First Citizens (FCNCA) Insider Filing – Brice Disposes 125 Class A Shares by Gift

Rhea-AI Filing Summary

Carson H. Brice, a director of First Citizens Bancshares, Inc. (FCNCA), reported a change in beneficial ownership on 09/26/2025. The filing shows a disposition of 125 Class A common shares coded as a gift (transaction code G) at a reported price of $0. After the transaction, the report lists multiple classes of shares held directly or indirectly by the reporting person and related trusts/fiduciary arrangements, including 236,188 Class A shares beneficially owned and various indirect holdings in Class A and Class B shares across trusts and custodial accounts. The filing includes disclaimers that the reporting person disclaims beneficial ownership for certain trust-held shares and states the reporting person does not serve as trustee or share investment control for those trust shares.

Positive

• Substantial retained ownership: The reporting person continues to show significant aggregate holdings in both Class A and Class B shares (e.g., 236,188 Class A shares listed).
• Transparent disclosure of trust/custodial arrangements: The filing details indirect holdings and includes disclaimers about investment control, supporting governance clarity.

Negative

• Reported disposition: A gift of 125 Class A common shares was recorded on 09/26/2025 (transaction code G), representing a disposal at $0.

Insights

Securities Insider Transactions Analyst

TL;DR: Director reported a small gift disposition but retains substantial direct and indirect holdings across Class A and Class B shares.

The Form 4 documents a gift (code G) of 125 Class A common shares on 09/26/2025 at a reported price of $0, indicating a non-cash transfer rather than a market sale. The filing itemizes a complex ownership structure with 236,188 Class A shares listed as beneficially owned following the transaction and multiple indirect positions held via a revocable trust, custodial accounts, and separate beneficiary trusts. Disclaimers clarify limited investment control over certain trust-held shares. For investors or compliance teams, this is a routine disclosure of family and trust holdings with a minor transfer that is unlikely to materially affect overall ownership or control.

Corporate Governance Specialist

TL;DR: The report highlights customary trust and custodial arrangements; a small gifted disposition does not alter governance concentration.

The report shows the director remains substantially invested through both direct and indirect holdings across Class A and Class B shares and related trusts. Multiple entries detail custodial and trust allocations to family members and beneficiary trusts, with explicit disclaimers denying investment control for certain trusts. The single reported disposal of 125 Class A shares by gift is immaterial relative to the total disclosed holdings and does not suggest a change in board alignment or control. Documentation appears consistent with standard Section 16 reporting for insiders managing family trusts.

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
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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).

1. Name and Address of Reporting Person^*

Brice Carson H

(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)
09/26/2025

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	09/26/2025		G		125	D	$0	236,188	I	Carson Holding Brice Revocable Trust
Class A Common								640	I(1)	By Spouse
Class A Common								16,890	I(1)	As custodian for Stephen Brice
Class A Common								16,289	I(1)	As custodian for Cordelia Brice
Class A Common								16,289	I(1)	As custodian for Elizabeth Brice
Class A Common								10,652	I	As beneficiary of a trust
Class A Common								99,130	I(2)	Brice Trust fbo Stephen B. Brice
Class A Common								99,729	I(2)	Brice Trust fbo Elizabeth M. Brice
Class A Common								99,729	I(2)	Brice Trust fbo Cordelia A. Brice
Class B Common								99,575	I	Carson Holding Brice Revocable Trust
Class B Common								563	I(1)	By Spouse
Class B Common								2,347	I(1)	As custodian for Stephen Brice
Class B Common								2,348	I(1)	As custodian for Elizabeth Brice
Class B Common								2,348	I(1)	As cusodian for Cordelia Brice
Class B Common								1,250	I	As beneficiary of a trust
Class B Common								4,409	I(2)	Brice Trust fbo Stephen B. Brice
Class B Common								4,491	I(2)	Brice Trust fbo Elizabeth M. Brice
Class B Common								4,491	I(2)	Brice Trust fbo Cordelia A. Brice

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.

2. The listed shares are held by a trust for the benefit of the Reporting Person's children. The Reporting person does not serve as trustee of or have or share investment control over the Issuer's shares held by the trust, she disclaims beneficial ownership of the shares held by the trust, and this report shall not be deemed an admission that the Reporting Perrson is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

	Carson H. Brice, By: E. Knox Proctor V , Attorney-in-fact	09/30/2025
	** 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.
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FAQ

What transaction did FCNCA insider Carson H. Brice report on 09/26/2025?

The filing reports a disposition by gift of 125 Class A common shares on 09/26/2025 (transaction code G) at a reported price of $0.

How many Class A shares does the filing show as beneficially owned after the transaction?

The Form 4 lists 236,188 Class A shares as beneficially owned following the reported transaction.

Does the reporting person have indirect holdings or trusts disclosed?

Yes. The filing lists multiple indirect holdings including shares held by the Carson Holding Brice Revocable Trust, custodial accounts for family members, and beneficiary trusts for the reporting person's children.

Does the reporting person claim investment control over the trust-held shares?

No. The filing includes disclaimers stating the reporting person does not serve as trustee or have or share investment control over certain trust-held shares and disclaims beneficial ownership of those shares.

Who signed the Form 4 and when was it signed?

The Form 4 was signed on behalf of Carson H. Brice by E. Knox Proctor V, Attorney-in-fact on 09/30/2025.