[Form 4] First Citizens BancShares Inc Insider Trading Activity

Rhea-AI Filing Summary

Frank B. Holding Jr., identified as Chairman and CEO, a director and a 10% owner, filed a Form 4 reporting transactions linked to First Citizens BancShares Inc. (FCNCA). The filing records transactions dated 08/07/2025 showing purchases of Class B Common shares reported as: 150, 150, and 300 shares with indicated prices of $1,700, $1,700, and $1,697.50 respectively, each entry tied to trusts or GRATs named in the form.

The form also shows a reported disposition of 202,477 Class A Common shares (marked D) and lists multiple existing beneficial ownership and indirect holdings across Class A and Class B shares, including 106,000 and 115,000 Class A shares held in identified 2025 GRATs and indirect holdings by spouse and custodial accounts. The filing is signed by an attorney-in-fact on 08/11/2025.

Insights

Securities Analyst

TL;DR: Filing documents transfers into GRATs, small Class B purchases and a large Class A disposition; report does not state broader context.

The Form 4 records three Class B Common acquisitions on 08/07/2025 (150, 150 and 300 shares) with stated prices of $1,700, $1,700 and $1,697.50, respectively, and identifies those shares as tied to named 2025 GRATs and a spouse-as-trustee entry. Separately, the filing shows a reported disposition of 202,477 Class A Common shares. The form lists multiple indirect holdings by trust, spouse and custodial accounts and quantifies several post-transaction beneficial ownership amounts. The filing itself provides transactional detail but does not include context such as total outstanding shares or purpose of transfers, so materiality relative to company capitalization cannot be assessed from this document alone.

Corporate Governance Expert

TL;DR: Form 4 documents structured transfers and trustee entries; numbers are explicit but the filing gives no explanatory rationale.

The reporting person is clearly identified as Chairman and CEO and as a 10% owner. The report lists transfers and purchases associated with named 2025 GRATs and spouse-as-trustee entries, and it records a sizeable 202,477-share Class A disposition. These entries are precisely enumerated in the filing, including specific share counts and prices for the Class B purchases. The document is transactional in nature and does not provide commentary or intent. Governance reviewers would note the presence of indirect holdings and trustee/GRAT designations but must rely on this filing only for factual transaction data.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HOLDING FRANK B JR

(Last) (First) (Middle)

4300 SIX FORKS ROAD

(Street)

RALEIGH NC 27609

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST CITIZENS BANCSHARES INC /DE/ [ FCNCA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common	08/07/2025		P		150	A	$1,700	32,150	I	Frank B. Holding Jr. 2025 #1 GRAT
Class B Common	08/07/2025		P		150	A	$1,700	32,150	I	Frank B. Holding Jr. 2025 #2 GRAT
Class B Common	08/07/2025		P		300	A	$1,697.5	32,300	I(1)	By Spouse as Trustee for the Ruth P. Holding 2025 GRAT
Class A Common								202,477	D
Class A Common								11,140	I	As beneficiary of a trust
Class A Common								3,728	I(1)	By Spouse
Class A Common								3,367	I(1)	As custodian for James Freeman Bailey, Jr.
Class A Common								1,542	I(1)	As custodian for Royall Holding Bailey
Class A Common								268	I(1)	As custodian for Jones Powell Bailey
Class B Common								2,758	D
Class B Common								2,392	I	As beneficiary of a trust
Class B Common								1,160	I(1)	By Spouse
Class B Common								4,867	I(1)	As custodian for James Freeman Bailey, Jr.
Class B Common								4,710	I(1)	As custodian for Royall Holding Bailey
Class B Common								5,068	I(1)	As custodian for Jones Powell Bailey
Class A Common								106,000	I	Frank B. Holding Jr. 2025 #1 GRAT
Class A Common								106,000	I	Frank B. Holding Jr. 2025 #2 GRAT
Class A Common								115,000	I(1)	By Spouse as Trustee for the Ruth P. Holding 2025 GRAT

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

	Frank B. Holding, Jr., By: E. Knox Proctor V, Attorney-in-fact	08/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Frank B. Holding Jr. report on the FCNCA Form 4?

The Form 4 reports Class B Common acquisitions on 08/07/2025 of 150, 150 and 300 shares (prices shown as $1,700, $1,700 and $1,697.50) and a reported disposition of 202,477 Class A Common shares.

What is the reporting person's relationship to First Citizens BancShares (FCNCA)?

The filing identifies the reporting person as Chairman and CEO, a director, and a 10% owner of the issuer.

Are any transactions tied to trusts or beneficiaries in the FCNCA Form 4?

Yes. Several entries are tied to named 2025 GRATs (e.g., Frank B. Holding Jr. 2025 #1 GRAT, #2 GRAT, and Ruth P. Holding 2025 GRAT) and there are indirect holdings listed as held by spouse and by custodial accounts for named beneficiaries.

When was the Form 4 signed and filed for FCNCA?

The signature block shows the Form 4 signed by an attorney-in-fact for Frank B. Holding, Jr. on 08/11/2025.

How many Class A shares are reported as held in the 2025 GRATs?

The form lists 106,000 Class A shares in each of the Frank B. Holding Jr. 2025 #1 and #2 GRATs and 115,000 Class A shares held by the spouse-as-trustee for the Ruth P. Holding 2025 GRAT.