McAnally Bruce 4
Research Summary
AI-generated summary
First Guaranty (FGBI) Director Bruce McAnally Buys 32,176 Shares
What Happened
- Bruce McAnally, a director of First Guaranty Bancshares, Inc. (FGBI), acquired 32,176 shares in an open‑market purchase on March 31, 2026. The shares were bought at $7.77 per share, for a reported aggregate purchase price of $250,008. This was a purchase (code P), which investors often view as a more informative insider action than routine sales.
Key Details
- Transaction date and price: 2026-03-31, 32,176 shares at $7.77 each.
- Total value: $250,008.
- Transaction type/code: Open-market purchase (P).
- Filing date: Form 4 filed 2026-04-02 (filed two days after the transaction).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — All shares held jointly with spouse.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notes were reported in the excerpt provided.
Context
- This was a direct purchase of common stock (not an option exercise or award). Purchases by directors can be read by some investors as a sign of confidence in the company, but filings are factual records and do not state motivations.