Company: FGBI
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001408534-25-000019
Chunk: 9

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 9
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 has shared voting and investment power. Also includes 49,909 shares owned by minor grandchildren for which Mr. Reynolds acts as custodian and for which voting power is shared with the parents of the minors. 1,478,755 shares are pledged as collateral for a loan.

(2) For further details on the ownership of First Guaranty stock by William H. Hood and Edgar R. Smith III, please see the table under "Security Ownership of Directors, Nominees, and Executive Officers."

(3) Mr. Douglas V. Reynolds’ shares include 548,501 owned personally and over which he has sole voting and investment power, 80,389 shares owned by Reynolds Capital Partners, LP, 49,806 shares owned by the M. T. Reynolds Irrevocable Trust, for which Mr. Douglas V. Reynolds is a trustee and has shared voting and investment power, and 28,088 shares owned by Mr. Douglas V. Reynolds' minor children for which Mr. Marshall T. Reynolds acts as custodian, but the minor children live in the home with Mr. Douglas V. Reynolds, their father.

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Security Ownership of Directors, Nominees, and Executive Officers

The following table sets forth certain information concerning the beneficial ownership of First Guaranty's outstanding common stock by each director who is also a nominee for director and executive officer of First Guaranty and by all directors and executive officers of First Guaranty as a group as of March 24, 2025. Each director and executive officer 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 Exchange Act, each person listed below disclaims beneficial ownership of all shares owned by his or her spouse, a trust or a business entity with which he or she is affiliated, or of which he or she acts as custodian.

|                                             |     |                                                  |     |   Amount of Common 
 Stock Beneficially 
              Owned |     |         |
| Name                                        |     | Title                                            |     |             Shares |     | Percent |
| Marshall T. Reynolds(1)                     |     | Chairman of the Board of Directors               |     |          1,993,290 |     | 15.9%   |
| William K. Hood(2)                          |     | Director                                         |     |          2,392,762 |     | 19.1