Director at First Financial (NASDAQ: FFIN) buys 664 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST FINANCIAL BANKSHARES INC director Robert Clark Nickles Jr. reported an open-market purchase of common stock through an affiliated limited liability corporation. The LLC acquired 664 shares at $31.96 per share, bringing its indirectly held position to 97,624 shares. Separately, Nickles holds 15,851 shares directly. The footnote explains that he and his spouse are equal beneficial owners of the common stock held by the LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 664 shares ($21,221)
Net Buy
2 txns
Insider
Nickles Robert Clark Jr
Role
null
Bought
664 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 664 | $31.96 | $21K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 97,624 shares (Indirect, By Limited Liability Corporation);
Common Stock — 15,851 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Open-market purchase size: 664 shares
Purchase price: $31.96 per share
Indirect holdings after transaction: 97,624 shares
+1 more
4 metrics
Open-market purchase size
664 shares
Common Stock bought on May 5, 2026
Purchase price
$31.96 per share
Price for 664 Common Stock shares
Indirect holdings after transaction
97,624 shares
Common Stock held by LLC after purchase
Direct holdings after transaction
15,851 shares
Common Stock held directly by reporting person
Key Terms
open-market purchase, indirect ownership, limited liability corporation, beneficial owners
4 terms
open-market purchase financial
"The LLC acquired 664 shares at $31.96 per share in an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"This indirect ownership represents shares owned by a limited liability corporation..."
limited liability corporation financial
"represents shares owned by a limited liability corporation of which the reporting person and his spouse are equal beneficial owners"
beneficial owners financial
"the reporting person and his spouse are equal beneficial owners of the common stock owned by the limited liability corporation"
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.
FAQ
What insider transaction did FFIN director Robert Clark Nickles Jr. report?
He reported an open-market purchase of 664 shares of FIRST FINANCIAL BANKSHARES INC common stock at $31.96 per share through a limited liability corporation, increasing that entity’s indirect holdings to 97,624 shares while also disclosing 15,851 shares held directly.