First Financial Security, Inc. Announces 10-for-1 Stock Split

JOHNS CREEK, Ga., July 24, 2025 /PRNewswire/ -- First Financial Security, Inc. (FFS) announced today that it has implemented a 10-for-1 stock split of its authorized shares of common stock, applicable to all outstanding restricted stock awards. This move reflects the Company's continued confidence in its growth outlook and its commitment to expanding access and opportunity for its shareholders.

Effective July 8, 2025, each outstanding share of both Voting and Non-Voting Common Stock was converted into ten shares of Common Stock. For holders of restricted stock awards, this means the number of shares granted under their existing awards has increased proportionally, while the overall dollar value of those awards remains unchanged.

The stock split highlights FFS's sustained effort to increase equity participation at all levels of the organization. Since launching its Restricted Stock Plan in 2023, the company has awarded equity to top-performing independent contractors annually — including initial awards in 2023, continued distributions in 2024, and an additional grant to qualifiers in March 2025 — demonstrating its investment in field leadership.

Spring 2024 marked the launch of FFS's inaugural private secondary trading window — an important step in enabling award recipients to access liquidity and deepen their ownership stake. Building on that success, FFS now hosts secondary trading windows on a regular schedule, providing ongoing opportunities for agents to realize the value of their equity.

This recent stock split reinforces FFS's vision of fostering broad-based ownership and delivering meaningful value to those who contribute to advancing its mission. By continuing to expand access to equity participation, FFS empowers its field leadership to grow alongside the company.

First Financial Security, Inc. is a national life insurance brokerage agency committed to helping entrepreneurial individuals achieve financial security through innovative insurance solutions and a dynamic career platform. FFS equips its network of associates with tools, training, and leadership opportunities, driving a lasting financial impact for families and communities nationwide.

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SOURCE First Financial Security, Inc