Ruzicka John James Jr 4

What Happened

• John James Ruzicka Jr., Executive Vice President & Chief Banking Operations Officer of First Financial Bankshares, reported the vesting of 2,370 performance stock units on March 13, 2026. No cash changed hands — the vested units were converted into 2,370 deferred stock units under the company’s Supplemental Executive Retirement Plan (SERP). The Form 4 shows an award/issuance, a disposition to the issuer, and a derivative grant each for 2,370 units; price per share is not applicable.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filing appears within the typical two-business-day window).
• Reported items: Award/Grant of 2,370 shares, Disposition to issuer of 2,370 performance units, and grant (derivative) of 2,370 deferred stock units. All entries list price as N/A.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: These were performance stock units that were subject to non-price performance criteria.
  • F2: The 2,370 vested shares were deferred into the SERP (received as deferred stock units payable upon termination), reflecting an exchange of performance stock units for deferred units rather than a sale.

Context

• This was not a market purchase or sale — it was a conversion/deferral of vested performance units into retirement-plan deferred units. Such deferrals are common for executives and do not represent an immediate cash transaction or a direct signal to buy/sell the stock.