{"schema_version":"secwatch.filing_event.v1","accession":"0001408534-25-000051","form_type":"8-K","ticker":"FGBI","cik":"0001408534","company_name":"First Guaranty Bancshares, Inc.","filed_at":"2025-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.911357+00:00","generated_at":"2026-05-18T09:15:49.175307+00:00","sec_items":["3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"First Guaranty Bancshares issues 2.2M common shares in debt-for-equity swap and private placement","bullets":["Issued 1,981,506 shares to director Edgar Ray Smith III in exchange for $15M subordinated note due 2032.","Private placement of 131,460 shares at $8.10/share for general corporate purposes.","Issued 36,060 and 52,422 shares as interest payments on promissory note and subordinated note to Smith & Tate.","All offerings are unregistered, relying on Section 4(2) and Regulation D exemptions."],"urls":{"canonical":"https://secwatch.observer/filing/0001408534-25-000051","json":"https://secwatch.observer/filing/0001408534-25-000051.json","markdown":"https://secwatch.observer/filing/0001408534-25-000051.md","text":"https://secwatch.observer/filing/0001408534-25-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408534/000140853425000051/0001408534-25-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408534/000140853425000051/fgbi-20250630.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:15:49.175307+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}