Form 4: First Citizens BancShares Director Alemany Reports Stock Transaction

Director Ellen R. Alemany reports the disposition of 2,233 shares of First Citizens BancShares Class A Common stock on July 5, 2024.

Summary

• On July 5, 2024, Ellen R. Alemany, a director of First Citizens BancShares, reported a transaction involving Class A Common stock.
• The transaction involved the disposition of 2,233 shares at a price of $1,692.55.
• Following the transaction, Alemany directly owns 4,351 shares of Class A Common stock.
• Alemany also indirectly owns shares through family trusts and a GRAT.
• Specifically, 4,559 shares are held in a Family GST Exempt Trust, 4,350 in a Family Non-GST Exempt Trust, and 3,985 in a March 2024 GRAT #1.
• Alemany directly owns 30,000 shares of Class C Preferred Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transaction may have a minor impact on shareholders, as it reflects an insider's decision to sell a portion of their holdings.

Key Dates