First Citizens CEO buys Class B FCNCA shares
First Citizens BancShares Chairman and CEO Frank B. Holding Jr. reported open-market purchases of Class B Common stock.
Rhea-AI Filing Summary
First Citizens BancShares Chairman and CEO Frank B. Holding Jr. reported open-market purchases of Class B Common stock. He bought 92 shares directly and 6 shares through the Frank B. Holding Jr. 2025 #1 GRAT on March 17 and March 19, 2026 at $1,550 per share, for 98 shares in total.
After these trades, his direct Class B holdings were 2,841 shares, while the 2025 #1 GRAT held 32,171 Class B shares. The filing also lists substantial Class A and additional Class B holdings held directly and through trusts, spouse and custodial accounts, such as 202,117 Class A shares held directly as of March 17, 2026. The report includes a disclaimer that he disclaims beneficial ownership of certain indirect positions.
Positive
- None.
Negative
- None.
Insights
CEO makes a modest open-market net share purchase, a mildly supportive but routine signal.
The filing shows Frank B. Holding Jr. executing open-market purchases of 98 Class B Common shares at $1,550 each across direct and GRAT accounts. Open-market buying by a chair/CEO often reflects confidence, but the size appears small relative to the broad holdings listed.
The document also details large direct and indirect Class A and B positions across trusts, spouse and custodial accounts, with some interests disclaimed. Without percent-of-company figures, the transactions look incremental rather than thesis-changing. Future company filings may clarify how these holdings evolve over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common | 92 | $1,550.00 | $143K |
| Purchase | Class B Common | 4 | $1,550.00 | $6K |
| Purchase | Class B Common | 2 | $1,550.00 | $3K |
| 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 | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
What insider transactions did FCNCA CEO Frank B. Holding Jr. report?
What indirect FCNCA holdings are shown for the CEO in this filing?
What Class A FCNCA holdings does the CEO report directly owning?
AI-generated analysis. How Rhea-AI works. Not financial advice.
