FCNCA (FIRST CITIZENS) CEO adds Class B shares, updates GRAT holdings
Rhea-AI Filing Summary
First Citizens BancShares Chairman and CEO Frank B. Holding Jr. reported open-market purchases of a total of 225 shares of Class B Common Stock on June 4, 2026 at prices in the $1,700 range per share, bringing his directly owned Class B holdings to 63,326 shares. He also directly owns 206,942 shares of Class A Common Stock. Footnotes show that on June 5, 2026, 38,111 and 22,370 Class B shares and 4,825 Class A shares were distributed from various 2025 GRATs to him and continue to be reported as directly owned, while remaining shares in those GRATs and a Ruth P. Holding 2025 GRAT, as well as certain family and trust accounts, continue to be reported as indirectly owned, with beneficial ownership of some positions expressly disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 225 shares
Net Buy
30 txns
Insider
HOLDING FRANK B JR
Role
Chairman and CEO
Bought
225 shs ($394K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common | 3 | $1,712.99 | $5K |
| Purchase | Class B Common | 1 | $1,721.99 | $2K |
| Purchase | Class B Common | 1 | $1,727.99 | $2K |
| Purchase | Class B Common | 31 | $1,730.29 | $54K |
| Purchase | Class B Common | 35 | $1,731.99 | $61K |
| Purchase | Class B Common | 15 | $1,733.00 | $26K |
| Purchase | Class B Common | 26 | $1,734.00 | $45K |
| Purchase | Class B Common | 12 | $1,744.00 | $21K |
| Purchase | Class B Common | 15 | $1,765.00 | $26K |
| Purchase | Class B Common | 15 | $1,770.00 | $27K |
| Purchase | Class B Common | 6 | $1,775.00 | $11K |
| Purchase | Class B Common | 20 | $1,778.00 | $36K |
| Purchase | Class B Common | 45 | $1,779.99 | $80K |
| 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 | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Holdings After Transaction:
Class B Common — 63,547 shares (Direct);
Class A Common — 206,942 shares (Direct);
Class A Common — 11,140 shares (Indirect, As beneficiary of a trust);
Class A Common — 3,728 shares (Indirect, By Spouse);
Class A Common — 3,416 shares (Indirect, As custodian for James Freeman Bailey, Jr.);
Class A Common — 1,591 shares (Indirect, As custodian for Royall Holding Bailey);
Class A Common — 317 shares (Indirect, As custodian for Jones Powell Bailey);
Class A Common — 95,829 shares (Indirect, Frank B. Holding Jr. 2025 #1 GRAT);
Class A Common — 106,000 shares (Indirect, Frank B. Holding Jr. 2025 #2 GRAT);
Class A Common — 115,000 shares (Indirect, By Spouse as Trustee for the Ruth P. Holding 2025 GRAT);
Class B Common — 2,527 shares (Indirect, As beneficiary of a trust);
Class B Common — 9,160 shares (Indirect, By Spouse);
Class B Common — 4,957 shares (Indirect, As custodian for James Freeman Bailey, Jr.);
Class B Common — 4,800 shares (Indirect, As custodian for Royall Holding Bailey);
Class B Common — 5,158 shares (Indirect, As custodian for Jones Powell Bailey);
Class B Common — 0 shares (Indirect, Frank B. Holding Jr. 2025 #1 GRAT);
Class B Common — 9,780 shares (Indirect, Frank B. Holding Jr. 2025 #2 GRAT);
Class B Common — 24,300 shares (Indirect, By Spouse as Trustee for the Ruth P. Holding 2025 GRAT)
Footnotes (7)
- F1. On June 5, 2026, 38,111 shares of Class B Common Stock were distributed from the Frank B. Holding, Jr. 2025 GRAT #1 (the "GRAT") to the reporting person and continue to be reported in this Form 4 as directly owned.
- F2. On June 5, 2026, 22,370 shares of Class B Common Stock were distributed from the Frank B. Holding, Jr. 2025 GRAT #2 (the "GRAT") to the reporting person and continue to be reported in this Form 4 as directly owned, and the remaining 9,780 shares held by the GRAT continue to be reported in the Form 4 as indirectly owned.
- F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1,729.99 to $1,730.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (3) through (4) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1,779.97 to $1,780.00, inclusive.
- F5. On June 5, 2026, 4,825 shares of Class A Common Stock were distributed from the Frank B. Holding, Jr. 2025 GRAT #1 (the "GRAT") to the reporting person and continue to be reported in this Form 4 as directly owned, and the remaining 95,829 shares held by the GRAT continue to be reported in the Form 4 as indirectly owned.
- F6. 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.
- F7. On June 5, 2026, 8,000 shares of Class B Common Stock were distributed from the Ruth P. Holding 2025 GRAT (the "GRAT") to the reporting person's spouse and continue to be reported in this Form 4 as indirectly owned, and the remaining 24,300 shares held by the GRAT continue to be reported in the Form 4 as indirectly owned.
Key Figures
Class B shares purchased: 225 shares
Direct Class B holdings: 63,326 shares
Direct Class A holdings: 206,942 shares
+5 more
8 metrics
Class B shares purchased
225 shares
Open-market purchases on June 4, 2026
Direct Class B holdings
63,326 shares
Total directly owned after June 4, 2026 transactions
Direct Class A holdings
206,942 shares
Total directly owned as reported
Class B distribution from 2025 GRAT #1
38,111 shares
Distributed to reporting person on June 5, 2026
Class B distribution from 2025 GRAT #2
22,370 shares
Distributed to reporting person on June 5, 2026
Class A distribution from 2025 GRAT #1
4,825 shares
Distributed to reporting person on June 5, 2026
Remaining Class B in Ruth P. Holding 2025 GRAT
24,300 shares
Indirectly owned after June 5, 2026 distribution
Remaining Class A in 2025 GRAT #1
95,829 shares
Indirectly owned after June 5, 2026 distribution
Key Terms
GRAT, weighted average price, beneficial ownership, Section 16, +1 more
5 terms
GRAT financial
"2025 GRAT #1 (the "GRAT") to the reporting person and continue"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FCNCA Chairman Frank B. Holding Jr. report?
Frank B. Holding Jr. reported buying 225 shares of Class B Common Stock in open-market transactions on June 4, 2026. These purchases occurred at prices in the $1,700 range per share and increased his directly owned Class B position to 63,326 shares.