First Citizens (NASDAQ: FCNCA) CEO adds 137 Class B shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST CITIZENS BANCSHARES INC (FCNCA) Chairman and CEO Frank B. Holding Jr., a more than ten percent owner, reported multiple open-market purchases of Class B Common stock. He bought a total of 137 Class B shares on June 5, 2026 at prices between $1,780 and $2,070 per share.
Following these transactions, his directly held Class B Common position is reported as 64,437 shares. The filing also lists significant indirect holdings in both Class A and Class B Common through spouse, grantor retained annuity trusts and custodial and trust accounts, including 115,000 Class A shares held by spouse as trustee for the Ruth P. Holding 2025 GRAT and 106,000 Class A shares held by the Frank B. Holding Jr. 2025 #2 GRAT. A footnote states that he disclaims beneficial ownership of these indirect positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 137 shares ($276,566)
Net Buy
25 txns
Insider
HOLDING FRANK B JR
Role
Chairman and CEO
Bought
137 shs ($277K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common | 2 | $1,998.68 | $4K |
| Purchase | Class B Common | 8 | $2,010.00 | $16K |
| Purchase | Class B Common | 23 | $2,030.00 | $47K |
| Purchase | Class B Common | 47 | $2,050.00 | $96K |
| Purchase | Class B Common | 2 | $2,060.00 | $4K |
| Purchase | Class B Common | 34 | $2,065.00 | $70K |
| Purchase | Class B Common | 1 | $2,068.50 | $2K |
| Purchase | Class B Common | 5 | $2,070.00 | $10K |
| Purchase | Class B Common | 15 | $1,780.00 | $27K |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Holdings After Transaction:
Class B Common — 64,437 shares (Direct, null);
Class A Common — 206,942 shares (Direct, null);
Class A Common — 11,140 shares (Indirect, As beneficiary of a trust);
Class B Common — 2,527 shares (Indirect, As beneficiary of a trust)
Footnotes (1)
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Key Figures
Total Class B shares bought: 137 shares
Sample purchase price: $1,780/share
Highest reported purchase price: $2,070/share
+5 more
8 metrics
Total Class B shares bought
137 shares
Open-market purchases on June 5, 2026
Sample purchase price
$1,780/share
15 Class B shares purchased
Highest reported purchase price
$2,070/share
5 Class B shares purchased
Direct Class B holdings after trades
64,437 shares
Post-transaction direct ownership
Direct Class A holdings
206,942 shares
Reported direct Class A Common ownership
Ruth P. Holding 2025 GRAT Class A
115,000 shares
Held by spouse as trustee, indirect
2025 #2 GRAT Class A
106,000 shares
Frank B. Holding Jr. 2025 #2 GRAT, indirect
2025 #1 GRAT Class A
95,829 shares
Frank B. Holding Jr. 2025 #1 GRAT, indirect
Key Terms
Class B Common, Class A Common, open-market purchase, GRAT, +1 more
5 terms
Class B Common financial
"The CEO reported open-market purchases of Class B Common stock."
Class A Common financial
"The filing also lists indirect holdings in Class A Common."
open-market purchase financial
"Each trade is coded "P" and described as an open-market purchase."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
GRAT financial
"Holdings include shares in the Ruth P. Holding 2025 GRAT and other GRATs."
beneficial ownership financial
"A footnote states he disclaims beneficial ownership of these securities."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did FCNCA Chairman Frank B. Holding Jr. report?
Frank B. Holding Jr. reported open-market purchases of Class B Common stock totaling 137 shares on June 5, 2026. These small buys were executed in several trades at prices around $2,000 per share and modestly increased his directly held Class B position.
What indirect FCNCA holdings are associated with Frank B. Holding Jr.?
The filing lists indirect holdings in Class A and Class B shares via spouse, GRATs, custodial accounts, and a trust, such as 115,000 Class A shares in the Ruth P. Holding 2025 GRAT. A footnote explains he disclaims beneficial ownership of these indirect positions.
What types of securities are covered in this FCNCA Form 4 filing?
The Form 4 covers Class A Common and Class B Common shares of First Citizens BancShares. Reported activity involves open-market purchases of Class B shares and updated holdings for various indirect Class A and Class B positions tied to trusts and family accounts.