{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-016341","form_type":"8-K","ticker":"FFIN","cik":"0000036029","company_name":"FIRST FINANCIAL BANKSHARES INC","filed_at":"2022-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.803649+00:00","generated_at":"2026-06-24T01:37:56.322988+00:00","sec_items":["5.02","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"First Financial Bankshares renews executive change-in-control severance agreements for 8 officers","bullets":["Renewed agreements effective August 1, 2022, replacing previous agreements that expired July 1, 2022.","CEO F. Scott Dueser receives 300% base salary severance; other executives receive 200% on change-in-control termination.","Agreement term runs to earliest of death, disability, retirement, pre-change termination, or August 1, 2024.","If change-in-control occurs, agreements extend for 2 years post-change; benefits include prorated bonus and accrued PTO.","Parachute payment excise-tax cutback applies only if net-benefit test favors reduction."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-016341","json":"https://secwatch.observer/filing/0000950170-22-016341.json","markdown":"https://secwatch.observer/filing/0000950170-22-016341.md","text":"https://secwatch.observer/filing/0000950170-22-016341.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/36029/000095017022016341/0000950170-22-016341-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/36029/000095017022016341/ffin-20220809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T01:37:56.322988+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}