First Financial Bankshares (FFIN) director receives 2,142-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edwards Murray Hamilton reported acquisition or exercise transactions in this Form 4 filing.
First Financial Bankshares director Murray Hamilton Edwards received a grant of 2,142 shares of common stock as a restricted stock award. The grant was made at $0.00 per share and is scheduled to vest in a single installment on April 27, 2027.
Following the grant, Edwards directly holds 204,127 shares of First Financial Bankshares common stock. The filing also lists additional indirect holdings through trusts and a spouse, and notes that Edwards disclaims beneficial ownership of the trust-held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Edwards Murray Hamilton
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,142 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 204,127 shares (Direct, null);
Common Stock — 8,880 shares (Indirect, By Spouse)
Footnotes (1)
- This amount represents a restricted stock grant that vests in a single installment on April 27, 2027. This indirect ownership represents shares owned by trusts in which Mr. Edwards is trustee and Administrator. Mr. Edwards disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Edwards is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
Key Figures
Restricted stock grant: 2,142 shares
Grant price: $0.00 per share
Vesting date: April 27, 2027
+4 more
7 metrics
Restricted stock grant
2,142 shares
Grant of common stock to director on April 28, 2026
Grant price
$0.00 per share
Price for 2,142-share restricted stock award
Vesting date
April 27, 2027
Restricted stock vests in single installment
Direct holdings after grant
204,127 shares
Common stock directly held by Edwards after transaction
Indirect trust holdings (1)
19,480 shares
Common stock held by related trust; beneficial ownership disclaimed
Indirect trust holdings (2)
43,634 shares
Additional common stock held by trust; beneficial ownership disclaimed
Indirect spouse holdings
8,880 shares
Common stock held by spouse as indirect ownership
Key Terms
restricted stock grant, vests in a single installment, indirect ownership, beneficial ownership, +1 more
5 terms
restricted stock grant financial
"This amount represents a restricted stock grant that vests in a single installment on April 27, 2027."
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
vests in a single installment financial
"represents a restricted stock grant that vests in a single installment on April 27, 2027."
indirect ownership financial
"This indirect ownership represents shares owned by trusts in which Mr. Edwards is trustee and Administrator."
beneficial ownership financial
"Mr. Edwards disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Edwards is the beneficial owner"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
trusts financial
"shares owned by trusts in which Mr. Edwards is trustee and Administrator."
A trust is a legal arrangement where one party (the trustee) holds and manages assets—like cash, stocks, property, or a pool of investments—on behalf of others (the beneficiaries). For investors it matters because trusts can package assets into a single, managed vehicle that may offer professional oversight, specific tax or estate benefits, and tradeable shares or units that change how you access, control, and receive income from those assets; think of it as a secure box managed for your financial benefit.
FAQ
When does Murray Hamilton Edwards’ new restricted stock grant in FFIN vest?
The 2,142-share restricted stock grant to Murray Hamilton Edwards vests in a single installment on April 27, 2027. Until that vesting date, the shares remain subject to restrictions typically tied to continued service or other conditions described in the company’s equity plans.