First Citizens (FCNCA) CEO buys Class B shares and makes stock gifts

Rhea-AI Filing Summary

First Citizens BancShares Chairman and CEO Frank B. Holding Jr. reported both purchases and gifts of company stock. On March 13, 2026, he made open-market purchases of 149 shares of Class B Common at $1,550 per share, including 134 shares held directly and 15 shares held indirectly through the Frank B. Holding Jr. 2025 #1 GRAT. After these trades, the filing shows 2,749 Class B shares held directly and 32,165 Class B shares held indirectly in that GRAT.

On March 17, 2026, custodial accounts for three family members each transferred 21 shares of Class A Common as bona fide gifts, reducing those custodial positions to 3,416, 1,591 and 317 shares respectively. The report also lists additional direct and indirect Class A and Class B holdings in various trusts and by his spouse, and includes a footnote stating that Holding Jr. disclaims beneficial ownership of certain securities reported.

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^*

HOLDING FRANK B JR

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/17/2026		G		21	A	$0	3,416	I(1)	As custodian for James Freeman Bailey, Jr.
Class A Common	03/17/2026		G		21	A	$0	1,591	I(1)	As custodian for Royall Holding Bailey
Class A Common	03/17/2026		G		21	A	$0	317	I(1)	As custodian for Jones Powell Bailey
Class B Common	03/13/2026		P		134	A	$1,550	2,749	D
Class B Common	03/13/2026		P		15	A	$1,550	32,165	I	Frank B. Holding Jr. 2025 #1 GRAT
Class A Common								202,117	D
Class A Common								11,140	I	As beneficiary of a trust
Class A Common								3,728	I(1)	By Spouse
Class A Common								106,000	I	Frank B. Holding Jr. 2025 #1 GRAT
Class A Common								106,000	I	Frank B. Holding Jr. 2025 #2 GRAT
Class A Common								115,000	I(1)	By Spouse as Trustee for the Ruth P. Holding 2025 GRAT
Class B Common								2,527	I	As beneficiary of a trust
Class B Common								1,160	I(1)	By Spouse
Class B Common								4,891	I(1)	As custodian for James Freeman Bailey, Jr.
Class B Common								4,734	I(1)	As custodian for Royall Holding Bailey
Class B Common								5,092	I(1)	As custodian for Jones Powell Bailey
Class B Common								32,150	I	Frank B. Holding Jr. 2025 #2 GRAT
Class B Common								32,300	I(1)	By Spouse as Trustee for the Ruth P. Holding 2025 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.

	Frank B. Holding, Jr., By: E. Knox Proctor V, Attorney-in-fact	03/17/2026
	** 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).
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FAQ

What insider transactions did FCNCA Chairman and CEO Frank B. Holding Jr. report?

Frank B. Holding Jr. reported open-market purchases of Class B Common and gifts of Class A Common. The filing details 149 Class B shares bought at $1,550 per share and three bona fide gifts of 21 Class A shares each from custodial accounts for family members.

How many First Citizens (FCNCA) shares did the CEO buy and at what price?

He bought 149 shares of Class B Common at $1,550 per share. This includes 134 shares held directly and 15 shares held indirectly through the Frank B. Holding Jr. 2025 #1 GRAT, with updated post-transaction Class B balances shown for each account.

What gifts of First Citizens Class A Common stock were disclosed in the Form 4?

Three custodial accounts each transferred 21 shares of Class A Common as bona fide gifts. After these transactions, the accounts for James Freeman Bailey Jr., Royall Holding Bailey, and Jones Powell Bailey held 3,416, 1,591, and 317 Class A shares respectively, all reported as indirect holdings.

What are the CEO’s reported Class B Common holdings after these FCNCA transactions?

After the reported trades, the filing shows 2,749 Class B shares held directly by Frank B. Holding Jr. It also lists 32,165 Class B shares held indirectly through the Frank B. Holding Jr. 2025 #1 GRAT, along with several other indirect Class B positions in trusts and family accounts.

How are trusts and GRATs involved in Frank B. Holding Jr.’s FCNCA holdings?

Several reported positions are held indirectly through trusts and grantor retained annuity trusts (GRATs). Examples include large Class A and Class B Common holdings in the Frank B. Holding Jr. 2025 #1 GRAT and #2 GRAT, plus additional trust positions where he is a beneficiary or his spouse is a trustee.

Does the Form 4 say the FCNCA CEO is the beneficial owner of all reported shares?

No. A footnote states that the reporting person disclaims beneficial ownership of certain securities. It clarifies that the report should not be deemed an admission that he is the beneficial owner for purposes of Section 16 of the Exchange Act or for any other purpose.