Form 4: First Citizens Bancshares Insider Gifts Shares

First Citizens Bancshares director reports small share gift.

Summary

• Olivia Britton Holding, a Director and 10% Owner of First Citizens Bancshares Inc. /DE/ (FCNCA), reported a transaction.
• The transaction involved the disposal of 6 Class A Common shares via gift (Transaction Code G).
• The reported transaction date is December 17, 2025.
• Following this transaction, Olivia Britton Holding beneficially owns a significant number of shares, both directly and indirectly.
• Direct ownership includes 537,661 Class A Common shares.
• Indirect ownership includes Class A Common shares through various entities: 10,544 as beneficiary of a trust, 12,152 as Co-Trustee of P. M. Bristow 2019 Irr Family Trust, 2,675 by Holding Properties, LLC, 827 by E&F Properties, Inc., 12,530 by Twin States Farming, Inc., 192,063 by Southern BancShares (N.C.), Inc and subsidiary, 174,469 by YVC Holdings, Inc., and 100,000 by Fidelity BancShares (N.C.), Inc.
• Indirect ownership also includes Class B Common shares: 121,926 by Olivia B. Holding Revocable Trust, 1,225 as beneficiary of a trust, 2,156 by Holding Properties, LLC, 200 by E&F Properties, Inc., 1,764 by Twin States Farming, Inc., 22,619 by Southern BancShares (N.C.), Inc., and 4,480 by YVC Holdings, Inc.
• Additionally, indirect ownership includes Depositary Shares: 22,000 by Holding Properties, LLC, 198,945 by Southern BancShares (N.C.), Inc., and 200,000 by Fidelity BancShares (N.C.), Inc.
• Each Depositary Share represents a 1/40th interest in a share of the Issuer's 5.375% Non-Cumulative Perpetual Preferred Stock, Series A.

Sentiment

Score: 5

Explanation: Neutral. A small insider gift transaction of 6 shares has a negligible impact on overall company sentiment or valuation.

Positives

• The filing provides transparency regarding insider shareholdings and transactions, which is beneficial for market integrity.

Negatives

• No specific negative implications for the company's operations or financial health are indicated by this de minimis transaction.

Risks

• The reporting person disclaims beneficial ownership of indirectly held shares except to the extent of her pecuniary interest, which could introduce complexity in assessing full insider exposure for Section 16 purposes.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The filing details indirect beneficial ownership of Class A Common, Class B Common, and Depositary Shares through various entities including Olivia B. Holding Revocable Trust, P. M. Bristow 2019 Irr Family Trust, Holding Properties, LLC, E&F Properties, Inc., Twin States Farming, Inc., Southern BancShares (N.C.), Inc and subsidiary, YVC Holdings, Inc., and Fidelity BancShares (N.C.), Inc.

Stakeholder Impact

• Minimal impact on shareholders due to the de minimis nature of the transaction (6 shares).

Key Dates

Keywords

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