F. Scott Dueser, Executive Chairman and Director of First Financial Bankshares Inc (NASDAQ:FFIN), filed a Form 4 on August 18, 2026, reporting transactions dated August 14, 2026, including a new restricted stock unit grant and the deferral of vested shares into the company's supplemental executive retirement plan.

Key Highlights

  • RSU Grant: Dueser received a grant of 12,755 restricted stock units on August 14, 2026, at a price of $0, held indirectly by trust, vesting in three approximately equal installments on each of the three anniversaries of the grant date.
  • RSU Vesting and Deferral: 8,875 previously granted restricted stock units vested on August 14, 2026, and were deferred into 8,875 deferred stock units under the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan (SERP), payable upon the reporting person's termination.
  • Trust Holdings: Following the reported transactions, Dueser beneficially owns 506,387 shares of common stock indirectly through trusts of which he is trustee, settlor, and beneficiary.
  • Partnership Holdings: Dueser holds 471,004 shares and 408,310 shares through two separate family limited partnerships in which he serves as manager of the general partner, with partial beneficial ownership disclaimers noted for each.
  • Deferred Stock Unit Balance: Following the deferral, Dueser holds 59,245 deferred stock units directly under the SERP.
  • Filing Agent: The form was signed by Michelle S. Hickox as Attorney in Fact for F. Scott Dueser.

RSU Grant and SERP Deferral Details for F. Scott Dueser at First Financial Bankshares

According to the filing, Dueser received a grant of 12,755 restricted stock units on August 14, 2026, with a transaction code of "A" (acquired) and a price of $0. These RSUs are held indirectly through trusts and will vest in three approximately equal installments on each of the three anniversaries of the grant date. The trusts through which these shares are held are described as trusts of which Mr. Dueser is trustee, settlor, and beneficiary.

Separately, the filing discloses that 8,875 restricted stock units previously granted to Dueser vested on August 14, 2026. Rather than receiving shares of common stock directly, the reporting person deferred receipt, resulting in 8,875 deferred stock units being credited to his account under the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022. According to the filing, these deferred stock units "are payable upon the reporting person's termination." The disposition of the 8,875 RSUs and the corresponding acquisition of 8,875 deferred stock units are each reported as separate line items in the filing.

The filing also discloses Dueser's indirect ownership of common stock through two family limited partnerships, totaling 471,004 and 408,310 shares respectively. For the first partnership, Dueser disclaims beneficial ownership with respect to 353,253 shares, and for the second, he disclaims beneficial ownership with respect to 291,125 shares. The filing states that the report "should not be deemed an admission that Mr. Dueser is the beneficial owner of these shares for purposes of Section 16 or any other purpose."

What Was Disclosed

The Form 4 covers an RSU grant of 12,755 units and the deferral of 8,875 vested RSUs into SERP deferred stock units on August 14, 2026, along with disclosure of Dueser's existing indirect share holdings through trusts and two family limited partnerships.