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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.

(Neutral)
(Neutral)
Form Type
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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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
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.
Depositary Shares financial
"Series A Depositary Shares | First Citizens Investor Services, Inc."
Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.
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.

What is the approximate market value of the FCNCA shares to be sold?

The filing lists an aggregate market value of about $426,800 for the 22,000 Series A Depositary Shares planned for sale.

On which exchange are the FCNCA Series A Depositary Shares to be sold?

The filing states that the Series A Depositary Shares are to be sold on NASDAQ through First Citizens Investor Services, Inc.

When and how did the seller acquire the FCNCA Series A Depositary Shares?

Holding Properties, LLC acquired 20,000 shares from the issuer on March 12, 2020 for cash and 2,000 shares in an open market purchase on March 17, 2020, also for cash.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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