Smith Edgar R. III bought FGBI
March 31, 2026 · Form 4 insider transaction
Smith Edgar R. III bought 138,083 shares of First Guaranty Bancshares, Inc. at $7.77 per share, a transaction worth $1.07M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Includes 105,907 shares of common stock issued to the reporting person pursuant to the terms of the Second Amendment to the Promissory Note, dated as of March 20, 2026, by and between First Guaranty Bancshares, Inc. and Smith & Tate Investments, L.L.C. (the "Second Promissory Note Amendment") and the Second Amendment to the First Guaranty Bancshares, Inc. Floating Rate Subordinated Note due March 28, 2034, dated as of March 20, 2026, by and between First Guaranty Bancshares, Inc. and Smith & Tate Investments, L.L.C. (the "Second Subordinated Note Amendment"). The Second Promissory Note Amendment and the Second Subordinated Note Amendment were filed as Exhibit 10.1 and Exhibit 10.2 to the Form 8-K filed by First Guaranty Bancshares, Inc. with the SEC on March 20, 2026.; The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.