Form 4: Guaranty Bancshares EVP Lisa Gallerano Reports Stock Option Exercise and Share Disposals
SEC Form 4 Filing
Lisa Gallerano, EVP and General Counsel of Guaranty Bancshares, reports exercising stock options and disposing of shares to cover the exercise cost.
Summary
- On February 20, 2025, Lisa Gallerano, EVP and General Counsel of Guaranty Bancshares, exercised stock options to acquire 6,000 shares of common stock at a price of $33.50 per share.
- Following the exercise, Gallerano disposed of 5,248 shares to cover the cost, at a price of $41.50.
- After these transactions, Gallerano directly owns 1,422 shares and indirectly owns 300 shares through the Issuer KSOP.
- She also holds options for 4,000 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding shares of Guaranty Bancshares.
Key Dates
| Date | Description |
|---|---|
| 09/07/2021 | Grant date of the stock options, which vest ratably over five years. |
| 02/20/2025 | Date of the stock option exercise and share disposal. |
| 02/21/2025 | Date of signature for the report. |
| 09/07/2031 | Expiration date of the stock options. |
Keywords
Guaranty Bancshares, GNTY, Lisa Gallerano, Stock Options, Form 4, Beneficial Ownership, SEC Filing
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