First Financial Bankshares Files 8-K on Director Changes
Ticker: FFIN · Form: 8-K · Filed: May 24, 2024 · CIK: 36029
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: FFIN
TL;DR
FFIN board shakeup and comp changes filed. Watch for new director elections and officer pay adjustments.
AI Summary
On May 20, 2024, First Financial Bankshares, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the election of new directors and updates to compensatory arrangements for certain officers, effective as of the report date.
Why It Matters
Changes in a company's board of directors and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director elections and executive compensation, which typically carry low inherent risk.
Key Players & Entities
- First Financial Bankshares, Inc. (company) — Registrant
- May 20, 2024 (date) — Date of Earliest Event Reported
FAQ
What specific items are covered in this 8-K filing?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on May 20, 2024.
What is the company's principal executive office address?
The company's principal executive office is located at 400 Pine Street, Abilene, Texas 79601.
What is the IRS Employer Identification Number for First Financial Bankshares, Inc.?
The IRS Employer Identification Number for First Financial Bankshares, Inc. is 75-0944023.
What is the SIC code for First Financial Bankshares, Inc.?
The Standard Industrial Classification (SIC) code for First Financial Bankshares, Inc. is 6022, which corresponds to State Commercial Banks.
Filing Stats: 747 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-05-24 11:28:37
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value FFIN The Nasdaq Global Se
Filing Documents
- ffin-20240520.htm (8-K) — 48KB
- ffin-ex99_1.htm (EX-99.1) — 13KB
- 0000950170-24-064360.txt ( ) — 185KB
- ffin-20240520.xsd (EX-101.SCH) — 31KB
- ffin-20240520_htm.xml (XML) — 4KB
01 REGULATION FD DISCLSOURE
ITEM 7.01 REGULATION FD DISCLSOURE. On May 20, 2024, the Company issued a press release announcing the appointment of Sally Pope Davis to the Company's Board. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. As provided in General Instruction B.2 to Form 8-K, the information furnished in Exhibit 99.1 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and such information shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. 99.1 Press Release dated May 20, 2024 104 Cover Page Interactive Data File (embedded within Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST FINANCIAL BANKSHARES, INC. (Registrant) DATE: May 24, 2024 By: /s/ F. Scott Dueser F. SCOTT DUESER Chairman, President and Chief Executive Officer