FFIN CFO gets 2,200-share award, withholds for tax

FIRST FINANCIAL BANKSHARES INC Executive Vice President and Bank CFO J. Kyle McVey reported routine equity compensation activity.

Rhea-AI Filing Summary

FIRST FINANCIAL BANKSHARES INC Executive Vice President and Bank CFO J. Kyle McVey reported routine equity compensation activity. He acquired 2,200 shares of common stock as a stock award tied to the vesting of performance stock units, with no cash paid per share.

To cover related income taxes, 536 shares were withheld by the company at a price of $29.56 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, McVey directly owns 27,685 shares of common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider McVey J. Kyle

Role EVP, CFO - Bank

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,200	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	536	$29.56	$16K

Holdings After Transaction: Common Stock — 27,685 shares (Direct)

Footnotes (2)

1. F1. Represents shares of common stock issued upon the vesting of outstanding performance stock units that were subject to performance criteria other than the issuer's stock price.
2. F2. 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 536 shares of the Registrant's common stock to pay income taxes related to vesting of previously granted performance stock units.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FFIN executive J. Kyle McVey report?

J. Kyle McVey reported a stock award and related tax withholding. He received 2,200 shares of FIRST FINANCIAL BANKSHARES common stock from vesting performance stock units, with 536 shares withheld to pay income taxes due on that vesting.

How many FFIN shares did the CFO receive and at what cost per share?

The CFO received 2,200 shares of FIRST FINANCIAL BANKSHARES common stock at $0.00 per share. These shares were issued as an equity award upon vesting of performance stock units, reflecting compensation rather than an open-market purchase.

Why were 536 FFIN shares withheld in this Form 4 filing?

The company withheld 536 shares to pay income taxes on vested performance stock units. Under the 2021 Omnibus Stock and Incentive Plan, McVey elected to satisfy tax obligations by having FIRST FINANCIAL BANKSHARES retain part of the newly issued shares.

Did the FFIN CFO sell any shares on the open market?

No open-market sale was reported. The only disposition was 536 shares withheld by FIRST FINANCIAL BANKSHARES to cover tax liabilities tied to vesting stock units, a routine tax-withholding event rather than a discretionary market transaction.

How many FIRST FINANCIAL BANKSHARES (FFIN) shares does the CFO now own?

After the reported award and tax withholding, J. Kyle McVey directly owns 27,685 shares of FIRST FINANCIAL BANKSHARES common stock. This reflects the net position following receipt of 2,200 shares and the withholding of 536 shares for income taxes.

What type of equity award did the FFIN CFO receive?

The CFO received common shares issued upon vesting of performance stock units. These units were subject to performance criteria other than FIRST FINANCIAL BANKSHARES’ stock price, and converted into 2,200 shares of common stock at no purchase price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/17/2026 - 05:20 PM Learn about SEC filing dates

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^*

McVey J. Kyle

(Last) (First) (Middle)

PO 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, CFO - Bank

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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

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	03/13/2026		A		2,200(1)	A	(1)	28,221	D
Common Stock	03/13/2026		F		536(2)	D	$29.56	27,685	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

Explanation of Responses:

1. Represents shares of common stock issued upon the vesting of outstanding performance stock units that were subject to performance criteria other than the issuer's stock price.

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 536 shares of the Registrant's common stock to pay income taxes related to vesting of previously granted performance stock units.

	By: Michelle S. Hickox Attorney in Fact for J. Kyle McVey	03/17/2026
	** 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.