Insider Olivia Holding (NASDAQ: FCNCA) reports bona fide stock gifts via trust

Rhea-AI Filing Summary

FIRST CITIZENS BANCSHARES INC /DE/ insider Olivia Britton Holding reported charitable-style transfers of First Citizens stock held through a trust. On Class A Common, the Olivia B. Holding Revocable Trust made bona fide gifts of 10 and 130 shares, while 168 Class B Common shares were also gifted, all at $0.00 per share. Following these gifts, the trust’s reported indirect holdings were 537,541 Class A shares and 122,094 Class B shares. Additional lines list indirect holdings in various trusts and entities, with the filer disclaiming beneficial ownership beyond any pecuniary interest.

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 Olivia Britton

(Last) (First) (Middle)

POST OFFICE BOX 1352

(Street)

SMITHFIELD NC 27577

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		G		10	A	$0	537,671	I	By Olivia B. Holding Revocable Trust
Class A Common	03/02/2026		G		130	D	$0	537,541	I	By Olivia B. Holding Revocable Trust
Class B Common	03/02/2026		G		168	A	$0	122,094	I	By Olivia B. Holding Revocable Trust
Class A Common								10,544	I	As beneficiary of a trust
Class A Common								12,152	I	CoTrustee of P. M. Bristow 2019 Irr Family Trust
Class A Common								2,675	I(1)	By Holding Properties, LLC
Class A Common								827	I(1)	By E&F Properties, Inc.
Class A Common								12,530	I(1)	By Twin States Farming, Inc.
Class A Common								192,063	I(1)	By Southern BancShares (N.C.), Inc and subsidiary
Class A Common								174,469	I(1)	By YVC Holdings, Inc.
Class A Common								100,000	I(1)	By Fidelity BancShares (N.C.), Inc.
Class B Common								1,225	I	As beneficiary of a trust
Class B Common								2,156	I(1)	By Holding Properties, LLC
Class B Common								200	I(1)	By E&F Properties, Inc.
Class B Common								1,764	I(1)	By Twin States Farming, Inc.
Class B Common								22,619	I(1)	By Southern BancShares (N.C.), Inc.
Class B Common								4,480	I(1)	By YVC Holdings, Inc.
Depositary Shares(2)								22,000	I(1)	By Holding Properties, LLC
Depositary Shares(2)								198,945	I(1)	By Southern BancShares (N.C.), Inc.
Depositary Shares(2)								200,000	I(1)	By Fidelity BancShares (N.C.), Inc.

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 is a director, officer, manager and/or shareholder of the companies that own these shares, but she disclaims beneficial ownership of the listed shares except to the extent of her pecuniary interest therein, if any, 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.

2. Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A.

	Olivia B. Holding, By: E. Knox Proctor V , Attorney-in-fact	03/04/2026
	** 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.
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FAQ

What insider transaction did Olivia Britton Holding report for FCNCA?

Olivia Britton Holding reported bona fide gifts of First Citizens shares held through the Olivia B. Holding Revocable Trust. The filing shows gifts of 10 and 130 Class A Common shares and 168 Class B Common shares, all at $0.00 per share, indicating no sale proceeds.

How many FCNCA shares did the Olivia B. Holding Revocable Trust hold after the gifts?

After the reported gifts, the Olivia B. Holding Revocable Trust held 537,541 shares of Class A Common and 122,094 shares of Class B Common. These positions are reported as indirect ownership, and the filer disclaims beneficial ownership beyond any pecuniary interest, if any.

Were the FCNCA insider transactions reported as sales or gifts?

The transactions were reported as bona fide gifts, not sales. Each entry carries transaction code G, described as a bona fide gift, with a transaction price per share of $0.00, showing the transfers did not generate cash proceeds for the reporting person or the trust entities.

What other indirect FCNCA holdings are associated with Olivia Britton Holding?

The filing lists multiple indirect holdings in Class A and Class B Common and Depositary Shares through entities such as Holding Properties, LLC, Southern BancShares (N.C.), Inc., YVC Holdings, Inc., and others, with share counts like 192,063 Class A via Southern BancShares and 174,469 via YVC Holdings.

How are FCNCA Depositary Shares described in Olivia Britton Holding’s filing?

The filing states each Depositary Share represents a 1/40th interest in a share of FIRST CITIZENS BANCSHARES INC /DE/ 5.375% Non-Cumulative Perpetual Preferred Stock, Series A. Various entities associated with the filer hold Depositary Shares as indirect positions, rather than as directly owned common stock.

Does Olivia Britton Holding claim full beneficial ownership of the reported FCNCA shares?

No. The filing explains she is a director, officer, manager and/or shareholder of the entities holding these shares but disclaims beneficial ownership of the listed securities, except to the extent of any pecuniary interest. The report is not an admission of beneficial ownership under Section 16.