First Guaranty Bancshares Director Purchases $250K in Stock

Insider transaction increases director's stake by 10.71%

Apr. 2, 2026 at 8:54pm

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An extreme close-up of intricate, heavy-duty banking equipment and mechanisms, conveying the tangible infrastructure and security of financial institutions.An insider's investment in the machinery powering a regional bank suggests confidence in its future.Hammond Today

First Guaranty Bancshares, Inc. (NASDAQ:FGBI) Director Bruce Mcanally purchased 32,176 shares of the company's stock in a transaction on March 31st. The shares were acquired at an average price of $7.77 per share, for a total transaction value of $250,007.52. Following the purchase, Mcanally now directly owns 332,536 shares of the company's stock, valued at approximately $2,583,804.72.

Why it matters

Insider purchases can signal confidence in a company's prospects and future performance. This transaction represents a 10.71% increase in Mcanally's position, suggesting he believes First Guaranty Bancshares is undervalued and has growth potential.

The details

The purchase was disclosed in a filing with the Securities and Exchange Commission. First Guaranty Bancshares is a financial holding company headquartered in Hammond, Louisiana that provides commercial and retail banking services through its subsidiary, First Guaranty Bank.

  • The transaction occurred on Tuesday, March 31st.

The players

Bruce Mcanally

Director of First Guaranty Bancshares, Inc.

First Guaranty Bancshares, Inc.

A financial holding company headquartered in Hammond, Louisiana that provides commercial and retail banking services through its subsidiary, First Guaranty Bank.

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The takeaway

This insider purchase signals Director Mcanally's confidence in First Guaranty Bancshares' future growth prospects, which could be a positive sign for investors considering the stock.