FIRST FINANCIAL (NASDAQ: FFIN) director gets 2,142-share stock grant, updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nickles Robert Clark Jr reported acquisition or exercise transactions in this Form 4 filing.
FIRST FINANCIAL BANKSHARES INC director Robert Clark Nickles Jr reported a compensation-related stock grant and updated his holdings. He received a restricted stock grant of 2,142 shares of Common Stock, which vests in a single installment on April 27, 2027.
After this award, he directly owns 15,851 shares of Common Stock. The filing also reports indirect ownership of 96,960 shares held by a limited liability corporation in which he and his spouse are equal beneficial owners. This Form 4 reflects routine equity compensation and updated ownership, not open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nickles Robert Clark Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,142 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,851 shares (Direct, null);
Common Stock — 96,960 shares (Indirect, By Limited Liability Corporation)
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 a limited liability corporation of which the reporting person and his spouse are equal beneficial owners of the common stock owned by the limited liability corporation.
Key Figures
Restricted stock grant: 2,142 shares
Direct holdings after grant: 15,851 shares
Indirect holdings via LLC: 96,960 shares
+1 more
4 metrics
Restricted stock grant
2,142 shares
Common Stock award to director on transaction date
Direct holdings after grant
15,851 shares
Common Stock directly owned following the transaction
Indirect holdings via LLC
96,960 shares
Common Stock owned by limited liability corporation
Vesting date
<date>April 27, 2027</date>
Single-installment vesting of restricted stock grant
Key Terms
restricted stock grant, indirect ownership, beneficial owners, limited liability corporation
4 terms
restricted stock grant financial
"This amount represents a restricted stock grant that vests in a single installment"
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.
indirect ownership financial
"This indirect ownership represents shares owned by a limited liability corporation"
beneficial owners financial
"the reporting person and his spouse are equal beneficial owners of the common stock"
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 liability corporation financial
"shares owned by a limited liability corporation of which the reporting person and his spouse"
FAQ
When does the new restricted stock granted to FFIN director Nickles vest?
The 2,142-share restricted stock grant to director Robert Clark Nickles Jr vests in a single installment on April 27, 2027. Until that vesting date, the shares are subject to restrictions typically tied to continued service or other conditions described in the company’s equity plans.