Form 4: First Citizens BancShares Director Reports Stock Transfers
SEC Form 4 Filing
Victor E. Bell III, a director at First Citizens BancShares, reported the transfer of shares to trusts and other entities in a recent Form 4 filing.
Summary
- On March 11, 2025, Victor E. Bell III, a director of First Citizens BancShares Inc., reported transactions involving Class A Common stock.
- The transactions involved the transfer of 10 shares to a direct holding and 10 shares from a direct holding.
- Following the reported transactions, Bell directly owns 407 shares of Class A Common stock.
- Bell also indirectly owns shares through various trusts and entities, including 1,366 shares as Trustee of Trust for Children of Victor E. Bell III & Mary Grady Koone Bell, 673 shares through Marjan Ltd. Restated Profit Sharing Plan, 679 shares as Trustee of Victor E. Bell Trust IV, 1,604 shares as Trustee of Victor E. and Jane McNair Bell Trust VI, and 2,171 shares through Victor E. Bell Jr. and Jane McNaire Bell Family Foundation.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2022-01-25 | Date of Limited Power of Attorney execution. |
| 2025-03-11 | Date of the stock transactions reported in Form 4. |
| 2025-03-12 | Date of signature for the Form 4 filing. |
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