Ruzicka John James Jr 4
4 · FIRST FINANCIAL BANKSHARES INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
First Financial (FFIN) EVP John Ruzicka Receives Award, Defers 2,370 Shares
What Happened
- John James Ruzicka Jr., Executive Vice President & Chief Banking Operations Officer of First Financial Bankshares, reported the vesting of 2,370 performance stock units on March 13, 2026. No cash changed hands — the vested units were converted into 2,370 deferred stock units under the company’s Supplemental Executive Retirement Plan (SERP). The Form 4 shows an award/issuance, a disposition to the issuer, and a derivative grant each for 2,370 units; price per share is not applicable.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filing appears within the typical two-business-day window).
- Reported items: Award/Grant of 2,370 shares, Disposition to issuer of 2,370 performance units, and grant (derivative) of 2,370 deferred stock units. All entries list price as N/A.
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: These were performance stock units that were subject to non-price performance criteria.
- F2: The 2,370 vested shares were deferred into the SERP (received as deferred stock units payable upon termination), reflecting an exchange of performance stock units for deferred units rather than a sale.
Context
- This was not a market purchase or sale — it was a conversion/deferral of vested performance units into retirement-plan deferred units. Such deferrals are common for executives and do not represent an immediate cash transaction or a direct signal to buy/sell the stock.
Insider Transaction Report
Form 4
Ruzicka John James Jr
EVP, Chief Banking Ops Officer
Transactions
- Award
Common Stock
[F1]2026-03-13+2,370→ 14,356 total - Disposition to Issuer
Common Stock
[F2]2026-03-13−2,370→ 11,986 total - Award
Deferred Stock Units
[F2]2026-03-13+2,370→ 5,837 total→ Common Stock (2,370 underlying)
Footnotes (2)
- [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.
- [F2]In connection with the vesting of performance stock units previously granted on August 16, 2023, Mr. Ruzicka's receipt of 2,370 shares of common stock was deferred resulting in Mr. Ruzicka's receipt instead of 2,370 shares of deferred stock units into the First Financial Bankshares, Inc. Supplemental Executive Retirement Plan, as amended and restated effective July 26, 2022 (the "SERP"). Mr. Ruzicka is therefore reporting the disposition of 2,370 performance stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Ruzicka's termination of employment.
Signature
By: Michelle S. Hickox Attorney in Fact for John J. Ruzicka, Jr.|2026-03-17