Form 4: First Citizens BancShares Director and 10% Owner Increases Stake

Olivia Holding, a Director and 10% owner of First Citizens BancShares Inc., acquired additional Class B Common shares, reinforcing her significant beneficial ownership.

Summary

• Olivia Holding, identified as a Director and 10% owner of First Citizens BancShares Inc. (FCNCA), reported a transaction on July 29, 2025.
• The transaction involved the acquisition of 66 shares of Class B Common stock at a price of $1,735 per share.
• The shares were acquired indirectly through the Olivia B. Holding Revocable Trust.
• Following this transaction, Olivia Holding's total beneficial ownership includes approximately 153,961 shares of Class B Common stock, held indirectly through various trusts and entities.
• Total beneficial ownership also includes approximately 1,042,927 shares of Class A Common stock, held indirectly through various trusts and entities.
• Additionally, approximately 420,945 Depositary Shares are beneficially owned indirectly through various entities; each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A.
• The reporting person disclaims beneficial ownership of shares held by certain companies except to the extent of her pecuniary interest therein.

Sentiment

Score: 8

Explanation: The acquisition of shares by a significant insider (Director and 10% owner) is generally viewed as a strong positive signal, indicating confidence in the company's performance and valuation.

Positives

• A Director and 10% owner purchasing additional shares signals strong insider confidence in the company's current valuation and future prospects.

Future Outlook

N/A

Industry Context

N/A

Related Party Transactions

• The reporting person's beneficial ownership includes shares held indirectly through various trusts and entities (e.g., Olivia B. Holding Revocable Trust, Holding Properties, LLC, Southern BancShares (N.C.), Inc.), where she may have a director, officer, manager, or shareholder role, indicating a complex related-party ownership structure.

Stakeholder Impact

• Signals confidence to shareholders regarding the company's outlook and potential future performance.

Key Dates

Recommendation

The purchase of shares by a Director and 10% owner, Olivia Holding, indicates strong insider confidence in First Citizens BancShares' valuation and future performance, often seen as a bullish signal for investors.

Keywords

First Citizens BancShares, FCNCA, Insider Trading, Form 4, Beneficial Ownership, Stock Purchase, Director, 10% Owner, Financial Services, Banking