First Citizens CEO buys 335 Class B shares
FIRST CITIZENS BANCSHARES INC /DE/ chairman and CEO Frank B. Holding Jr., a more than 10% owner, reported a series of open-market purchases of Class B Common Stock on June 5, 2026.
Rhea-AI Filing Summary
FIRST CITIZENS BANCSHARES INC /DE/ chairman and CEO Frank B. Holding Jr., a more than 10% owner, reported a series of open-market purchases of Class B Common Stock on June 5, 2026. He bought a total of 335 Class B shares at reported prices ranging from about $1,860 to $1,998 per share across multiple small trades, bringing his directly held Class B position to 64,160 shares.
The Form 4 also updates indirect holdings in both Class A and Class B shares through spouse accounts, grantor retained annuity trusts, custodial accounts for family members, and a trust where he is a beneficiary. The filing notes that beneficial ownership of certain of these indirect holdings is disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 335 shares
Net Buy
30 txns
Insider
HOLDING FRANK B JR
Role
Chairman and CEO
Bought
335 shs ($643K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common | 60 | $1,860.00 | $112K |
| Purchase | Class B Common | 1 | $1,879.48 | $2K |
| Purchase | Class B Common | 12 | $1,886.00 | $23K |
| Purchase | Class B Common | 3 | $1,890.00 | $6K |
| Purchase | Class B Common | 111 | $1,898.00 | $211K |
| Purchase | Class B Common | 2 | $1,899.00 | $4K |
| Purchase | Class B Common | 21 | $1,920.00 | $40K |
| Purchase | Class B Common | 1 | $1,927.40 | $2K |
| Purchase | Class B Common | 3 | $1,940.40 | $6K |
| Purchase | Class B Common | 25 | $1,950.00 | $49K |
| Purchase | Class B Common | 43 | $1,970.00 | $85K |
| Purchase | Class B Common | 26 | $1,990.00 | $52K |
| Purchase | Class B Common | 1 | $1,993.96 | $2K |
| Purchase | Class B Common | 26 | $1,997.97 | $52K |
| holding | Class A Common | -- | -- | -- |
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| holding | Class B Common | -- | -- | -- |
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| holding | Class B Common | -- | -- | -- |
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Holdings After Transaction:
Class B Common — 64,435 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 — 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 (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1,885.99 to $1,886.00, 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 (1) through (3) to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1,989.99 to $1,990.00, inclusive.
- F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1,997.23 to $1,998.00, inclusive.
- F4. 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.
Key Figures
Class B shares purchased: 335 shares
Purchase price range: $1,860–$1,998 per share
Direct Class B holdings: 64,160 shares
+4 more
7 metrics
Class B shares purchased
335 shares
Open-market buys on June 5, 2026
Purchase price range
$1,860–$1,998 per share
Reported transaction and footnote price ranges
Direct Class B holdings
64,160 shares
Total Class B Common directly held after transactions
Direct Class A holdings
206,942 shares
Class A Common directly held as reported
Indirect Class B holdings (example)
24,300 shares
Held by spouse as trustee for Ruth P. Holding 2025 GRAT
Indirect Class A holdings (example)
115,000 shares
Held by spouse as trustee for Ruth P. Holding 2025 GRAT
Net buy shares
335 shares
Net-buy direction in transaction summary
Key Terms
open-market purchase, weighted average price, grantor retained annuity trust, beneficial ownership, +1 more
5 terms
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.
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.
grantor retained annuity trust financial
"Ruth P. Holding 2025 GRAT"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
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.
net-buy financial
"netBuySellDirection: net-buy"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FCNCA chairman and CEO Frank B. Holding Jr. report?
Frank B. Holding Jr. reported multiple open-market purchases of Class B Common Stock totaling 335 shares on June 5, 2026. These small trades were executed at various prices and modestly increased his direct Class B holdings.
Does the FCNCA Form 4 indicate any sales or only insider purchases?
The Form 4 reflects net buying activity, with 335 Class B shares purchased and no reported sales. Additional entries relate to indirect holdings and do not indicate buy or sell transactions for those accounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
