[Form 4] First Citizens BancShares Inc Insider Trading Activity
Olivia B. Holding filed a Form 4 reporting indirect holdings of both Class A and Class B common stock of First Citizens BancShares, Inc. (FCNCA) and related depositary shares. The filing identifies the reporting person as a director and lists substantial indirect positions: 537,667 Class A shares held by the Olivia B. Holding Revocable Trust and 121,926 Class B shares held by the same trust, plus additional indirect holdings through multiple entities and trusts (including 192,063 Class A by Southern BancShares (N.C.), Inc., 174,469 Class A by YVC Holdings, Inc., and others). The report also lists depositary shares of the issuer's preferred stock held indirectly (22,000, 198,945, and 200,000 by named entities). The filer disclaims beneficial ownership of listed shares except to the extent of any pecuniary interest, and the form notes each depositary share represents a 1/40th interest in the issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A.
Olivia B. Holding ha presentato un Modulo 4 che segnala partecipazioni indirette sia in azioni ordinarie Classe A sia Classe B di First Citizens BancShares, Inc. (FCNCA) e relative azioni depositarie. L'atto identifica la dichiarante come direttore e riporta posizioni indirette rilevanti: 537,667 Class A detenute dalla Olivia B. Holding Revocable Trust e 121,926 Class B dallo stesso trust, oltre ad ulteriori partecipazioni indirette tramite più entità e trust (inclusi 192,063 Class A da Southern BancShares (N.C.), Inc., 174,469 Class A da YVC Holdings, Inc. e altri). Il rapporto elenca anche azioni depositarie delle azioni privilegiate dell'emittente detenute indirettamente (22,000, 198,945 e 200,000 da entità nominate). Il dichiarante dichiara di non essere il beneficiario effettivo delle azioni elencate salvo nella misura di un eventuale interesse pecuniario, e il modulo specifica che ogni azione depositaria rappresenta un 1/40 di interesse nella 5.375% Non-Cumulative Perpetual Preferred Stock, Series A dell'emittente.
Olivia B. Holding presentó un Formulario 4 informando participaciones indirectas tanto de acciones ordinarias Clase A como Clase B de First Citizens BancShares, Inc. (FCNCA) y acciones depositarias relacionadas. El documento identifica a la informante como directora y enumera posiciones indirectas significativas: 537,667 Class A en poder de la Olivia B. Holding Revocable Trust y 121,926 Class B del mismo trust, además de otras participaciones indirectas a través de múltiples entidades y fideicomisos (incluyendo 192,063 Class A de Southern BancShares (N.C.), Inc., 174,469 Class A de YVC Holdings, Inc., y otros). El informe también detalla acciones depositarias de la preferente del emisor mantenidas indirectamente (22,000, 198,945 y 200,000 por entidades nombradas). La declarante renuncia a la propiedad beneficiaria de las acciones listadas salvo en la medida de cualquier interés pecuniario, y el formulario indica que cada acción depositaria representa un 1/40 de interés en la 5.375% Non-Cumulative Perpetual Preferred Stock, Series A del emisor.
Olivia B. Holding은 Form 4를 제출하여 First Citizens BancShares, Inc. (FCNCA)의 클래스 A 및 클래스 B 보통주와 관련 예탁주식에 대한 간접 보유를 신고했습니다. 신고서는 보고인을 이사로 식별하고 주요 간접 보유를 기재합니다: Olivia B. Holding Revocable Trust가 보유한 537,667 Class A 주와 동일 신탁이 보유한 121,926 Class B 주, 그리고 여러 법인 및 신탁을 통한 추가 간접 보유(예: Southern BancShares (N.C.), Inc. 소유 192,063 Class A, YVC Holdings, Inc. 소유 174,469 Class A 등). 보고서에는 발행사의 우선주 예탁주가 간접 보유된 내역도 포함되어 있습니다(22,000, 198,945, 200,000가 명시된 법인들). 제출자는 열거된 주식에 대한 실질적 소유를 금전적 이익이 있는 범위로만 부인하며, 해당 양식은 각 예탁주가 발행회사의 5.375% 비누적 영구 우선주(Series A)에 대한 1/40 지분을 나타낸다고 명시하고 있습니다.
