Form 4: First Citizens BancShares Insider Entity Buys Stock

Hope H. Bryant, Vice Chairwoman of First Citizens BancShares, reported an indirect purchase of 409 Class B Common Stock shares at $1,630 each through an associated entity.

Summary

• Hope H. Bryant, Vice Chairwoman and Director of First Citizens BancShares Inc. (FCNCA), reported a change in beneficial ownership.
• On August 7, 2025, 409 shares of Class B Common Stock were acquired indirectly through Twin States Farming, Inc.
• The acquisition price was $1,630 per share.
• Following this transaction, the indirect beneficial ownership of Class B Common Stock through Twin States Farming, Inc. is 1,764 shares.
• My direct beneficial ownership includes 108,725 Class A Common shares and 17 Class B Common shares.
• I also hold significant other indirect beneficial ownership across various entities and trusts, including 84,668 Class A Common shares via Hope H. Bryant 2023 GRAT, 101,818 Class A Common shares via Revocable Trust for Hope H. Bryant, and 192,063 Class A Common shares via Southern BancShares (N.C.), Inc. and subsidiary.
• Other indirect Class B Common holdings include 7,442 shares via Hope H. Bryant 2023 GRAT and 22,619 shares via Southern BancShares (N.C.), Inc.
• Indirect Depositary Shares holdings include 12,000 via Revocable Trust for Hope H. Bryant and 198,945 via Southern BancShares (N.C.), Inc.
• I disclaim beneficial ownership of shares held by certain entities and my spouse, except for my pecuniary interest.

Sentiment

Score: 7

Explanation: The purchase of company stock by an entity associated with a Vice Chairwoman and Director suggests strong confidence in First Citizens BancShares' valuation and future performance, which is typically a positive indicator for investors.

Positives

• An indirect purchase of company stock by an entity associated with a high-ranking executive (Vice Chairwoman and Director) can signal confidence in the company's future prospects.
• The acquisition of 409 Class B Common shares at $1,630 per share represents a significant investment by an entity linked to the insider.

Future Outlook

NA

Industry Context

This insider purchase by a key executive in the banking sector, particularly for a regional bank like First Citizens BancShares, could be interpreted by the market as a positive signal regarding the company's stability and growth prospects amidst broader economic conditions. Insider buying often suggests management believes the stock is undervalued or expects positive developments.

Related Party Transactions

• The filing details an indirect acquisition of 409 Class B Common shares by Twin States Farming, Inc., an entity where the reporting person, Hope H. Bryant, is a director, officer, manager, and/or shareholder. Following this transaction, Twin States Farming, Inc. holds 1,764 Class B Common shares indirectly attributable to Ms. Bryant.
• Other indirect beneficial ownership is reported through entities such as E&F Properties, Inc., Southern BancShares (N.C.), Inc., and Fidelity BancShares (N.C.), Inc., as well as through trusts (Hope H. Bryant 2023 GRAT, Revocable Trust for Hope H. Bryant, and another trust where she is a beneficiary) and by her spouse.
• The reporting person disclaims beneficial ownership of shares held by these entities and her spouse, except to the extent of her pecuniary interest.

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal of management's confidence in the company's future, potentially influencing investor sentiment and stock valuation.

Key Dates

Recommendation

The insider purchase by a key executive's associated entity is a positive signal of confidence in the company's prospects. However, a single transaction, while noteworthy, is not sufficient to warrant a 'buy' recommendation without a comprehensive review of the company's financial performance, market conditions, and strategic outlook. Investors should 'hold' and monitor further developments.

Keywords

First Citizens BancShares, FCNCA, Hope H. Bryant, Insider Trading, SEC Form 4, Stock Purchase, Beneficial Ownership, Banking, Financial Services, Director, Vice Chairwoman