FCNCA Director Buys 10 Shares at $1,888 Each – Insider Activity

FCNCA Form 4: Director Ralph Mattox Snow III purchased 10 Class A shares of First Citizens BancShares on 08/05/2025 at $1,888.5978 each, an outlay of roughly $18.9 k.

Rhea-AI Filing Summary

FCNCA Form 4: Director Ralph Mattox Snow III purchased 10 Class A shares of First Citizens BancShares on 08/05/2025 at $1,888.5978 each, an outlay of roughly $18.9 k. His direct holdings increase from 100 to 110 shares; no derivative positions were disclosed. The buy was coded “P,” indicating an open-market acquisition and not a 10b5-1 trade. While the action signals incremental insider confidence, the volume is immaterial versus the bank’s multi-million-share float and should not meaningfully affect ownership structure or liquidity.

Positive

• Director initiated an open-market purchase, a classic confidence signal even if small.

Negative

• Purchase size is immaterial, adding only 10 shares and offering limited insight into future performance.

Insights

Securities Analyst

TL;DR insider buy is modest; sentiment mildly positive, financial impact negligible.

The 10-share purchase, worth under $20 k, marginally lifts the director’s stake to 110 shares. Open-market buying generally reflects confidence, but the 0.0008% change in beneficial ownership offers little signaling power for a $20 bn-plus market-cap bank. No derivatives, planned trades, or sales were reported, keeping the disclosure simple. Overall, a routine governance filing with limited market significance.

Insider Trade Summary

Net Buyer: 10 shares

Net Buy 1 txn

Insider Snow Ralph Mattox III

Role Director

Bought 10 shs ($19K)

Type	Security	Shares	Price	Value
Purchase	Class A Common	10	$1,888.5978	$19K

Holdings After Transaction: Class A Common — 110 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did FCNCA’s Form 4 report?

Director Ralph Mattox Snow III bought 10 Class A shares on 08/05/2025 at $1,888.5978 each.

How many FCNCA shares does the director now own?

His direct ownership stands at 110 shares after the transaction.

Was this an open-market purchase or a 10b5-1 trade?

The filing lists transaction code “P” and does not reference Rule 10b5-1, indicating an open-market buy.

Did the filing include any derivative security activity?

No; Table II shows no options, warrants, or other derivatives.

Is the transaction material to shareholders?

Given the small size—under $20 k—the impact on ownership structure and valuation is negligible.

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

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Accepted by SEC EDGAR 08/05/2025 - 04:56 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Snow Ralph Mattox III

(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		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

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 A Common	08/05/2025		P		10	A	$1,888.5978	110	D

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:

	Ralph Mattox Snow III, By: E. Knox Proctor V , Attorney-in-fact	08/05/2025
	** 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.