Form 4: First Citizens Bancshares Director Gifts Shares

Claire H. Bristow, a Director and 10% owner of First Citizens Bancshares, reported gifting 120 Class A Common shares.

Summary

• Claire H. Bristow, a Director and 10% owner of First Citizens Bancshares Inc. (FCNCA), reported a disposition of Class A Common stock.
• On November 21, 2025, Bristow gifted 60 shares of Class A Common stock directly.
• Additionally, on the same date, 60 shares of Class A Common stock were gifted indirectly by Bristow's spouse as Trustee for the Peter M. Bristow 2nd Amended and Restated Trust Agreement.
• Both transactions were reported with a price of $0, indicating a gift.
• Following these transactions, Bristow continues to beneficially own a substantial number of shares across various direct and indirect holdings, including 30,000 Class A Common shares directly and 121,730 Class A Common shares indirectly through the Claire Holding Bristow 2nd Amended and Restated Trust.
• Total beneficial ownership includes various Class A Common, Class B Common, and Depositary Shares held directly and through multiple trusts and investment entities.

Sentiment

Score: 5

Explanation: This is a routine insider transaction report (Form 4) detailing a gift of shares, which is generally neutral for the company's operational or financial performance.

Related Party Transactions

• Gift of 60 Class A Common shares by spouse as Trustee for Peter M. Bristow 2nd Amended and Restated Trust Agreement.
• Beneficial ownership includes shares held indirectly through various family trusts and investment entities, such as Claire Holding Bristow 2nd Amended and Restated Trust, Claire H. Bristow 2020 GRAT Family Trust, Peter McDonald Bristow 2019 Irrevocable Family Trust, and PMB/CRB/EHB Investments, LLCs.

Stakeholder Impact

• Minimal impact on shareholders due to the small number of shares gifted relative to the company's total outstanding shares.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

First Citizens Bancshares, FCNCA, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Director