[Form 4] First Guaranty Bancshares, Inc. 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock Insider Trading Activity

Rhea-AI Filing Summary

Robert W. Walker, a director of First Guaranty Bancshares, Inc. (FGBI), reported three non-derivative purchases of the issuer's common stock in August 2025. On 08/07/2025 he acquired 700 shares at an average price of $8.06. On 08/08/2025 he acquired 232 shares at $8.07. On 08/25/2025 he acquired 4,700 shares at a weighted average price of $7.84, executed in multiple trades priced between $7.83 and $7.84. Following these reported transactions, Mr. Walker beneficially owned 23,632 shares of common stock. The Form 4 is signed and dated 08/27/2025. The filing lists the reporting person's address in Hammond, LA, and indicates the filer is a director filing individually.

Insights

Financial Analyst

TL;DR: Director purchases a total of 5,632 shares in August 2025, ending with 23,632 shares beneficially owned.

The reported transactions are outright purchases of common stock across three dates: 08/07/2025 (700 shares at $8.06), 08/08/2025 (232 shares at $8.07) and 08/25/2025 (4,700 shares at a weighted average $7.84). The 08/25 trade notes execution across multiple trades priced $7.83–$7.84. These non-derivative acquisitions increase the director's direct stake to 23,632 shares. The size and pricing are explicitly disclosed; the filing does not provide context such as prior holdings before these trades, total outstanding shares, or any trading plan reference.

Corporate Governance Expert

TL;DR: A director reported multiple open-market purchases in August 2025 and filed Form 4 on 08/27/2025.

The Form 4 identifies the reporting person as a director and shows individual (direct) beneficial ownership changes from acquisitions on three dates. The filing includes the required disclosure language and a signature dated 08/27/2025. It notes the weighted average price disclosure for the 08/25 trade and the offer to provide trade-level details upon request. No indication of a Rule 10b5-1 plan, amendment, or joint filing is present in the form, and no derivative or sale transactions are reported.

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^*

WALKER ROBERT W

(Last) (First) (Middle)

400 EAST THOMAS STREET

(Street)

HAMMOND LA 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)
08/07/2025

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)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	08/07/2025		L		700	A	$8.06	18,700	D
COMMON STOCK	08/08/2025		L		232	A	$8.07	18,932	D
COMMON STOCK	08/25/2025		P		4,700	A	$7.84(1)	23,632	D

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. This transaction was executed in multiple trades at prices ranging from $7.83 to $7.84. 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/ Robert W. Walker	08/27/2025
	** 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.

FAQ

What transactions did Robert W. Walker report on the Form 4 for FGBI?

He reported three purchases: 700 shares on 08/07/2025 at $8.06, 232 shares on 08/08/2025 at $8.07, and 4,700 shares on 08/25/2025 at a weighted average $7.84.

How many shares does the reporting person beneficially own after the reported transactions?

Following the reported transactions, the Form 4 shows 23,632 shares beneficially owned.

When was the Form 4 signed and filed for these FGBI transactions?

The Form 4 is signed by Robert W. Walker and dated 08/27/2025.

Did the filing disclose execution details for the 08/25/2025 trade?

Yes. The filing states the 08/25/2025 transaction was executed in multiple trades at prices ranging from $7.83 to $7.84 and reports a weighted average price of $7.84.

Is the reporting person filing individually or jointly for these FGBI trades?

The form indicates the transaction was filed by one reporting person (individual filing).