Form 4: Carson Brice Reports Changes in Beneficial Ownership of First Citizens BancShares Inc. Stock

Carson H. Brice, a director of First Citizens BancShares Inc., reported changes in beneficial ownership of the company's Class A and Class B common stock due to gifts.

Summary

• On September 4, 2024, Carson H. Brice reported changes in their beneficial ownership of First Citizens BancShares Inc. stock.
• The changes involve Class A and Class B common stock.
• The transactions were gifts (Transaction Code G).
• The reporting person disclaims beneficial ownership of certain securities held in trusts and by their spouse and as custodian for children, and the report should not be deemed an admission of beneficial ownership.
• Following the reported transactions, Brice directly owns 99,635 shares of Class B Common stock.
• Brice indirectly owns a significant number of Class A and Class B shares through various trusts, spousal holdings, and custodial accounts.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock ownership and transactions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of a company director.
• The transactions themselves (gifts) are unlikely to have a significant impact on stakeholders.

Key Dates