Roewe Randall Allen 4

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.