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
                                                                                  
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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 *

Baker Richard W.
2. Issuer Name and Ticker or Trading Symbol

GUARANTY BANCSHARES INC /TX/ [ GNTY ]
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)

C/O GUARANTY BANCSHARES, INC., 201 SOUTH JEFFERSON AVE
3. Date of Earliest Transaction (MM/DD/YYYY)

5/9/2022
(Street)

MOUNT PLEASANT, TX 75455
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

5/11/2022 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

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)
Code V Amount (A) or (D) Price
Common Stock 5/9/2022  P  300 (1)A$34.48 544800 D  
Common Stock 5/10/2022  P  1 (1)A$34.50 544801 D  
Common Stock         11000 I By Reporting Person's spouse. 

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) These purchases were made pursuant to a 10b5-1 plan, which contemplates the purchase of up to 100,000 shares of the Issuer's common stock from May 5, 2022 through May 5, 2023, under certain specified conditions.

Remarks:
This amended Form 4 (the "Amended Form 4") is being filed to correct an inadvertent error in the original Form 4 filed on May 11, 2022 (the "Original Form 4"). Under Explanation of Responses #1 in the Original Form 4, the Original Form 4 incorrectly reported that Mr. Baker's 10b5-1 plan contemplated the purchase of "1,000,000" shares, when it should have read "100,000." All reports filed between May 11, 2022 and January 20, 2023 (inclusive) that included the erroneous amount are amended hereby to reflect that the purchase of 100,000 shares was contemplated by the 10b5-1 plan. The purchase of all shares contemplated by the 10b5-1 plan is now complete.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Baker Richard W.
C/O GUARANTY BANCSHARES, INC.
201 SOUTH JEFFERSON AVE
MOUNT PLEASANT, TX 75455
X



Signatures
/s/ Shalene A. Jacobson, as attorney-in-fact1/25/2023
**Signature of Reporting PersonDate


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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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