DUESER F SCOTT sold FFIN
March 18, 2024 · Form 4 insider transaction
DUESER F SCOTT sold 9,814 shares of First Financial Bankshares, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
In connection with the vesting on March 18, 2024, of 9,814 performance stock units previously granted to Mr. Dueser on August 16, 2021, Mr. Dueser's receipt of 9,814 shares of common stock was deferred resulting in Mr. Dueser's receipt instead of 9,814 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. Dueser is therefore reporting the disposition of 9,814 performance stock units in exchange for an equal number of shares of deferred stock units under the SERP, which are payable upon Mr. Dueser's termination of employment.; Represents shares held by several trusts of which Mr. Dueser is trustee, settlor and beneficiary.