David W. Bailey - 14 Aug 2025 Form 4 Insider Report for FIRST FINANCIAL BANKSHARES INC (FFIN)

Role
President
Signature
By: Michelle S. Hickox Attorney in Fact for David W. Bailey
Issuer symbol
FFIN
Transactions as of
14 Aug 2025
Net transactions value
+$402,989
Form type
4
Filing time
18 Aug 2025, 15:01:42 UTC
Previous filing
28 Jul 2025
Next filing
19 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bailey David William President P O BOX 701, ABILENE By: Michelle S. Hickox Attorney in Fact for David W. Bailey 18 Aug 2025 0001924083

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIN Common Stock Award $0 +3,294 +21% $0.000000 18,966 14 Aug 2025 Direct F1
transaction FFIN Common Stock Disposed to Issuer -728 -3.8% 18,238 14 Aug 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIN Employee Stock Option, Right to Buy Award $402,989 +11,062 $36.43 11,062 14 Aug 2025 Common Stock 11,062 $36.43 Direct F3
transaction FFIN Deferred Stock Units Award +728 +35% 2,837 14 Aug 2025 Common Stock 728 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects grant of restricted stock units (RSUs) which vest in three approximately equal installments on each of the three anniversaries of the grant date.
F2 In connection with the vesting on August 14, 2025, of 728 restricted stock units previously granted to the reporting person, the reporting person's receipt of 728 shares of common stock was deferred resulting in the reporting person's receipt instead of 728 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effected July 26, 2022 (the "SERP"). The reporting person is therefore reporting the disposition of 728 restricted stock units in exchange for an equal number of deferred stock units under the SERP, which are payable upon the reporting person's termination.
F3 The options vest 33.33% after one year from the grant date, 66.66% after the second year, and 100% after the third year.