REYNOLDS MARSHALL T 4

What Happened

• Marshall T. Reynolds, reported as a 10% owner of First Guaranty Bancshares, Inc. (FGBI), purchased 32,176 shares on 2026-03-31 at $7.77 per share for a total of $250,008. This was a purchase (insider buy), which some investors view as a bullish sign, though no motive is stated.

Key Details

• Transaction date and price: 2026-03-31; 32,176 shares at $7.77 per share; total ≈ $250,008.
• Transaction type/code: P — open-market or private purchase (reported as an acquisition).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date/timeliness: Form 4 filed 2026-04-02 (appears to be filed within the required two-business-day window).
• Notable footnote: F1 — the reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Context

• As a reported 10% owner, Reynolds is a significant shareholder; such purchases reflect his personal stake but are not the same as executive trading tied to company employment. The filing does not provide further detail on intent or any related trading plan.