Form 4: First Financial Bankshares Inc. Executive Randall Allen Roewe Reports Changes in Beneficial Ownership

Randall Allen Roewe, Chief Risk Officer of First Financial Bankshares Inc., reports the vesting and subsequent deferral of performance stock units into deferred stock units.

Summary

• On March 21, 2025, Randall Allen Roewe, Chief Risk Officer of First Financial Bankshares Inc., reported changes in beneficial ownership.
• Mr. Roewe vested 1,237 shares of common stock upon the vesting of outstanding performance stock units.
• These shares were subject to performance criteria other than the issuer's stock price.
• In connection with the vesting, Mr. Roewe's receipt of the 1,237 shares was deferred, resulting in the receipt of 1,237 deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan (SERP).
• Mr. Roewe is reporting the disposition of 1,237 performance stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon his termination of employment.
• Following these transactions, Mr. Roewe directly owns 31,435 shares of common stock and 2,352 deferred stock units.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Future Outlook

The deferred stock units are payable upon Mr. Roewe's termination of employment.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in the financial services industry.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it relates to executive compensation and ownership structure.

Key Dates

Keywords

beneficial ownership, Form 4, Randall Allen Roewe, First Financial Bankshares Inc., FFIN, deferred stock units, performance stock units, SERP, Chief Risk Officer, vesting