Form 4: Guaranty Bancshares Director Exercises Stock Options

Kirk L. Lee, a director and President of Guaranty Bancshares, exercised stock options and acquired 6,600 shares of common stock at $21.82 on September 11, 2024.

Summary

• On September 11, 2024, Kirk L. Lee, President and a director of Guaranty Bancshares INC /TX/, exercised stock options.
• This transaction resulted in the acquisition of 6,600 shares of common stock at a price of $21.82 per share.
• Following the transaction, Lee directly owns 122,128 shares of common stock and indirectly owns 119,090 shares through the Issuer KSOP.
• The exercised stock options were granted under the issuer's 2015 Equity Incentive Plan and vest ratably over ten years from the grant date of October 15, 2014.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and directors.

Stakeholder Impact

• The transaction could have a minor impact on shareholders due to the increase in outstanding shares, but it is unlikely to be significant.

Key Dates