Company: FGBI
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001408534-25-000019
Chunk: 21

Company: First Guaranty Bancshares, Inc.
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 21
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 2024.

The following table presents, as of December 31, 2024, information about shares of First Guaranty common stock issuable pursuant to the Bonus Plan:

| Equity Compensation Plan Information                       |     | Number of securities to be issued upon exercise of outstanding options, warrants and rights |        |     | Weighted-average exercise price of outstanding options, warrants and rights |       |     | Number of securities remaining available for future issuance under equity compensation plans |       |
|:-----------------------------------------------------------|:----|:--------------------------------------------------------------------------------------------|-------:|:----|:----------------------------------------------------------------------------|------:|:----|:---------------------------------------------------------------------------------------------|------:|
| Equity compensation plans approved by security holders     |     |                                                                                             | 29,293 |     | $                                                                           | 11.38 |     |                                                                                              | 6,366 |
| Equity compensation plans not approved by security holders |     |                                                                                             |      — |     |                                                                             |     — |     |                                                                                              |     — |
| Total                                                      |     |                                                                                             | 29,293 |     | $                                                                           | 11.38 |     |                                                                                              | 6,366 |

401(k) Plan. First Guaranty Bank has adopted the First Guaranty Bank Savings Plan (the "401(k) Plan"), which is a qualified, tax-exempt profit sharing plan with a "cash or deferred" feature that is tax-qualified under Section 401(k) of the Internal Revenue Code. All employees who have attained age 21 with one year of service are eligible to participate in the 401(k) Plan.

Participants may elect to defer a percentage of their compensation each year instead of receiving that amount in cash, to the 401(k) Plan, provided that the amount deferred does not exceed $23,000 for 2024. For these purposes, "compensation" includes total compensation (including salary reduction contributions made under the 401(k) Plan), but does not include compensation in excess of $345,000 for 2024. In addition, First Guaranty Bank makes a discretionary matching contribution to the 401(k) Plan that is determined by First Guaranty Bank. The discretionary contribution is allocated among the participants' accounts on the basis of each participant's annual elective deferral contributions to the 401(k) Plan. In addition, for participants who are age 50 or older by the end of any taxable year, the participant may elect to defer additional amounts (called "catch-up contributions") to the