First Citizens (NASDAQ: FCNCA) CEO adds to Class B share stake

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.

Insights

Equity market & governance analyst

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.

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

OMB APPROVAL

OMB Number:			3235-0287
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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 NORTH CAROLINA 27609

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 B Common	03/19/2026		P		92	A	$1,550	2,841	D
Class B Common	03/17/2026		P		2	A	$1,550	32,167	I	Frank B. Holding Jr. 2025 #1 GRAT
Class B Common	03/19/2026		P		4	A	$1,550	32,171	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								3,416	I(1)	As custodian for James Freeman Bailey, Jr.
Class A Common								1,591	I(1)	As custodian for Royall Holding Bailey
Class A Common								317	I(1)	As custodian for Jones Powell Bailey
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	03/19/2026
	** 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).
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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Frank B. Holding Jr. reported open-market purchases of 98 shares of First Citizens BancShares Class B Common stock at $1,550 per share. These included 92 shares bought directly and 6 shares through the Frank B. Holding Jr. 2025 #1 GRAT on March 17 and March 19, 2026.

How many FCNCA Class B shares does the CEO hold after these trades?

After the reported trades, Frank B. Holding Jr. directly holds 2,841 shares of First Citizens BancShares Class B Common stock. The Frank B. Holding Jr. 2025 #1 GRAT holds 32,171 Class B shares, reflecting the updated position following the 6-share open-market purchases disclosed in the filing.

At what price did the FCNCA CEO buy Class B shares in this Form 4?

The reported First Citizens BancShares Class B Common purchases were made at $1,550 per share. Frank B. Holding Jr. bought 92 shares directly and 6 shares via a 2025 #1 GRAT, all at this price, across transactions dated March 17 and March 19, 2026.

What indirect FCNCA holdings are shown for the CEO in this filing?

The filing lists significant indirect First Citizens BancShares positions held through trusts, GRATs, spouse and custodial accounts. Examples include 106,000 Class A shares in each of the 2025 #1 and #2 GRATs and 115,000 Class A shares held by his spouse as trustee of the Ruth P. Holding 2025 GRAT.

Does the FCNCA CEO claim full beneficial ownership of all reported shares?

No. The filing states that Frank B. Holding Jr. disclaims beneficial ownership of certain securities. This standard disclaimer means the report should not be taken as an admission that he is the beneficial owner of all indirectly held shares for Section 16 or other purposes.

What Class A FCNCA holdings does the CEO report directly owning?

The Form 4 shows Frank B. Holding Jr. directly holding 202,117 shares of First Citizens BancShares Class A Common stock as of March 17, 2026. Additional Class A holdings are reported indirectly through trusts, spouse and custodial relationships, each with separately stated share amounts and ownership descriptions.