Family trusts tied to First Citizens (NASDAQ: FCNCA) report stock gifts

Rhea-AI Filing Summary

First Citizens BancShares insider reporting shows family-related entities tied to Claire H. Bristow making bona fide share gifts. On March 2, 2026, the Claire Holding Bristow 2nd Amended and Restated Trust and a spouse‑trustee account each reported gifting 10 Class A Common shares, and the Claire trust reported gifting 168 Class B Common shares.

The filing also updates indirect and direct holdings across multiple Bristow family trusts and LLCs, such as 121,740 Class A Common shares and 43,817 Class B Common shares held by the Claire Holding Bristow 2nd Amended and Restated Trust after these gifts. A footnote states that Claire H. Bristow disclaims beneficial ownership of these securities.

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^*

Bristow Claire H

(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)

	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	121,740	I	Claire Holding Bristow 2nd Amended and Restated Trust
Class A Common	03/02/2026		G		10	A	$0	8,655	I(1)	By spouse as Trustee for Peter M. Bristow 2nd Amended and Restated Trust Agreement
Class B Common	03/02/2026		G		168	A	$0	43,817	I	Claire Holding Bristow 2nd Amended and Restated Trust
Class A Common								30,000	D
Class A Common								42,078	I	By spouse as Trustee for Claire H. Bristow 2020 GRAT Family Trust
Class A Common								12,152	I	As Co-Trustee for Peter McDonald Bristow 2019 Irrevocable Family Trust
Class A Common								10,858	I	As beneficiary of a trust
Class A Common								14,500	I	By spouse as Trustee for Claire Holding Bristow 2018 Irrevocable Family Trust
Class A Common								6,106	I(1)	PMB Investments, LLC
Class A Common								2,154	I(1)	CRB Investments, LLC
Class A Common								2,045	I(1)	EHB Investments, LLC
Class A Common								19,041	I(1)	By spouse as trustee for PMB Trust 2011
Class A Common								19,041	I(1)	By spouse as trustee for CRB Trust 2011
Class A Common								19,041	I(1)	By spouse as trustee for EHB Trust 2011
Class B Common								40,014	I	By spouse as Trustee for Claire H. Bristow 2020 GRAT Family Trust
Class B Common								1,250	I	As beneficiary of trust
Class B Common								538	I(1)	By spouse as trustee for Peter M. Bristow 2nd Amended and Restated Trust
Class B Common								8,350	I(1)	PMB Investments, LLC
Class B Common								8,850	I(1)	CRB Investments, LLC
Class B Common								8,710	I(1)	EHB Investments, LLC
Depositary Shares(2)								41,285	I	Claire Holding Bristow 2nd Amended and Restated Trust
Class A Common								200,000	I	Claire Holding Bristow 2025 Qualified 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.

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.

	Claire H. Bristow, 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.
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 insider activity did Bristow-related entities report for FCNCA?

Entities tied to Claire H. Bristow reported bona fide gifts of First Citizens BancShares stock. Trusts associated with her disposed of small amounts of Class A and Class B Common shares and updated reported holdings across several family trusts and LLCs as of March 2, 2026.

How many First Citizens (FCNCA) shares were gifted in this Form 4?

The filing reports gifts of 10 Class A Common shares from the Claire Holding Bristow trust, 10 Class A Common shares from a spouse‑trustee account, and 168 Class B Common shares from the Claire trust, all recorded as bona fide gifts with a reported price of $0.00 per share.

Which types of First Citizens securities are involved in the Bristow Form 4?

The Form 4 covers Class A Common, Class B Common, and Depositary Shares of First Citizens BancShares. The reported bona fide gifts involve Class A and Class B Common, while Depositary Shares are reported as indirect holdings, representing interests in Series A preferred stock.

How are Bristow’s indirect First Citizens (FCNCA) holdings structured?

Indirect holdings are reported through multiple entities, including family trusts and LLCs. Examples include the Claire Holding Bristow 2nd Amended and Restated Trust and PMB, CRB, and EHB Investments LLCs, each showing specific post‑transaction share balances in Class A and Class B Common and Depositary Shares.

Does Claire H. Bristow claim beneficial ownership of the FCNCA shares reported?

A footnote states that Claire H. Bristow disclaims beneficial ownership of the reported securities. It also notes the report should not be deemed an admission of beneficial ownership for Section 16 of the Exchange Act or for any other purpose.

What does the Depositary Share disclosure mean for First Citizens investors?

The filing explains that each Depositary Share represents a 1/40th interest in a share of First Citizens’ 5.375% Non‑Cumulative Perpetual Preferred Stock, Series A. This clarifies the economic exposure of the reported Depositary Share holdings within the broader capital structure.