Director Walker buys 5,745 FGBI shares at $4.53 amid -63.5% 52-week decline and -$45.0M net loss
Walker Robert W, Director, purchased 5,745 shares at $4.53 on 2025-12-11, increasing his holdings to 51,121 shares (+12.7% from prior level of 45,376 shares). This buy occurs against deteriorating stock fundamentals: the company reported net income of -$45,003,000.00, the stock is down -63.5% from its 52-week high of $13.39, and the current price of $4.89 reflects a -14.5% decline over the past 30 days. Walker's own same-ticker transaction history at FGBI shows a 0% well-timed rate on prior buys—his earlier purchases on 2025-09-11 and 2025-08-28 posted -45.2% and -39.8% 90-day returns respectively—establishing a pattern of poorly-timed entries at this stock. His cross-ticker track record reinforces this pattern: 10 prior open-market buys averaged -25.1% over 90 days with a 0.00% win rate. This purchase appears to follow immediately after another buy on 2025-12-10, suggesting continued accumulation despite deteriorating near-term price action and a long-established pattern of trades that underperform over the measurable period.