Olivia B. Holding a déposé un Formulaire 4 déclarant des participations indirectes tant en actions ordinaires de Classe A qu'en Classe B de First Citizens BancShares, Inc. (FCNCA) et des actions dépositaire associées. Le document identifie la personne déclarante comme administratrice et mentionne d'importantes positions indirectes : 537,667 Class A détenues par l'Olivia B. Holding Revocable Trust et 121,926 Class B par ce même trust, ainsi que d'autres participations indirectes via plusieurs entités et trusts (y compris 192,063 Class A par Southern BancShares (N.C.), Inc., 174,469 Class A par YVC Holdings, Inc., et d'autres). Le rapport énumère également des actions dépositaire de l'action préférentielle de l'émetteur détenues indirectement (22,000, 198,945 et 200,000 par des entités nommées). La déclarante décline toute qualité de propriétaire bénéficiaire des actions listées, sauf dans la mesure d'un intérêt pécuniaire, et le formulaire précise que chaque action dépositaire représente un 1/40 d'intérêt dans la 5.375% Non-Cumulative Perpetual Preferred Stock, Series A de l'émetteur.
Olivia B. Holding reichte ein Form 4 ein, in dem indirekte Beteiligungen an Class A- und Class B-Stammaktien von First Citizens BancShares, Inc. (FCNCA) sowie an zugehörigen Depositary-Aktien gemeldet werden. Die Einreichung bezeichnet die meldende Person als Direktorin und führt erhebliche indirekte Positionen auf: 537,667 Class A-Aktien, gehalten von der Olivia B. Holding Revocable Trust, sowie 121,926 Class B-Aktien desselben Trusts, zuzüglich weiterer indirekter Beteiligungen über mehrere Gesellschaften und Trusts (darunter 192,063 Class A durch Southern BancShares (N.C.), Inc., 174,469 Class A durch YVC Holdings, Inc. und andere). Der Bericht nennt außerdem indirekt gehaltene Depositary-Aktien der Vorzugsaktien des Emittenten (22,000, 198,945 und 200,000 durch namentlich genannte Einheiten). Der Meldende bestreitet den wirtschaftlichen Eigentumstitel an den aufgeführten Aktien, außer insoweit ein pecuniäres Interesse besteht, und das Formular weist darauf hin, dass jede Depositary-Aktie einen 1/40-Anteil an den 5.375% Non-Cumulative Perpetual Preferred Stock, Series A des Emittenten darstellt.
- Transparent disclosure of indirect holdings across trusts and entities, including 537,667 Class A and 121,926 Class B shares.
- Clarification on depositary shares: each depositary share represents a 1/40th interest in the issuer's 5.375% Series A preferred stock.
- None.
Insights
TL;DR: Routine Form 4 disclosing extensive indirect holdings via trusts and entities, with large disclosed positions in Class A, Class B, and depositary shares.
The filing is a detailed ownership disclosure rather than a clear purchase or sale signaling a change in control. The most prominent positions are 537,667 Class A shares and 121,926 Class B shares held indirectly by the Olivia B. Holding Revocable Trust, plus sizable holdings reported for related entities. The report includes multiple indirect holdings across trusts and corporate entities, which is typical for family and estate-related ownership structures. The explanatory note explicitly disclaims direct beneficial ownership except for pecuniary interest, which is material for Section 16 interpretation. Impact rating: 0 (neutral).
TL;DR: Comprehensive insider disclosure reflects complex, indirect ownership through trusts and entities, and includes depositary shares tied to Series A preferred.
The form identifies the reporting person as a director and documents indirect interests held through several trusts and entities, detailing counts for Class A, Class B, and depositary shares. The statement that each depositary share equals a 1/40th interest in the Series A preferred is explicit and clarifies the preferred exposure. The filer’s disclaimer of beneficial ownership is standard for multi-entity family holdings. This filing is informational for governance and compliance but does not by itself indicate a material corporate action. Impact rating: 0 (neutral).
Olivia B. Holding ha presentato un Modulo 4 che segnala partecipazioni indirette sia in azioni ordinarie Classe A sia Classe B di First Citizens BancShares, Inc. (FCNCA) e relative azioni depositarie. L'atto identifica la dichiarante come direttore e riporta posizioni indirette rilevanti: 537,667 Class A detenute dalla Olivia B. Holding Revocable Trust e 121,926 Class B dallo stesso trust, oltre ad ulteriori partecipazioni indirette tramite più entità e trust (inclusi 192,063 Class A da Southern BancShares (N.C.), Inc., 174,469 Class A da YVC Holdings, Inc. e altri). Il rapporto elenca anche azioni depositarie delle azioni privilegiate dell'emittente detenute indirettamente (22,000, 198,945 e 200,000 da entità nominate). Il dichiarante dichiara di non essere il beneficiario effettivo delle azioni elencate salvo nella misura di un eventuale interesse pecuniario, e il modulo specifica che ogni azione depositaria rappresenta un 1/40 di interesse nella 5.375% Non-Cumulative Perpetual Preferred Stock, Series A dell'emittente.
