First Financial risk chief awarded options, RSUs
FIRST FINANCIAL BANKSHARES INC (FFIN) reported equity compensation and deferral activity for EVP and Chief Risk Officer Randall Allen Roewe.
Rhea-AI Filing Summary
FIRST FINANCIAL BANKSHARES INC (FFIN) reported equity compensation and deferral activity for EVP and Chief Risk Officer Randall Allen Roewe. On August 14, 2026, he received a grant of 1,984 restricted stock units, vesting in three approximately equal annual installments, and an employee stock option for 3,684 shares at an exercise price of $35.28 per share, expiring in 2036 and vesting over three years. He also elected to defer settlement of 1,100 previously vested restricted stock units and, on August 16, 2026, 564 additional vested restricted stock units, converting them into an equal number of deferred stock units credited under the company’s Supplemental Executive Retirement Plan, payable upon his termination of employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Roewe Randall Allen
Role
EVP, Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F3 | 564 | -- | -- |
| Disposition | Common Stock F3 | 564 | -- | -- |
| Grant/Award | Employee Stock Option, Right to Buy F4 | 3,684 | $35.28 | $130K |
| Grant/Award | Deferred Stock Units F2 | 1,100 | -- | -- |
| Grant/Award | Common Stock F1 | 1,984 | $0.00 | $0.00 |
| Disposition | Common Stock F2 | 1,100 | -- | -- |
Holdings After Transaction:
Employee Stock Option, Right to Buy — 3,684 contracts (Direct);
Deferred Stock Units — 7,960 contracts (Direct);
Common Stock — 33,635 shares (Direct)
Footnotes (4)
- F1. Reflects grant of restricted stock units (RSUs) which vest in three approximately equal installments on each of the three anniversaries of the grant date.
- F2. In connection with the vesting on August 14, 2026, of 1,100 restricted stock units previously granted to the reporting person, the reporting person's receipt of 1,100 shares of common stock was deferred resulting in the reporting person's receipt instead of 1,100 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effected July 26, 2022 (the "SERP"). The reporting person is therefore reporting the disposition of 1,100 restricted stock units in exchange for an equal number of deferred stock units under the SERP, which are payable upon the reporting person's termination.
- F3. In connection with the vesting on August 16, 2026, of 564 restricted stock units previously granted to the reporting person, the reporting person's receipt of 564 shares of common stock was deferred resulting in the reporting person's receipt instead of 564 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effected July 26, 2022 (the "SERP"). The reporting person is therefore reporting the disposition of 564 restricted stock units in exchange for an equal number of deferred stock units under the SERP, which are payable upon the reporting person's termination.
- F4. The options vest 33.33% after one year from the grant date, 66.66% after the second year, and 100% after the third year.
Key Figures
Restricted stock units granted: 1,984 units
Deferred stock units from August 14, 2026 vesting: 1,100 units
Deferred stock units from August 16, 2026 vesting: 564 units
+4 more
7 metrics
Restricted stock units granted
1,984 units
RSUs granted to Randall Allen Roewe on August 14, 2026, vesting over three years
Deferred stock units from August 14, 2026 vesting
1,100 units
RSUs vested and converted into deferred stock units under the SERP on August 14, 2026
Deferred stock units from August 16, 2026 vesting
564 units
RSUs vested and converted into deferred stock units under the SERP on August 16, 2026
Stock options granted
3,684 options
Employee stock option for common stock granted to Roewe on August 14, 2026
Stock option exercise price
$35.28 per share
Exercise price of the 3,684-share employee stock option expiring August 14, 2036
Stock option expiration date
August 14, 2036
Expiration date of Roewe’s 3,684-share employee stock option grant
Option vesting schedule
33.33% / 66.66% / 100%
Option vests 33.33% after one year, 66.66% after two years, 100% after three years
Key Terms
Deferred Stock Units, Supplemental Executive Retirement Plan, restricted stock units, Employee Stock Option, Right to Buy
4 terms
Deferred Stock Units financial
"the reporting person's receipt instead of 1,100 shares of deferred stock units into the"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Supplemental Executive Retirement Plan financial
"deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan"
restricted stock units financial
"Reflects grant of restricted stock units (RSUs) which vest in three"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Option, Right to Buy financial
"security_title": "Employee Stock Option, Right to Buy""
FAQ
What equity awards did FFIN grant to Randall Allen Roewe on August 14, 2026?
On August 14, 2026, FFIN granted Randall Allen Roewe 1,984 restricted stock units and an employee stock option for 3,684 shares at an exercise price of $35.28 per share, vesting over three years in staged installments.
How do the 1,984 RSUs granted to Randall Allen Roewe at FFIN vest?
The 1,984 restricted stock units granted to Randall Allen Roewe vest in three approximately equal installments on each of the three anniversaries of the grant date, aligning the award with multi‑year service at First Financial Bankshares.
What happened to the 1,100 RSUs that vested for Randall Allen Roewe on August 14, 2026 at FFIN?
Upon vesting of 1,100 restricted stock units on August 14, 2026, Roewe deferred receipt of the underlying common shares, instead receiving 1,100 deferred stock units credited under FFIN’s Supplemental Executive Retirement Plan, payable upon his termination.
How were the 564 RSUs vesting on August 16, 2026 treated for Randall Allen Roewe at FFIN?
When 564 restricted stock units vested on August 16, 2026, Roewe deferred settlement of the related common shares and received 564 deferred stock units under FFIN’s Supplemental Executive Retirement Plan, to be paid out when his employment terminates.
What is the role of the Supplemental Executive Retirement Plan in FFIN insider equity awards?
FFIN’s Supplemental Executive Retirement Plan (SERP) allows eligible insiders like Randall Allen Roewe to convert vested restricted stock units into deferred stock units, such as the 1,100 and 564 units reported, which are payable upon termination of employment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
