Director Marshall T. Reynolds Buys $250,004 of First Guaranty Bancshares Stock
FGBI sits 26% above its 52-week low of $4.31 on light trading volume (0.2× avg).
Summary
A Director at First Guaranty Bancshares, Inc. made a significant open market purchase of company stock, investing over $250,000.
Key Events · Ownership and Investor Activity · FGBI
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Director Stock Purchase
Marshall T. Reynolds, a Director, purchased 46,297 shares of common stock for a total of $250,004 at a price of $5.40 per share.
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Increased Insider Holdings
This transaction increases Mr. Reynolds' total post-transaction holdings (including indirect) to 1,993,821 shares.
Analysis · FGBI · Finance
This open market purchase by Director Marshall T. Reynolds is a notable signal of confidence, especially given the company's micro-cap status. The investment of $250,004 represents a significant commitment from an insider, indicating a belief in the company's future prospects. Such a substantial purchase by a director can be interpreted positively by investors, suggesting that the insider sees value at the current share price.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1668 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FGBI was trading at $5.44 on NASDAQ in the Finance sector, with a market capitalization of approximately $82.6M. The 52-week trading range was $4.31 to $11.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.