Form 4: First Citizens BancShares Director Peter Bristow Reports Transaction

Sentiment:

SEC Filing


Peter Bristow, a director at First Citizens BancShares, filed a Form 4 disclosing a transaction and beneficial ownership of various securities.

Summary

  • Peter Bristow, a director, officer (President), and 10% owner of First Citizens BancShares, filed a Form 4.
  • The filing reports a transaction on March 8, 2024, and details Mr. Bristow's beneficial ownership of Class A Common Stock, Class B Common Stock, and Depositary Shares.
  • Mr. Bristow's reported beneficial ownership includes direct and indirect holdings through various trusts and investment entities.
  • He disclaims beneficial ownership of certain securities, stating the report should not be deemed an admission of beneficial ownership for Section 16 purposes.

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 corporate insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the transactions of a key insider.

Key Dates

DateDescription
03/06/2024Date of Earliest Transaction
03/07/2024Signature Date
03/08/2024Transaction Date

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