FGBI insider Edgar R. Smith III reports November 2025 share buys

Q: What did First Guaranty Bancshares (FGBI) report in this Form 4 filing?

The filing shows director Edgar R. Smith III purchased additional shares of First Guaranty Bancshares, Inc. common stock in multiple open‑market transactions during November 2025 .

Q: How many FGBI shares did Edgar R. Smith III buy and at what prices?

The reported purchases include 1,500 shares at $5.78 , 1,500 shares at $4.85 , 15,000 shares at a weighted average price of $4.97 , 2,500 shares at $4.81 , and 800 shares at $4.95 per share.

Q: What does the weighted average price disclosure mean in the FGBI Form 4?

One transaction for 15,000 shares is reported at a $4.97 weighted average sale price, with trades executed between $4.81 and $5.06 . The reporting person states he will provide full trade details upon request.

Q: Does this FGBI Form 4 include any derivative securities like options or warrants?

The section for derivative securities shows no entries, indicating no reportable options, warrants, or other derivative positions in this filing.

Filing Impact

(Moderate)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

First Guaranty Bancshares, Inc. director reports open‑market share purchases. Director Edgar R. Smith III disclosed multiple purchases of FGBI common stock in November 2025. On November 17, 2025, entities affiliated with him bought 1,500 shares at $5.78 per share. On November 20, 2025, additional purchases included 1,500 shares at $4.85, 15,000 shares at a weighted average price of $4.97, 2,500 shares at $4.81, and 800 shares at $4.95. After these transactions, he reports 2,867,467 shares held directly and several indirect holdings through limited liability companies, reflecting substantial ongoing ownership in the bank’s stock.

Insider Trade Summary

Net Buyer: 21,300 shares ($106,480)

Net Buy 8 txns

Insider Smith Edgar R. III

Role Director

Bought 21,300 shs ($106K)

Type	Security	Shares	Price	Value
Purchase	COMMON STOCK	1,500	$4.85	$7K
Purchase	COMMON STOCK	15,000	$4.97	$75K
Purchase	COMMON STOCK	2,500	$4.81	$12K
Purchase	COMMON STOCK	800	$4.95	$4K
Purchase	COMMON STOCK	1,500	$5.78	$9K
holding	COMMON STOCK	--	--	--
holding	COMMON STOCK	--	--	--
holding	COMMON STOCK	--	--	--

Holdings After Transaction: COMMON STOCK — 20,063 shares (Indirect, By: Smith-Hoover Holdings, L.L.C.); COMMON STOCK — 2,867,467 shares (Direct)

Footnotes (1)

The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This transaction was executed in multiple trades at prices ranging from $4.81 to $5.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Form 4 Insider Transactions: What Each Field Means →

11/21/2025 - 05:44 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith Edgar R. III

(Last)

(First)

(Middle)

400 EAST THOMAS STREET

(Street)

HAMMOND

70401

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
First Guaranty Bancshares, Inc. [ FGBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON STOCK	11/17/2025		P		1,500	A	$5.78	18,563	I	By: Smith-Hoover Holdings, L.L.C.⁽¹⁾
COMMON STOCK	11/20/2025		P		1,500	A	$4.85	20,063	I	By: Smith-Hoover Holdings, L.L.C.⁽¹⁾
COMMON STOCK	11/20/2025		P		15,000	A	$4.97⁽²⁾	2,867,467	D
COMMON STOCK	11/20/2025		P		2,500	A	$4.81	21,907	I	By; MACSMITH LLC⁽¹⁾
COMMON STOCK	11/20/2025		P		800	A	$4.95	341,437	I	By: Smith & Hood Investment, LLC⁽¹⁾
COMMON STOCK								328,270	I	By: Smith & Tate Investments, LLC⁽¹⁾
COMMON STOCK								340,344	I	By: Big 4 Investments, LLC⁽¹⁾
COMMON STOCK								1,062,817	I	By Smith & Hood Holding Company, LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

2. This transaction was executed in multiple trades at prices ranging from $4.81 to $5.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	/s/ Edgar R. Smith III	11/21/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did First Guaranty Bancshares (FGBI) report in this Form 4 filing?

The filing shows director Edgar R. Smith III purchased additional shares of First Guaranty Bancshares, Inc. common stock in multiple open‑market transactions during November 2025.

How many FGBI shares did Edgar R. Smith III buy and at what prices?

The reported purchases include 1,500 shares at $5.78, 1,500 shares at $4.85, 15,000 shares at a weighted average price of $4.97, 2,500 shares at $4.81, and 800 shares at $4.95 per share.

How many First Guaranty Bancshares shares does the director own after these trades?

After the reported transactions, Edgar R. Smith III reports 2,867,467 shares held directly, plus additional indirect holdings through several limited liability companies.

What does the weighted average price disclosure mean in the FGBI Form 4?

One transaction for 15,000 shares is reported at a $4.97 weighted average sale price, with trades executed between $4.81 and $5.06. The reporting person states he will provide full trade details upon request.

Does this FGBI Form 4 include any derivative securities like options or warrants?

The section for derivative securities shows no entries, indicating no reportable options, warrants, or other derivative positions in this filing.

Are any of Edgar R. Smith III’s FGBI holdings indirect through other entities?

Yes. The filing lists indirect ownership through several LLCs, including Smith-Hoover Holdings, L.L.C., MACSMITH LLC, Smith & Hood Investment, LLC, Smith & Tate Investments, LLC, Big 4 Investments, LLC, and Smith & Hood Holding Company, LLC.