[Form 4] Guaranty Bancshares, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Guaranty Bancshares insider transactions: William Travis Brown, Senior EVP & Chief Lending Officer, exercised stock options to acquire 8,500 shares at an exercise price of $27.87 per share on 08/14/2025 and immediately sold 8,500 shares the same day at a weighted average sale price of $45.86 per share. Following the transactions, the reporting person directly beneficially owned 1,321 shares and indirectly beneficially owned 6,733 shares through the issuer KSOP; the stock options leave him with 2,500 exercisable options underlying 11,000 shares. The sale was executed in multiple trades at prices ranging $45.85–$46.45.

Insights

Securities Analyst

TL;DR: Officer exercised options and sold the same number of shares, realizing the spread between $27.87 exercise and ~$45.86 sale price; impact appears routine.

Brown exercised 8,500 options at $27.87 and sold 8,500 shares at a weighted average of $45.86 on 08/14/2025. The transactions generated a material per-share spread but did not change indirect KSOP holdings. For investors, this is a common liquidity event by an executive using vested options. The filing discloses the weighted-average sale price range and remaining exercisable options (2,500) tied to 11,000 underlying shares, providing clear disclosure of post-transaction ownership.

Corporate Governance Expert

TL;DR: The insider sale followed option exercise; disclosure appears complete and timely with explanation of trade prices and vesting schedule.

The Form 4 shows the reporting person used stock options granted 08/22/2017 (vesting ratably over ten years) to acquire shares and sold them the same day. The form includes an explanation of the sale price range and commits to provide full trade details on request. Post-transaction direct and indirect ownership levels are reported, and the filing is signed by an attorney-in-fact, indicating procedural compliance.

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

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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^*

Brown William Travis

(Last) (First) (Middle)

C/O GUARANTY BANCSHARES, INC.

201 SOUTH JEFFERSON AVE.

(Street)

MOUNT PLEASANT TX 75455

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GUARANTY BANCSHARES INC /TX/ [ GNTY ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEVP - Chief Lending Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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	08/14/2025		M		8,500	A	$27.87	9,821	D
Common Stock	08/14/2025		S		8,500	D	$45.86(1)	1,321	D
Common Stock								6,733	I	By Issuer KSOP

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
Stock Option (right to buy)	$27.87	08/14/2025		M			8,500	(2)	08/22/2027	Common Stock	11,000	$27.87	2,500	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $45.85 to $46.45. 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

2. Options vest ratably in annual installments over a period of ten (10) years from the grant date, 8/22/2017.

	/s/ Shalene A. Jacobson, as attorney-in-fact	08/15/2025
	** 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 William Travis Brown report in the GNTY Form 4?

He exercised 8,500 stock options at an exercise price of $27.87 and sold 8,500 shares on 08/14/2025 at a weighted average sale price of $45.86.

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

After the transactions he directly beneficially owned 1,321 shares and indirectly owned 6,733 shares through the issuer KSOP.

Were the sale prices disclosed in the Form 4?

Yes. The filing reports a weighted-average sale price of $45.86 and notes the trades occurred in multiple trades at prices ranging from $45.85 to $46.45.

What is the status of the related options after the transaction?

The Form 4 reports 2,500 exercisable options remaining that underlie 11,000 shares, with options originally granted on 08/22/2017 and vesting ratably over ten years.

Who filed the Form 4 on behalf of the reporting person?

The filing is signed and dated by Shalene A. Jacobson, as attorney-in-fact on 08/15/2025.