First Financial (FFIN) Insider Amends Form 4 for RSUs and Options

Rhea-AI Filing Summary

Brian D. Goodrich, EVP - General Counsel of First Financial Bankshares Inc (FFIN), filed an amended Form 4 correcting equity awards granted on 08/14/2025. The amendment reports a grant of 1,354 restricted stock units (RSUs) that vest in three approximately equal annual installments and an award of 4,548 employee stock options with an exercise price of $36.43 and an expiration date of 08/14/2035. The reporting person elected to have the company withhold 111 shares to satisfy tax withholding on RSU vesting. The amendment states the original Form 4 overstated the total securities beneficially owned and corrects the number of RSUs and options; otherwise no other changes were made.

Positive

• Amended filing corrects previously reported award quantities, improving disclosure accuracy
• Grant details provided: 1,354 RSUs with three‑year vesting and 4,548 options exercisable through 08/14/2035 at $36.43
• Tax withholding executed: 111 shares were withheld to satisfy income tax on RSU vesting

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine executive equity grants were corrected on an amended Form 4; disclosure fixes improve transparency.

The filing shows an amended disclosure for equity grants to an executive officer, clarifying the number of RSUs and stock options awarded on 08/14/2025 and correcting the previously reported beneficial ownership totals. Vesting schedules for both RSUs and options are disclosed, and tax withholding of 111 shares was executed. From a governance perspective, timely correction of insider filings is important for regulatory compliance and market transparency; the amendment indicates the company and reporting person are addressing a reporting error.

Compensation Analyst

TL;DR: The report documents a standard mix of time‑based RSUs and long‑dated options with explicit vesting and exercise terms.

The awards consist of 1,354 RSUs vesting in three roughly equal annual tranches and 4,548 options exercisable through 08/14/2035 at an exercise price of $36.43. The filing confirms share withholding of 111 shares for tax obligations related to RSU vesting. These are conventional long‑term incentive structures; the amendment corrects grant quantities and resulting beneficial ownership counts but does not change grant terms or vesting mechanics presented.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Goodrich Brian D.

(Last) (First) (Middle)

P.O. BOX 701

(Street)

ABILENE TX 79604

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST FINANCIAL BANKSHARES INC [ FFIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/18/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/14/2025		A		1,354(1)	A	$0	2,712	D
Common Stock	08/14/2025		F		111(2)	D	$36.43	2,601	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option, Right to Buy	$36.43	08/14/2025		A		4,548		(3)	08/14/2035	Common Stock	4,548	$36.43	4,548	D

Explanation of Responses:

1. Reflects grant of restricted stock units (RSUs) which vest in three approximately equal installments on each of the three anniversaries of the grant date.

2. The reporting person elected, in accordance with the Registrant's 2021 Omnibus Stock and Incentive Plan, to exercise his right to have the Registrant withhold 111 shares of the Registrant's common stock to pay income taxes related to vesting of previously granted restricted stock units.

3. The options vest 33.33% after one year from the grant date, 66.66% after the second year, and 100% after the third year.

Remarks:

This Form 4/A is being filed to correct the original Form 4 filed on August 18, 2025 ("Original Form 4") to correct the number of restricted stock units and employee stock options granted on August 14, 2025 and the resulting number of derivative securities beneficially owned by the reporting person following the reported transaction. The number of shares withheld for income taxes as reported in the Original Form 4 was correct; however, the total amount of securities beneficially owned was incorrect due to the correction to the number of shares granted. No other changes have been made to the Original Form 4.

	Michelle S. Hickox Attorney in Fact for Brian D. Goodrich	08/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the amended Form 4 for FFIN report?

The amendment corrects the number of equity awards granted to Brian D. Goodrich on 08/14/2025, specifically 1,354 RSUs and 4,548 stock options, and adjusts the beneficial ownership totals accordingly.

How do the RSUs awarded to the FFIN executive vest?

The RSUs vest in three approximately equal installments on each of the three anniversaries of the grant date.

What are the terms of the stock options reported in the FFIN Form 4/A?

The employee stock options cover 4,548 shares, have an exercise price of $36.43, and expire on 08/14/2035.

Did the reporting person sell or acquire shares for tax withholding?

The reporting person elected withholding: 111 shares of common stock were withheld to pay income taxes related to RSU vesting.

Who is the reporting person on the FFIN Form 4/A?

The reporting person is Brian D. Goodrich, identified as a Director and EVP - General Counsel of First Financial Bankshares Inc (FFIN).