Company: FGBI
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001408534-25-000019
Chunk: 8

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 8
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y is set forth below.

1 As of March 24, 2025.

2 Includes service as an executive officer of First Guaranty Bank, a wholly owned subsidiary of First Guaranty Bancshares, Inc.

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### OWNERSHIP OF PRINCIPAL SHAREHOLDERS AND MANAGEMENT

#### Principal Shareholders
The following table sets forth certain information regarding the only persons who are known by First Guaranty to own beneficially more than 5% of the outstanding common stock of First Guaranty as of March 24, 2025. Each beneficial owner exercises sole voting and investment power over the shares listed below except as disclosed in the accompanying footnotes. Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each principal shareholder disclaims beneficial ownership of all shares owned by his spouse, a trust or business entity with which he is affiliated, or of which he acts as custodian.

|                                      |     | Amount of Common Stock 
     Beneficially Owned |     |         |
| Name of Beneficial Owner             |     |                 Shares |     | Percent |
| Marshall T. Reynolds(1)              |     |              1,993,290 |     | 15.9%   |
| P O Box 4040                         |     |                        |     |         |
| Huntington, WV  25729                |     |                        |     |         |
| Smith & Hood Holding Company, LLC(2) |     |              1,062,817 |     | 8.5%    |
| 58191 Old US 51                      |     |                        |     |         |
| Amite, LA 70422                      |     |                        |     |         |
| Douglas V. Reynolds(3)               |     |                706,784 |     | 5.7%    |
| P O Box 4040                         |     |                        |     |         |
| Huntington, WV 25729                 |     |                        |     |         |

(1) Mr. Marshall T. Reynolds is Chairman of the Board. Includes 693 shares owned by Purple Cap, LLC, 6,655 shares owned by Champion Leasing Corp., 624 shares owned by The Harrah & Reynolds Corporation, 49,806 shares owned by M. T. Reynolds Irrevocable Trust, over all of which Mr. Reynolds