Roewe Randall Allen 4

4 · FIRST FINANCIAL BANKSHARES INC · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

First Financial (FFIN) CRO Roewe Defers 2,539 Shares

What Happened

Roewe Randall Allen, Chief Risk Officer of First Financial Bankshares, Inc. (FFIN), had 2,539 performance stock units vest on March 13, 2026. Instead of receiving common shares for those vested PSUs, he received an equal number (2,539) of deferred stock units under the company’s Supplemental Executive Retirement Plan (SERP). The Form 4 shows an award/acquisition entry and a corresponding disposition-to-issuer entry reflecting the exchange; no cash price or market sale was reported (price = N/A).

Key Details

Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (filed within the required reporting window).
Shares/units involved: 2,539 performance stock units vested and were converted into 2,539 deferred stock units.
Price/Value: Not disclosed (N/A) in the filing.
Shares owned after transaction: Not specified in the filing.
Transaction codes on the Form 4: A = award/grant/acquisition; D = disposition to issuer (used here to record the exchange to deferred units).
Footnotes: F1 clarifies these were performance stock units (PSUs) that vested based on performance metrics (not share price). F2 explains the vested PSUs were deferred into the SERP and are payable upon termination of employment.

Context

This was not an open-market purchase or sale and did not generate cash proceeds—it's an internal deferral of vested equity into the company retirement plan. Such deferrals are common for executive compensation planning and do not necessarily indicate a buy/sell signal.

Form 4

Period: 2026-03-13

Chief Risk Officer

Transactions

Award
Common Stock
[F1]
2026-03-13+2,539→ 35,854 total
Disposition to Issuer
Common Stock
[F2]
2026-03-13−2,539→ 33,315 total
Award
Deferred Stock Units
[F2]
2026-03-13+2,539→ 6,296 total
→ Common Stock (2,539 underlying)

Footnotes (2)

[F1]Represents shares of common stock issued upon the vesting of outstanding performance stock units that were subject to performance criteria other than the issuer's stock price.
[F2]In connection with the vesting of performance stock units previously granted on August 16, 2023, Mr. Roewe's receipt of 2,539 shares of common stock was deferred resulting in Mr. Roewe's receipt instead of 2,539 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Roewe is therefore reporting the disposition of 2,539 performance stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Roewe's termination of employment.

Signature

By: Michelle S. Hickox Attorney in Fact for Randall Allen Roewe|2026-03-17

1 file