Guaranty Bancshares CFO Acquires 5,500 Shares via Option Exercise

Rhea-AI Filing Summary

Guaranty Bancshares, Inc. (GNTY) insider Shalene A. Jacobson, SEVP & Chief Financial Officer, reported an option exercise and share acquisition on 08/22/2025. Jacobson exercised stock options to acquire 5,500 shares at an exercise price of $23.03 per share, with those options having a stated exercise/strike price of $23.03 and an expiration date of 05/20/2030. Following the transaction, Jacobson directly beneficially owns 23,622 shares and indirectly beneficially owns an additional 3,917 shares through the issuer KSOP. The filing notes the options vest ratably over five years from the grant date. The Form 4 was signed on 08/29/2025.

Positive

• Insider increased direct ownership by acquiring 5,500 shares via option exercise, raising direct beneficial holdings to 23,622 shares.
• Disclosure is complete and signed, showing compliance with Section 16 reporting requirements and clarity on indirect holdings through the KSOP.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider exercised options to acquire 5,500 shares at $23.03; ownership increased but transaction appears routine, not transformational.

The CFO's exercise of 5,500 options at a $23.03 strike is a cashless or funded purchase event that increases her direct stake to 23,622 shares, with an additional 3,917 shares held indirectly via the KSOP. The exercise price equals the stated option price, and the underlying options expire in 2030. This is a common method for insiders to convert option holdings into equity; it modestly raises insider alignment with shareholders but does not by itself indicate material change to company capital structure or liquidity.

Corporate Governance Expert

TL;DR: Routine insider option exercise consistent with standard vesting schedule; disclosure meets Section 16 requirements.

The Form 4 discloses the exercise and resulting beneficial ownership, including indirect holdings via the KSOP and a five-year ratable vesting schedule for options. Documentation appears complete for a single reporting person filing. From a governance perspective, the filing demonstrates compliance with reporting obligations and transparency about executive equity holdings; there are no red flags such as unexplained transfers or outsized, immediate dilution events.

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^*

Jacobson Shalene A.

(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 Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		M		5,500	A	$23.03	23,622	D
Common Stock								3,917	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)	$23.03	08/22/2025		M			5,500	(1)	05/20/2030	Common Stock	5,500	$23.03	0	D

Explanation of Responses:

1. Options vest ratably in annual installments over a period of five (5) years from the grant date.

	Shalene A. Jacobson	08/29/2025
	** 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 did GNTY insider Shalene Jacobson do on 08/22/2025?

She exercised stock options to acquire 5,500 shares at an exercise price of $23.03 per share.

How many GNTY shares does Shalene Jacobson beneficially own after the transaction?

She beneficially owns 23,622 shares directly and an additional 3,917 shares indirectly through the KSOP.

What is the expiration date of the exercised options reported on the Form 4?

The options underlying the exercise have an expiration date of 05/20/2030.

What vesting schedule is disclosed for the options?

The filing states the options vest ratably in annual installments over five years from the grant date.

Who filed the Form 4 for GNTY and when was it signed?

The Form 4 was filed by Shalene A. Jacobson and signed on 08/29/2025.