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

Carson H. Brice filed a Form 4 disclosing changes in beneficial ownership of First Citizens BancShares Inc. stock, including indirect holdings through trusts and family members.

Summary

• On March 6, 2024, Carson H. Brice reported changes in beneficial ownership of First Citizens BancShares Inc. (FCNCA) stock.
• The report indicates both direct and indirect ownership of Class A and Class B Common stock.
• A transaction occurred on March 6, 2024, code 'G' acquiring 75 Class A Common shares at an unspecified price.
• Following the reported transaction, Brice directly owns 99,635 shares of Class B Common stock.
• Brice also has indirect ownership through various trusts, a GRAT, as custodian for children, and as a beneficiary of a trust.
• The reporting person disclaims beneficial ownership of certain securities held in trusts and by family members.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports changes in stock ownership.

Industry Context

This filing is a routine disclosure required by the SEC for individuals with significant ownership in publicly traded companies. It provides transparency into the trading activities of insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It helps maintain investor confidence by ensuring compliance with securities regulations.

Key Dates