[Form 4] FIRST CITIZENS BANCSHARES INC /DE/ Insider Trading Activity

Rhea-AI Filing Summary

First Citizens BancShares (FCNCA) director Ellen R. Alemany reported buying 300 Depositary Shares of the company’s 7% Non-Cumulative Perpetual Preferred Stock, Series D on 11/13/2025 at a price of $1,000 per Depositary Share. Each Depositary Share represents a 1/100th interest in a share of this preferred series. Following this purchase, she holds these 300 Depositary Shares directly, along with 30,000 shares of Class C Preferred Stock held directly.

She also reports indirect holdings of Class A Common Stock through several family trusts and grantor retained annuity trusts, including 4,559 shares in a Family GST Exempt Trust, 4,350 shares in a Family Non-GST Exempt Trust, 2,295 shares in the Alemany March 2024 GRAT #1, 1,325 shares in the Alemany August 2024 GRAT #1, and 4,716 shares in the Alemany September 2025 GRAT #1.

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^*

Alemany Ellen R

(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)
11/13/2025

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
Depositary Shares(1)	11/13/2025		P		300	A	$1,000	300	D
Class A Common								0(2)(3)(4)(5)	D
Class A Common								4,559	I	Family GST Exempt Trust
Class A Common								4,350	I	Family Non-GST Exempt Trust
Class A Common								2,295(3)	I	Alemany March 2024 GRAT #1
Class A Common								1,325(2)(4)	I	Alemany August 2024 GRAT #1
Class A Common								4,716(5)	I	Alemany September 2025 GRAT #1
Class C Preferred Stock								30,000	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:

1. Each Depositary Share represents a 1/100th interest in a share of the Issuer's 7% Non-Cumulative Perpetual Preferred Stock, Series D.

2. On August 7, 2024, the reporting person contributed 2,570 shares of Class A Common Stock held directly by her to a new grantor retained annuity trust (the "Alemany August 2024 GRAT #1," of which she serves as trustee), which shares continued to be reported as indirectly owned.

3. On June 6, 2025, 1,690 shares of Class A Common Stock were distributed from the Alemany March 2024 GRAT #1 (the "GRAT," of which she serves as trustee) to the reporting person and the remaining 2,295 shares held by the GRAT continue to be reported in this Form 4 as indirectly owned.

4. On September 8, 2025, 1,240 shares of Class A Common Stock were distributed from the Alemany August 2024 GRAT #1 (the "GRAT," of which she serves as trustee) to the reporting person, and on September 10, 2025, 5 shares of Class A Common Stock were distributed from the GRAT to the reporting person. The remaining 1,325 shares held by the GRAT continue to be reported in this Form 4 as indirectly owned.

5. On September 15, 2025, the reporting person contributed 4,716 shares of Class A Common Stock held directly by her to a new grantor retained annuity trust (the "Alemany September 2025 GRAT #1," of which she serves as trustee), which shares continue to be reported in this Form 4 as indirectly owned.

	Ellen R. Alemany, By: E. Knox Proctor V , Attorney-in-fact	11/17/2025
	** 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.

FAQ

What insider transaction did FCNCA director Ellen R. Alemany report?

Ellen R. Alemany reported purchasing 300 Depositary Shares of First Citizens BancShares’ 7% Non-Cumulative Perpetual Preferred Stock, Series D on 11/13/2025.

What price did Ellen R. Alemany pay per FCNCA Depositary Share?

She reported a purchase price of $1,000 per Depositary Share for the 300 Depositary Shares of Series D preferred stock.

What do the FCNCA Depositary Shares reported by Ellen R. Alemany represent?

Each Depositary Share represents a 1/100th interest in a share of First Citizens BancShares’ 7% Non-Cumulative Perpetual Preferred Stock, Series D.

What direct holdings does Ellen R. Alemany report in FCNCA preferred stock?

She reports holding 300 Depositary Shares of Series D preferred stock directly and 30,000 shares of Class C Preferred Stock directly.

What indirect Class A Common holdings in FCNCA does Ellen R. Alemany report?

She reports indirect Class A Common holdings including 4,559 shares in a Family GST Exempt Trust, 4,350 shares in a Family Non-GST Exempt Trust, 2,295 shares in the Alemany March 2024 GRAT #1, 1,325 shares in the Alemany August 2024 GRAT #1, and 4,716 shares in the Alemany September 2025 GRAT #1.

What is Ellen R. Alemany’s relationship to First Citizens BancShares (FCNCA)?

The filing identifies Ellen R. Alemany as a Director of First Citizens BancShares, Inc.