Form 4: First Citizens BancShares CEO Frank Holding Jr. Reports Stock Transfers
SEC Filing
Frank B. Holding Jr., Chairman and CEO of First Citizens BancShares, reported the transfer of Class A and Class B Common Stock via gift on March 21, 2025.
Summary
- Frank B. Holding Jr., Chairman and CEO of First Citizens BancShares, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the gifting of Class A and Class B Common stock on March 21, 2025.
- The transactions involved the transfer of 264 shares of Class A Common stock and 200 shares of Class B Common stock.
- Holding also reported indirect ownership through various trusts and custodial accounts for family members.
- The reporting person disclaims beneficial ownership of these securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of stock transfer (gifting) of Class A and Class B Common stock. |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, First Citizens BancShares, FCNCA, Frank B. Holding Jr., Stock Transfer, Class A Common, Class B Common, Gifting
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