4Filed Aug 19, 8:00 PM ET
First Financial (FFIN) Director Denny Michael B. Buys 3,000 Shares
$FFIN · FIRST FINANCIAL BANKSHARES INCResearch Summary
AI-generated summary of this SEC filing
First Financial (FFIN) Director Denny Michael B. Buys 3,000 Shares
What Happened
Denny Michael B., a director of First Financial Bankshares, reported an open-market purchase of 3,000 shares on August 18, 2026. The shares were acquired at a weighted-average price of $34.66 per share, for an aggregate purchase amount of $103,980. This was a purchase (code P), which is generally viewed as a more informative/positive signal than routine sales.
Key Details
- Transaction date: August 18, 2026; Form 4 filed August 20, 2026 (reports the Aug 18 trade).
- Price(s): weighted average $34.66; underlying trades ranged $34.65–$34.67 per footnote.
- Shares purchased: 3,000; total consideration ≈ $103,980.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnotes:
- F1: The purchase reflects multiple same-day, same-way open-market buys aggregated using a weighted-average price; the filer will provide per-price breakdown on request.
- F2: The filing also notes indirect ownership interests via a limited partnership (the filer and spouse are beneficial owners of common stock held by that partnership).
- Filing timeliness: Form 4 was filed two days after the transaction date; the filing shows the trade was reported on Aug 20 for the Aug 18 transaction (no late-filing indication in the excerpt).
Context
This was a straightforward open-market purchase (no option exercise, gift, or withholding). Purchases by directors can be interpreted by some investors as a sign of confidence, but filings are factual records and do not state the insider’s motive.