Form 4: FCNCA Director Gifts Shares to Family Trusts

First Citizens Bancshares Director Carson H. Brice reported gifting Class A and Class B common shares to various family trusts and individuals.

Summary

• Carson H. Brice, a Director and 10% Owner of First Citizens Bancshares Inc. (FCNCA), reported several gift transactions of Class A and Class B Common stock.
• On January 9, 2026, 267 Class A Common shares were disposed of by gift from the Carson Holding Brice Revocable Trust, reducing its indirect beneficial ownership to 235,921 shares.
• On January 12, 2026, an additional 68 Class A Common shares were disposed of by gift from the Carson Holding Brice Revocable Trust, further reducing its indirect beneficial ownership to 235,853 shares.
• On January 9, 2026, 250 Class A Common shares were acquired by gift indirectly by spouse, bringing total indirect ownership by spouse to 890 shares.
• On January 12, 2026, 17 Class A Common shares were acquired by gift for the Brice Trust fbo Stephen B. Brice, bringing its indirect ownership to 99,147 shares.
• On January 12, 2026, 17 Class A Common shares were acquired by gift for the Brice Trust fbo Elizabeth M. Brice, bringing its indirect ownership to 99,746 shares.
• On January 12, 2026, 17 Class A Common shares were acquired by gift for the Brice Trust fbo Cordelia A. Brice, bringing its indirect ownership to 99,746 shares.
• The reporting person disclaims beneficial ownership of securities held by her spouse, as custodian for her children, and by trusts for her children where she does not serve as trustee or have investment control.
• On October 28, 2025, 44,940 shares of Class B Common held by her revocable trust were contributed to a new grantor retained annuity trust (Carson Holding Brice 2025 GRAT), of which she serves as trustee.

Sentiment

Score: 5

Explanation: Neutral, as the filing reports routine insider gifting transactions with no direct impact on company operations or financial performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Gifts of Class A Common shares to a spouse (250 shares on 01/09/2026).
• Gifts of Class A Common shares to trusts for the benefit of Stephen B. Brice, Elizabeth M. Brice, and Cordelia A. Brice (17 shares each on 01/12/2026).
• Contribution of 44,940 Class B Common shares from the reporting person's revocable trust to the Carson Holding Brice 2025 GRAT, where she serves as trustee.

Stakeholder Impact

• Shareholders: Provides transparency regarding insider ownership changes, specifically gifts, which do not represent a cash sale.
• Family/Trust Beneficiaries: Direct recipients of the gifted shares, increasing their beneficial ownership in the company.

Key Dates

Keywords

FCNCA, insider transaction, Form 4, beneficial ownership, stock gift, director, Class A Common, Class B Common, trust