Form 4: Director Alemany Sells FCNCA Shares

Director Ellen R. Alemany reported transactions involving the sale of Class A Common stock in First Citizens Bancshares Inc. /DE/ on June 4, 2026.

Summary

• Director Ellen R. Alemany executed several transactions on June 4, 2026, involving the sale of First Citizens Bancshares Inc. Class A Common stock.
• These sales occurred at weighted average prices ranging from $2,033.32 to $2,052.43 per share.
• The total number of shares sold across these transactions is not explicitly summed but is detailed across multiple entries.
• Following these transactions, Ms. Alemany's beneficial ownership of Class A Common stock is reported as indirect in various trusts and GRATs, with specific amounts listed for each.
• Additionally, Ms. Alemany beneficially owns 30,000 shares of Class C Preferred Stock and 300 Depositary Shares, each representing a 1/100th interest in a share of the Issuer's 7% Non-Cumulative Perpetual Preferred Stock, Series D.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as having a neutral to slightly negative sentiment due to the director's sale of shares, although the specific reasons and context are not provided.

Negatives

• Director Ellen R. Alemany sold a significant number of Class A Common shares.
• The sales involved multiple transactions at varying prices, indicating a potentially strategic divestment.

Future Outlook

No forward-looking statements or guidance are present in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While this filing details sales by a director, it does not provide strategic or financial performance information that would typically influence broader industry trends or competitor analysis.

Stakeholder Impact

• Shareholders may view the director's sale of stock as a potential negative signal, although the reasons for the sale are not disclosed in this filing.
• The transactions do not appear to directly impact employees, customers, suppliers, or creditors based on the information provided.

Key Dates

Recommendation

This Form 4 filing reports insider sales by a director. While sales can be a negative indicator, without further context on the reasons for the sale (e.g., diversification, personal financial needs) or the company's overall financial health, a 'hold' recommendation is prudent. Investors should seek additional information before making a decision.

Keywords

Form 4, SEC Filing, Insider Trading, Stock Sale, Beneficial Ownership, Class A Common Stock, First Citizens Bancshares, FCNCA, Director Transactions, Ellen R. Alemany