Insider at First Citizens (NASDAQ: FCNCA) buys Class A shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST CITIZENS BANCSHARES INC /DE/ director Ralph Mattox Snow III increased his direct holdings through a small open-market purchase. On March 5, 2026, he bought 11 shares of Class A Common stock at an average price of $1,944.2225 per share. After this transaction, his direct ownership rose to 121 Class A Common shares, reflecting a net increase in his personal stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11 shares ($21,386)
Net Buy
1 txn
Insider
Snow Ralph Mattox III
Role
Director
Bought
11 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common | 11 | $1,944.2225 | $21K |
Holdings After Transaction:
Class A Common — 121 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did FCNCA director Ralph Mattox Snow III report?
Ralph Mattox Snow III reported an open-market purchase of First Citizens BancShares Class A Common stock. He bought 11 shares on March 5, 2026, increasing his direct holdings to 121 shares following the transaction disclosed in the Form 4 filing.
Was the FCNCA insider transaction a purchase or a sale?
The reported insider transaction was a purchase. Ralph Mattox Snow III executed an open-market buy of 11 shares of First Citizens BancShares Class A Common stock, as indicated by transaction code P and the “open-market purchase” description.
What does transaction code P mean in the FCNCA Form 4 filing?
Transaction code P indicates a purchase in an open-market or private transaction. In this filing, it shows that Ralph Mattox Snow III acquired 11 shares of First Citizens BancShares Class A Common stock through an open-market buy on March 5, 2026.
Is the FCNCA Form 4 transaction held directly or indirectly by the insider?
The shares from this transaction are held directly by the insider. The Form 4 lists the ownership type as direct, with the direct_or_indirect code D and no footnotes indicating any intermediary entity or indirect ownership structure.