Form 4: Guaranty Bancshares Director Richard W. Baker Reports Gift of Shares to Trust and Spouse
SEC Form 4 Filing
Director Richard W. Baker reported gifting 40,000 shares of Guaranty Bancshares stock to a trust and another 40,000 shares to his spouse on February 24, 2025.
Summary
- On February 24, 2025, Richard W. Baker, a director of Guaranty Bancshares Inc. (GNTY), reported a transaction involving the gifting of common stock.
- Mr. Baker gifted 40,000 shares to the Richard W. Baker Trust, for which he serves as trustee.
- He also gifted 40,000 shares to his spouse.
- The price per share for both transactions is listed as $0.
- Following these transactions, Mr. Baker indirectly owns 364,000 shares through the Richard W. Baker Trust and 11,000 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment regarding the company's performance or outlook.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a strategic shift for Guaranty Bancshares. It is common for executives and directors to manage their holdings for personal financial planning purposes.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of the stock gift transaction. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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