Home / Auditor changes / First Guaranty Bancshares, Inc.
Filed 2025-06-18 路 Form 8-K 路 Accession 0001408534-25-000048 micro
Price before filing: $7.63 (2025-06-17 close, split/dividend-adjusted)
Market cap at flag: $104.6M (2025-06-18) 路 Latest: $134.2M (2026-10-16)
| Window | FGBI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +12.6% | +5.3% | +7.2% | 2025-07-18 |
| 90 days | +6.4% | +10.8% | -4.4% | 2025-09-16 |
| 180 days | -36.3% | +14.6% | -50.9% | 2025-12-15 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 6 insiders bought $2.1M (10 purchases)
30 days after: 5 insiders bought $1.1M (5 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | Dosch Eric SVP and CFO | Purchase | 100 | $8.47 | $847 | no | Form 4 |
| 2025-03-31 | Hood William K Director | Purchase | 98,460 | $8.47 | $834K | no | Form 4 |
| 2025-03-31 | McAnally Bruce Director | Purchase | 24,615 | $8.47 | $208K | no | Form 4 |
| 2025-03-31 | WALKER ROBERT W Director | Purchase | 6,000 | $8.47 | $51K | no | Form 4 |
| 2025-04-01 | REYNOLDS MARSHALL T Director | Purchase | 8,460 | $8.47 | $72K | no | Form 4 |
| 2025-04-02 | Smith Edgar R. III Director | Purchase | 3,896 | $7.85 | $31K | no | Form 4 |
| 2025-04-02 | Smith Edgar R. III Director | Purchase | 98,460 | $8.47 | $834K | no | Form 4 |
| 2025-04-03 | Smith Edgar R. III Director | Purchase | 1,337 | $7.67 | $10K | no | Form 4 |
| 2025-05-12 | Smith Edgar R. III Director | Purchase | 6,725 | $9.66 | $65K | no | Form 4 |
| 2025-05-20 | WALKER ROBERT W Director | Purchase | 3,000 | $9.12 | $27K | no | Form 4 |
| 2025-06-18: red flag filed | |||||||
| 2025-06-30 | Hood William K Director | Purchase | 30,865 | $8.10 | $250K | no | Form 4 |
| 2025-06-30 | McAnally Bruce Director | Purchase | 30,865 | $8.10 | $250K | no | Form 4 |
| 2025-06-30 | REYNOLDS MARSHALL T Director | Purchase | 30,865 | $8.10 | $250K | no | Form 4 |
| 2025-06-30 | Smith Edgar R. III Director | Purchase | 30,865 | $8.10 | $250K | no | Form 4 |
| 2025-06-30 | WALKER ROBERT W Director | Purchase | 8,000 | $8.10 | $65K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-20 to 2025-07-18. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"("First Guaranty") was informed by Griffith, Delaney, Hillman & Lett, CPAs, PSC ("GDHL") of GDHL's resignation as First Guaranty's independent registered public accounting firm."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: resigned
Disagreements reported: no
New auditor: EisnerAmper LLP
Why this score: auditor resigned; also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.