First Guaranty director buys 750 depository shares

Rhea-AI Filing Summary

First Guaranty Bancshares, Inc. (FGBI) director Bruce McAnally, through the BMAC Irrevocable Asset Trust for which he serves as trustee, reported open-market purchases of the company’s depository shares representing interests in its 6.75% Series A preferred stock. The trust bought 500 depository shares at $18.40 on September 8, 2026 and 250 depository shares at $18.25 on September 9, 2026, for a total of 750 depository shares. Each depository share represents a 1/40th interest in a share of the Series A preferred stock, which has a stated liquidation preference of $1,000 per share (equivalent to $25.00 per depository share). The reporting person disclaims beneficial ownership of these trust-held securities except to the extent of his pecuniary interest, and the transactions are not reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 750 shares

Net Buy 2 txns

Insider McAnally Bruce

Role Director

Bought 750 shs ($14K)

Type	Security	Shares	Price	Value
Purchase	DEPOSITORY SHARES F1, F2	250	$18.25	$5K
Purchase	DEPOSITORY SHARES F1, F2	500	$18.40	$9K

Holdings After Transaction: DEPOSITORY SHARES — 1,750 shares (Indirect, By trust, BMAC Irrevocable Asset Trust, Bruce McAnally Trustee)

Footnotes (2)

1. F1. Each depository share represents a 1/40th interest in a share of the issuer's 6.75% Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock, par value $1,000 per share, with a liquidation preference of $1,000 per share (equivalent to $25.00 per Depository Share).
2. F2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Key Figures

Shares purchased September 8, 2026: 500 depository shares Price September 8, 2026: $18.40 per depository share Shares purchased September 9, 2026: 250 depository shares +5 more

8 metrics

Shares purchased September 8, 2026 500 depository shares Open-market purchase by BMAC Irrevocable Asset Trust

Price September 8, 2026 $18.40 per depository share Open-market purchase by BMAC Irrevocable Asset Trust

Shares purchased September 9, 2026 250 depository shares Open-market purchase by BMAC Irrevocable Asset Trust

Price September 9, 2026 $18.25 per depository share Open-market purchase by BMAC Irrevocable Asset Trust

Total depository shares purchased 750 depository shares Combined purchases on September 8–9, 2026

Liquidation preference per preferred share $1,000 per share 6.75% Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock

Liquidation preference per depository share $25.00 per depository share Each depository share equals 1/40th of a preferred share

Interest represented by each depository share 1/40th of one preferred share 6.75% Series A preferred stock interest per depository share

Key Terms

Depository Shares, 6.75% Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock, liquidation preference, pecuniary interest, +1 more

5 terms

Depository Shares financial

"Each depository share represents a 1/40th interest in a share of the issuer's 6.75% Series A"

6.75% Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock financial

"interest in a share of the issuer's 6.75% Series A Fixed Rate Non-Cumulative Perpetual"

liquidation preference financial

"with a liquidation preference of $1,000 per share (equivalent to $25.00 per Depository"

A liquidation preference is a rule that determines who gets paid first and how much they receive when a company is sold, goes bankrupt, or distributes its assets. It gives certain investors a priority claim—often returning their original investment plus any agreed multiple—before other owners receive money, which shapes how much common shareholders and founders ultimately get; think of it as a front-of-the-line pass that affects payout order and investor returns.

pecuniary interest financial

"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"

beneficial ownership financial

"The reporting person disclaims beneficial ownership of these securities except to the extent"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

What insider transactions in FGBI were reported in this Form 4?

The filing reports that a trust associated with director Bruce McAnally purchased 750 depository shares of First Guaranty Bancshares’ 6.75% Series A preferred stock in two open-market transactions on September 8 and 9, 2026.

What prices did the trust pay for the FGBI depository shares?

The BMAC Irrevocable Asset Trust purchased 500 depository shares at $18.40 each on September 8, 2026 and 250 depository shares at $18.25 each on September 9, 2026, according to the Form 4.

What do the FGBI depository shares represent?

Each depository share represents a 1/40th interest in a share of First Guaranty Bancshares’ 6.75% Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock, which has a $1,000 per share liquidation preference, equivalent to $25.00 per depository share.

Who holds the FGBI securities reported in this Form 4?

The securities are held indirectly by the BMAC Irrevocable Asset Trust, with Bruce McAnally as trustee. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in them.

Were the FGBI insider purchases made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transactions were executed pursuant to a Rule 10b5-1 trading plan.

Are these FGBI transactions in common stock or preferred-related securities?

These transactions involve depository shares, each representing a fractional interest in First Guaranty Bancshares’ 6.75% Series A preferred stock, not the company’s common stock.

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Available on EDGAR 09/10/2026 - 04:10 PM Accepted by SEC EDGAR 09/10/2026 - 04:08 PM Learn about SEC filing dates

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^*

McAnally Bruce

(Last) (First) (Middle)

400 EAST THOMAS STREET

(Street)

HAMMOND LOUISIANA 70401

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
DEPOSITORY SHARES(1)	09/08/2026		P		500	A	$18.4	1,500	I	By trust, BMAC Irrevocable Asset Trust, Bruce McAnally Trustee(2)
DEPOSITORY SHARES(1)	09/09/2026		P		250	A	$18.25	1,750	I	By trust, BMAC Irrevocable Asset Trust, Bruce McAnally Trustee(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Each depository share represents a 1/40th interest in a share of the issuer's 6.75% Series A Fixed Rate Non-Cumulative Perpetual Preferred Stock, par value $1,000 per share, with a liquidation preference of $1,000 per share (equivalent to $25.00 per Depository Share).

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

	/s/ Bruce McAnally	09/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)