First Citizens affiliate plans 22K Series A sale
FIRST CITIZENS BANCSHARES INC (FCNCA) received a notice that affiliate Holding Properties, LLC plans to sell 22,000 Series A Depositary Shares of the company under Rule 144.
Rhea-AI Filing Summary
FIRST CITIZENS BANCSHARES INC (FCNCA) received a notice that affiliate Holding Properties, LLC plans to sell 22,000 Series A Depositary Shares of the company under Rule 144. The planned sale, through First Citizens Investor Services, Inc. on NASDAQ, is dated September 15, 2026.
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Key Figures
Series A Depositary Shares to be sold: 22,000 shares
Aggregate market value of planned sale: $426,800
Series A Depositary Shares outstanding: 13,800,000 shares
+3 more
6 metrics
Series A Depositary Shares to be sold
22,000 shares
Planned Rule 144 sale by Holding Properties, LLC
Aggregate market value of planned sale
$426,800
For 22,000 Series A Depositary Shares
Series A Depositary Shares outstanding
13,800,000 shares
Outstanding at time of filing for the class of securities
Shares acquired from issuer
20,000 shares
Purchased for cash on March 12, 2020
Shares acquired in open market
2,000 shares
Purchased for cash on March 17, 2020
Planned sale date
September 15, 2026
Approximate date of sale on NASDAQ
Key Terms
Rule 144, Depositary Shares, Open Market, Affiliate, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Open Market financial
"Series A Depositary Shares | 03/17/2020 | Purchase | Open Market"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Affiliate financial
"Affiliate 144: Securities Information"
Aggregate market value financial
"Series A Depositary Shares | ... | 22000 | 426800 | 13800000"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the selling security holder for this FCNCA Rule 144 filing?
The selling security holder is Holding Properties, LLC, identified as an affiliate. Olivia B. Holding signed the notice on behalf of the LLC as Manager.
AI-generated analysis. How Rhea-AI works. Not financial advice.