purchase price: $7.77 per share
BMAC trust holdings: 332,536 shares
+5 more
8 metrics
Open-market purchase
32,176 shares
Common stock bought on 2026-03-31
Purchase price
$7.77 per share
Price for 32,176 common shares
BMAC trust holdings
332,536 shares
Indirect ownership after transaction
Direct holdings
3,253 shares
Direct ownership after transaction
IRA holdings
1,572 shares
Indirect ownership by IRA after transaction
Roth IRA holdings
220 shares
Indirect ownership by Roth IRA after transaction
Spouse's IRA holdings
2,583 shares
Indirect ownership by spouse's IRA after transaction
TMAC trust holdings
10,678 shares
Indirect ownership by TMAC Irrevocable Asset Trust
Key Terms
open-market purchase, indirect ownership, IRA, trust, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 32,176 shares at $7.77"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"ownership_type: "indirect" with nature of ownership by various trusts and IRAs"
IRA financial
"nature_of_ownership includes "By IRA" and "By spouse's IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
trust financial
"nature_of_ownership includes "BMAC Irrevocable Asset Trust" and "TMAC Irrevocable Asset Trust""
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing McAnally’s transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FGBI director Bruce McAnally report?
Director Bruce McAnally reported an open-market purchase of 32,176 shares of First Guaranty Bancshares common stock. The transaction was executed at $7.77 per share and was made through the BMAC Irrevocable Asset Trust, where he serves as trustee.
Is the FGBI insider purchase by Bruce McAnally direct or indirect ownership?
The reported purchase is an indirect ownership transaction through the BMAC Irrevocable Asset Trust. The Form 4 classifies the trade as indirect, with McAnally acting as trustee, and notes that all shares are held jointly with his spouse according to the footnote disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
