McAnally Bruce 4
Research Summary
AI-generated summary
FGBI Director Bruce McAnally Buys 109,051 Shares
What Happened
- Bruce McAnally, a director of First Guaranty Bancshares, Inc. (FGBI), made an open-market purchase of 109,051 shares on April 30, 2026 at $9.17 per share, for a total reported purchase price of $999,998. This was a straight purchase (transaction code P).
Key Details
- Transaction date and price: 2026-04-30 at $9.17 per share.
- Shares purchased: 109,051; total value: $999,998.
- Filing date: 2026-05-04; this is within the Form 4 deadline (filed by the second business day), so the filing appears timely.
- Footnotes: F1 — shares are held jointly with spouse; F2 — the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- Ownership after transaction: not specified in the provided excerpt of the filing.
Context
- This was an open-market buy by a director (not an option exercise, gift, or tax-related withholding). Purchases by insiders are often watched by investors as potentially informative, but filings alone do not explain motivation. The footnotes indicate joint ownership with a spouse and a disclaimer limiting claimed beneficial ownership to pecuniary interest.