Form 4: Director Brice Gifts FCNCA Shares

Carson H. Brice, a Director and 10% Owner of First Citizens Bancshares, reported gifting 125 Class A Common shares.

Summary

• Carson H. Brice, a Director and 10% Owner of First Citizens Bancshares Inc. /DE/ (FCNCA), reported a transaction on September 26, 2025.
• The transaction involved the disposition of 125 shares of Class A Common stock as a gift (transaction code 'G') at a price of $0.
• Following this transaction, Brice directly owns 236,188 shares of Class A Common stock.
• Brice also reported various indirect holdings, including shares held by a revocable trust, by spouse, as custodian for children, and as beneficiary of other trusts.
• Beneficial ownership is disclaimed for shares held by spouse, as custodian for children, and by trusts where Brice does not serve as trustee or have investment control.

Sentiment

Score: 5

Explanation: The filing is a standard Form 4 reporting a gift of shares by an insider, which is a neutral event for the company's operational or financial performance.

Future Outlook

NA

Management Comments

• 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.
• The listed shares are held by a trust for the benefit of the Reporting Person's children. The Reporting person does not serve as trustee of or have or share investment control over the Issuer's shares held by the trust, she disclaims beneficial ownership of the shares held by the trust, and this report shall not be deemed an admission that the Reporting Perrson is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.

Industry Context

NA

Related Party Transactions

• Indirect beneficial ownership includes shares held by Carson Holding Brice Revocable Trust, by spouse, and as custodian for Stephen, Cordelia, and Elizabeth Brice.
• Shares are also held by Brice Trusts for the benefit of Stephen B. Brice, Elizabeth M. Brice, and Cordelia A. Brice.

Key Dates

Recommendation

The filing is a routine insider transaction report detailing a gift of shares. It does not contain information that would warrant a change in investment recommendation for First Citizens Bancshares Inc. /DE/.

Keywords

First Citizens Bancshares, FCNCA, Carson H. Brice, SEC Form 4, Beneficial Ownership, Insider Transaction, Stock Gift, Director, 10% Owner