Randall Allen Roewe, Executive Vice President and Chief Risk Officer of First Financial Bankshares Inc (NASDAQ:FFIN), filed a Form 4 on August 18, 2026, disclosing multiple transactions in common stock and derivative securities dated August 14 and August 16, 2026.

Key Highlights

  • RSU grant: Roewe acquired 1,984 restricted stock units on August 14, 2026, at $0, vesting in three approximately equal installments on each of the three anniversaries of the grant date.
  • Stock option grant: Roewe received employee stock options to purchase 3,684 shares of common stock at an exercise price of $35.28, exercisable through August 14, 2036, vesting 33.33% after year one, 66.66% after year two, and 100% after year three.
  • SERP deferrals: On August 14, 2026, 1,100 vested RSUs were converted into 1,100 deferred stock units under the company's Supplemental Executive Retirement Plan (SERP); on August 16, 2026, an additional 564 vested RSUs were similarly converted into 564 deferred stock units.
  • Resulting direct ownership: Following all reported transactions, Roewe directly holds 33,635 shares of common stock.
  • Total SERP deferred units: Roewe's deferred stock unit holdings under the SERP increased to 7,960 units following the August 16 conversion.

Roewe's Transactions: Grants, Vestings, and SERP Deferrals at First Financial Bankshares

According to the filing, Roewe's transactions span two dates. On August 14, 2026, he acquired 1,984 restricted stock units at no cost, which the filing states will vest in three approximately equal installments on each of the three anniversaries of the grant date. On the same date, he received options to purchase 3,684 shares of common stock at $35.28 per share, expiring August 14, 2036. The options vest 33.33% after one year, 66.66% after the second year, and 100% after the third year.

Also on August 14, 2026, 1,100 previously granted RSUs vested. The filing discloses that Roewe deferred receipt of the corresponding shares, instead receiving 1,100 deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, "as amended and restated effected July 26, 2022." The filing notes these deferred stock units "are payable upon the reporting person's termination." A parallel transaction occurred on August 16, 2026, when 564 vested RSUs were similarly exchanged for 564 deferred stock units under the same SERP, bringing total SERP holdings to 7,960 deferred stock units.

The filing was signed by Michelle S. Hickox as attorney in fact for Randall Allen Roewe and filed on August 18, 2026. As a result of all reported transactions, Roewe's direct beneficial ownership of common stock stands at 33,635 shares, down from 35,299 following the RSU grant, reflecting the two SERP deferral dispositions of 1,100 and 564 shares respectively.

What Was Disclosed

The Form 4 covers an RSU grant, an employee stock option grant, and two separate conversions of vested RSUs into deferred stock units under the SERP, all occurring between August 14 and August 16, 2026, with Roewe's direct common stock ownership settling at 33,635 shares.