Nickles Robert Clark Jr 4
Research Summary
AI-generated summary
First Financial (FFIN) Director Robert Clark Nickles Jr Receives Restricted Award
What Happened
Robert Clark Nickles Jr, a director of First Financial Bankshares, Inc. (FFIN), was granted 2,142 restricted shares on April 28, 2026. The Form 4 reports the acquisition price as $0.00 — this is a compensation award (restricted stock), not an open-market purchase or sale. The grant vests in a single installment on April 27, 2027.
Key Details
- Transaction date: April 28, 2026; Form 4 filed April 30, 2026 (timely within the usual two-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,142; reported acquisition price: $0.00.
- Vesting: Single installment on April 27, 2027 (footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Indirect ownership note (F2): Some holdings are owned by an LLC of which the reporting person and spouse are equal beneficial owners.
- No 10b5-1 plan, tax withholding sale, or immediate sale reported.
Context
Restricted stock grants are a form of compensation and typically vest over time; they do not signal an immediate purchase of shares on the open market. The $0.00 acquisition price reflects that this was a compensation award rather than a cash transaction. For investor context, you can convert the grant into an approximate market value by multiplying 2,142 shares by FFIN’s share price on the grant date.