First Guaranty Bancshares (FGBI) director purchases 5,500 shares in open market
Rhea-AI Filing Summary
First Guaranty Bancshares, Inc. director Robert W. Walker purchased common stock in the open market. On 2026-08-13, he bought 5,500 shares at a weighted average price of $8.40 per share, increasing his directly held position to 56,621 shares. The price reflects multiple trades executed between $8.39 and $8.40, and the transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,500 shares
Net Buy
1 txn
Insider
WALKER ROBERT W
Role
Director
Bought
5,500 shs ($46K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK F1 | 5,500 | $8.40 | $46K |
Holdings After Transaction:
COMMON STOCK — 56,621 shares (Direct)
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $8.39 to $8.40. 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.
Key Figures
Shares purchased: 5,500 shares
Purchase price: $8.40 per share
Price range: $8.39–$8.40 per share
+1 more
4 metrics
Shares purchased
5,500 shares
Common stock bought on 2026-08-13 by director Robert W. Walker
Purchase price
$8.40 per share
Weighted average price for the 5,500 shares purchased
Price range
$8.39–$8.40 per share
Range of execution prices for the multiple trades comprising the purchase
Holdings after transaction
56,621 shares
Total direct common stock holdings following the reported purchase
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price reported above reflects the weighted average sale price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction code description: Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox is not marked for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did FGBI director Robert W. Walker report?
Robert W. Walker reported a purchase of 5,500 shares of First Guaranty Bancshares, Inc. common stock on 2026-08-13 in an open-market transaction at a weighted average price of $8.40 per share.
Was Robert W. Walker’s FGBI trade under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating a pre-arranged trading plan, so the reported purchase was not affirmed as a 10b5-1 plan transaction.
What does the footnote say about Robert W. Walker’s FGBI trade pricing?
The footnote explains the transaction occurred in multiple trades between $8.39 and $8.40, and that the reported per-share price is a weighted average, with full trade details available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
