# EDGAR Filing Document

**Accession Number:** 0001706182
**File Stem:** 0001193125-25-228594
**Filing Date:** 2025-10
**Character Count:** 7739
**Document Hash:** 6e1bffc652e393acfe0c6954686400e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-228594.hdr.sgml**: 20251002

**ACCESSION NUMBER**: 0001193125-25-228594

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251001

**FILED AS OF DATE**: 20251002

**DATE AS OF CHANGE**: 20251002

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Lower Harold E. II
- **CENTRAL INDEX KEY:** 0001706182

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38087
- **FILM NUMBER:** 251370372

**MAIL ADDRESS:**
- **STREET 1:** 201 SOUTH JEFFERSON AVENUE
- **CITY:** MOUNT PLEASANT
- **STATE:** TX
- **ZIP:** 75455
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUARANTY BANCSHARES INC /TX/
- **CENTRAL INDEX KEY:** 0001058867
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 751656431
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 201 SOUTH JEFFERSON AVENUE
- **CITY:** MOUNT PLEASANT
- **STATE:** TX
- **ZIP:** 75455
- **BUSINESS PHONE:** 9035729881

**MAIL ADDRESS:**
- **STREET 1:** 201 SOUTH JEFFERSON AVENUE
- **CITY:** MOUNT PLEASANT
- **STATE:** TX
- **ZIP:** 75455

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[x] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Lower Harold E. II<br><sub>(Last) (First) (Middle)</sub><br>C/O GUARANTY BANCSHARES, INC.<br>201 SOUTH JEFFERSON AVE<br><sub>(Street)</sub><br>MOUNT PLEASANT, TX 75455<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-10-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP - Guaranty Bank & Trust_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>GUARANTY BANCSHARES INC /TX/ [ GNTY ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-10-01 |  | D |  | 11809 | D | <sup>(1)</sup> | 0 | D |  |
| Common Stock | 2025-10-01 |  | D |  | 30779 | D | <sup>(2)</sup> | 0 | I | By Reporting Owner IRA |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (right to buy) | 27.47<sup>(3)</sup> | 2025-10-01 |  | D |  |  | 5229<sup>(3)</sup> | <sup>(4)</sup> | 2029-04-30 | Common Stock | 5229 | <sup>(4)</sup> | 0 | D |  |
| Stock Option (right to buy) | 23.47<sup>(3)</sup> | 2025-10-01 |  | D |  |  | 1380<sup>(3)</sup> | <sup>(5)</sup> | 2027-06-01 | Common Stock | 1320 | <sup>(5)</sup> | 0 | D |  |
| Stock Option (right to buy) | 27.60<sup>(3)</sup> | 2025-10-01 |  | D |  |  | 3137<sup>(3)</sup> | <sup>(6)</sup> | 2033-08-31 | Common Stock | 3000 | <sup>(6)</sup> | 0 | D |  |

---

### Footnotes:

(1) Disposed of pursuant to the Plan and Agreement of Merger, dated as of June 24, 2025, by and among, Guaranty Bancshares, Inc., Guaranty Bank & Trust, N.A., Glacier Bancorp, Inc. ("Glacier"), and Glacier Bank (the "Merger Agreement") in exchange for 11,809 shares of Glacier common stock having a market value of $48.75 per share on the effective date of the merger.

(2) Disposed of pursuant to the Merger Agreement in exchange for 30,779 shares of Glacier common stock having a market value of $48.75 per share on the effective date of the merger.

(3) Adjusted to reflect the payment by Guaranty Bancshares, Inc. on September 23, 2025 of a special cash dividend on its common stock in the amount of $2.30 per share of common stock.

(4) This option, which provided for vesting in five equal annual installments beginning April 30, 2024, became fully vested in connection with the merger and was assumed by Glacier in the merger and replaced with an option to purchase 5,229 shares of Glacier common stock for $27.47 per share.

(5) This option, which provided for vesting in five equal annual installments beginning June 1, 2017, was assumed by Glacier in the merger and replaced with an option to purchase 1,380 shares of Glacier common stock for $23.47 per share.

(6) This option, which provided for vesting in five equal annual installments beginning August 31, 2023, became fully vested in connection with the merger and was assumed by Glacier in the merger and replaced with an option to purchase 3,137 shares of Glacier common stock for $27.60 per share.

**Signature:** /s/ Shalene A. Jacobson, as attorney-in-fact  
**Date:** 2025-10-02

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**