First Financial director buys 3,000 shares at $34.66
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
FIRST FINANCIAL BANKSHARES INC (FFIN) insider and director Michael B. Denny reported an open-market purchase of 3,000 shares of common stock on August 18, 2026 at a weighted average price of $34.66 per share through an IRA, bringing his IRA’s indirect holdings to 6,500 shares. The trade was executed as multiple same-day open market purchases in a price range of $34.65–$34.67 and reported in aggregate. Denny also reports separate indirect ownership of 107,350 shares held by a limited partnership in which he and his spouse are beneficial owners.
Insider Trade Summary
Net Buyer: 3,000 shares
Net Buy
2 txns
Insider
Denny Michael B.
Role
Director
Bought
3,000 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 3,000 | $34.66 | $104K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,500 shares (Indirect, By IRA);
Common Stock — 107,350 shares (Indirect, By Limited Partnership)
Footnotes (2)
- F1. The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market purchases, with prices ranging from $34.65 to $34.67 per share, inclusive. The reporting person has reported these purchases on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
- F2. This indirect ownership represents shares owned by a limited partnership of which the reporting person and his spouse are beneficial owners of the common stock owned by the limited partnership.
Key Figures
Shares purchased: 3,000 shares
Weighted average purchase price: $34.66 per share
Purchase price range: $34.65–$34.67 per share
+2 more
5 metrics
Shares purchased
3,000 shares
Common Stock purchased on August 18, 2026 via IRA
Weighted average purchase price
$34.66 per share
Open-market purchases on August 18, 2026
Purchase price range
$34.65–$34.67 per share
Range of same-day open-market trades aggregated in the filing
IRA holdings after transaction
6,500 shares
Indirect ownership by IRA following the August 18, 2026 purchase
Limited partnership indirect holdings
107,350 shares
Shares held by a limited partnership in which Denny and spouse are beneficial owners
Key Terms
weighted average price, open market purchases, beneficial owners, limited partnership
4 terms
weighted average price financial
"reported these purchases on an aggregate basis using the weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market purchases financial
"multiple same day, same way open market purchases, with prices ranging"
Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.
beneficial owners financial
"of which the reporting person and his spouse are beneficial owners"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
limited partnership financial
"represents shares owned by a limited partnership of which the reporting"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Michael B. Denny report for FFIN on August 18, 2026?
Michael B. Denny reported buying 3,000 shares of FIRST FINANCIAL BANKSHARES (FFIN) common stock on August 18, 2026 through an IRA. The weighted average purchase price was $34.66 per share, based on multiple open-market trades that day.
At what prices did the FFIN insider purchases occur on August 18, 2026?
The FFIN insider’s open-market purchases occurred in a price range of $34.65 to $34.67 per share. These trades were aggregated and reported using a weighted average price of $34.66 per share in the Form 4 filing.
What additional indirect FFIN holdings does Michael B. Denny report?
Beyond his IRA, Michael B. Denny reports indirect ownership of 107,350 FFIN shares held by a limited partnership. He and his spouse are described as beneficial owners of the common stock held by this partnership, according to the Form 4 footnote.
Was the August 18, 2026 FFIN insider purchase made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not selected, so the transaction is not affirmed as made under a Rule 10b5-1 trading plan. The filing instead describes standard open-market purchases at specified price ranges.
AI-generated analysis. How Rhea-AI works. Not financial advice.
