Statement of Changes in Beneficial Ownership (4)

FORM 4 ☐ Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Smith Edgar R. III	2. Issuer Name and Ticker or Trading Symbol First Guaranty Bancshares, Inc. [ FGBI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 400 EAST THOMAS STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 1/6/2022
(Street) HAMMOND, LA 70401	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person
(City) (State) (Zip)	Rule 10b5-1(c) Transaction Indication ☐ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	1/6/2022		P		54	A	$20.18	766833	I	By Smith & Hood Investments, LLC ⁽¹⁾
Common Stock	2/28/2022		P		500	A	$21.40 ⁽²⁾	767333	I	By Smith & Hood Investments, LLC ⁽¹⁾
Common Stock	3/15/2022		P		2600	A	$21.60 ⁽³⁾	769933	I	By Smith & Hood Investments, LLC ⁽¹⁾
Common Stock	4/21/2022		P		10	A	$23.17	769943	I	By Smith & Hood Investments, LLC ⁽¹⁾
Common Stock	12/14/2022		P		500	A	$23.94	770443	I	By Smith & Hood Investments, LLC ⁽¹⁾
Common Stock	2/23/2023		L	V	390	A	$21.87	770833	I	By Smith & Hood Investments, LLC ⁽¹⁾
Common Stock	3/16/2022		P		900	A	$22.39	438183 ⁽⁷⁾	D
Common Stock	4/12/2022		P		600	A	$24 ⁽⁴⁾	438783 ⁽⁷⁾	D
Common Stock	5/4/2022		P		250	A	$25.21	439033 ⁽⁷⁾	D
Common Stock	5/16/2022		P		25	A	$28.75	439058 ⁽⁷⁾	D
Common Stock	6/16/2022		P		15	A	$25.85	439073 ⁽⁷⁾	D
Common Stock	6/17/2022		P		712	A	$25.84 ⁽⁵⁾	439785 ⁽⁷⁾	D
Common Stock	6/24/2022		P		1500	A	$25.30 ⁽⁶⁾	441285 ⁽⁷⁾	D
Common Stock	7/15/2022		P		500	A	$23.81	441785 ⁽⁷⁾	D
Common Stock	8/30/2022		P		1000	A	$22.35	442785 ⁽⁷⁾	D
Common Stock	10/20/2022		P		500	A	$22.37	443285 ⁽⁷⁾	D
Common Stock	6/30/2022		P		200	A	$24.47	200	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	7/1/2022		P		900	A	$24.99	1100	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	7/6/2022		P		1000	A	$24.90	2100	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	7/18/2022		P		1000	A	$24.39	3100	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	8/26/2022		P		1000	A	$23.65	4100	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	8/30/2022		P		1100	A	$22.75	5200	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	9/23/2022		P		1100	A	$21.71	6300	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	1/6/2023		P		37	A	$23.70	6337	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	1/10/2023		P		106	A	$23.70	6443	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	1/11/2023		P		1000	A	$23.70	7443	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock	1/12/2023		L	V	6	A	$23.70	7449	I	By: MACSMITH LLC ⁽⁸⁾
Common Stock								1062817	I	By Smith & Hood Holding Company, LLC ⁽⁸⁾
Common Stock								14063	I	By: Smith-Hoover Holdings, L.L.C. ⁽⁸⁾
Common Stock								77450 ⁽⁹⁾	I	By: Big 4 Investments, LLC ⁽⁸⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
(1)	The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Intervening reports did not reflect these transactions.
(2)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.34 to $21.42. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.
(3)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.40 to $21.63. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.
(4)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.99 to $24.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.
(5)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.65 to $25.84. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.
(6)	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.14 to $25.30. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding these transactions.
(7)	Intervening reports do not reflect these transactions. Includes shares acquired under a dividend reinvestment plan pursuant to Rule 16a-11.
(8)	The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
(9)	Includes shares acquired under a dividend reinvestment plan pursuant to Rule 16a-11.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Smith Edgar R. III 400 EAST THOMAS STREET HAMMOND, LA 70401	X

Signatures
/s/ Edgar R. Smith III		4/4/2023
^**Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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