Michelle S. Hickox - Aug 16, 2024 Form 4 Insider Report for FIRST FINANCIAL BANKSHARES INC (FFIN)

Role: EVP/CFO
Signature: By: Michelle S. Hickox
Stock symbol: FFIN
Transactions as of: Aug 16, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/20/2024, 05:23 PM
Previous filing: Aug 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FFIN	Common Stock	Disposed to Issuer		-1.36K	-5.9%		21.6K	Aug 16, 2024	Direct	F1

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	Deferred Stock Units	Award		+1.36K			1.36K	Aug 16, 2024	Common Stock	1.36K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the vesting on August 16, 2024, of 1,355 restricted stock units previously granted to Mrs. Hickox, Mrs. Hickox's receipt of 1,355 shares of common stock was deferred resulting in Mrs. Hickox's receipt instead of 1,355 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mrs. Hickox is therefore reporting the disposition of 1,355 restricted stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mrs. Hickox's termination of employment.

Content

In connection with the vesting on August 16, 2024, of 1,355 restricted stock units previously granted to Mrs. Hickox, Mrs. Hickox's receipt of 1,355 shares of common stock was deferred resulting in Mrs. Hickox's receipt instead of 1,355 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mrs. Hickox is therefore reporting the disposition of 1,355 restricted stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mrs. Hickox's termination of employment.