Olivia B. Holding presentó un Formulario 4 informando participaciones indirectas tanto de acciones ordinarias Clase A como Clase B de First Citizens BancShares, Inc. (FCNCA) y acciones depositarias relacionadas. El documento identifica a la informante como directora y enumera posiciones indirectas significativas: 537,667 Class A en poder de la Olivia B. Holding Revocable Trust y 121,926 Class B del mismo trust, además de otras participaciones indirectas a través de múltiples entidades y fideicomisos (incluyendo 192,063 Class A de Southern BancShares (N.C.), Inc., 174,469 Class A de YVC Holdings, Inc., y otros). El informe también detalla acciones depositarias de la preferente del emisor mantenidas indirectamente (22,000, 198,945 y 200,000 por entidades nombradas). La declarante renuncia a la propiedad beneficiaria de las acciones listadas salvo en la medida de cualquier interés pecuniario, y el formulario indica que cada acción depositaria representa un 1/40 de interés en la 5.375% Non-Cumulative Perpetual Preferred Stock, Series A del emisor.
Olivia B. Holding은 Form 4를 제출하여 First Citizens BancShares, Inc. (FCNCA)의 클래스 A 및 클래스 B 보통주와 관련 예탁주식에 대한 간접 보유를 신고했습니다. 신고서는 보고인을 이사로 식별하고 주요 간접 보유를 기재합니다: Olivia B. Holding Revocable Trust가 보유한 537,667 Class A 주와 동일 신탁이 보유한 121,926 Class B 주, 그리고 여러 법인 및 신탁을 통한 추가 간접 보유(예: Southern BancShares (N.C.), Inc. 소유 192,063 Class A, YVC Holdings, Inc. 소유 174,469 Class A 등). 보고서에는 발행사의 우선주 예탁주가 간접 보유된 내역도 포함되어 있습니다(22,000, 198,945, 200,000가 명시된 법인들). 제출자는 열거된 주식에 대한 실질적 소유를 금전적 이익이 있는 범위로만 부인하며, 해당 양식은 각 예탁주가 발행회사의 5.375% 비누적 영구 우선주(Series A)에 대한 1/40 지분을 나타낸다고 명시하고 있습니다.
Olivia B. Holding a déposé un Formulaire 4 déclarant des participations indirectes tant en actions ordinaires de Classe A qu'en Classe B de First Citizens BancShares, Inc. (FCNCA) et des actions dépositaire associées. Le document identifie la personne déclarante comme administratrice et mentionne d'importantes positions indirectes : 537,667 Class A détenues par l'Olivia B. Holding Revocable Trust et 121,926 Class B par ce même trust, ainsi que d'autres participations indirectes via plusieurs entités et trusts (y compris 192,063 Class A par Southern BancShares (N.C.), Inc., 174,469 Class A par YVC Holdings, Inc., et d'autres). Le rapport énumère également des actions dépositaire de l'action préférentielle de l'émetteur détenues indirectement (22,000, 198,945 et 200,000 par des entités nommées). La déclarante décline toute qualité de propriétaire bénéficiaire des actions listées, sauf dans la mesure d'un intérêt pécuniaire, et le formulaire précise que chaque action dépositaire représente un 1/40 d'intérêt dans la 5.375% Non-Cumulative Perpetual Preferred Stock, Series A de l'émetteur.
Olivia B. Holding reichte ein Form 4 ein, in dem indirekte Beteiligungen an Class A- und Class B-Stammaktien von First Citizens BancShares, Inc. (FCNCA) sowie an zugehörigen Depositary-Aktien gemeldet werden. Die Einreichung bezeichnet die meldende Person als Direktorin und führt erhebliche indirekte Positionen auf: 537,667 Class A-Aktien, gehalten von der Olivia B. Holding Revocable Trust, sowie 121,926 Class B-Aktien desselben Trusts, zuzüglich weiterer indirekter Beteiligungen über mehrere Gesellschaften und Trusts (darunter 192,063 Class A durch Southern BancShares (N.C.), Inc., 174,469 Class A durch YVC Holdings, Inc. und andere). Der Bericht nennt außerdem indirekt gehaltene Depositary-Aktien der Vorzugsaktien des Emittenten (22,000, 198,945 und 200,000 durch namentlich genannte Einheiten). Der Meldende bestreitet den wirtschaftlichen Eigentumstitel an den aufgeführten Aktien, außer insoweit ein pecuniäres Interesse besteht, und das Formular weist darauf hin, dass jede Depositary-Aktie einen 1/40-Anteil an den 5.375% Non-Cumulative Perpetual Preferred Stock, Series A des Emittenten darstellt.
FAQ
What did the FCNCA Form 4 filed by Olivia B. Holding disclose?
Is the reporting person identified as an insider of FCNCA?
How many depositary shares are reported and what do they represent?
Does the filer claim direct beneficial ownership of the disclosed shares?
Are the disclosed holdings direct or indirect?
