Form 4: Frank B. Holding Jr. Reports Gift of FCNCA Shares

Chairman and CEO Frank B. Holding Jr. reported the transfer of Class B Common shares of First Citizens BancShares via gift.

Summary

• Frank B. Holding Jr., Chairman and CEO of First Citizens BancShares, reported a series of gift transactions involving Class B Common stock on April 14, 2026.
• The transactions involved the transfer of 33 shares each to three separate custodial accounts for family members.
• The total number of shares gifted was 99, with a transaction price of $0, indicating a bona fide gift rather than a market sale.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents routine personal estate planning by an insider rather than a market-driven transaction.

Positives

• The transactions reflect internal family wealth planning and custodial management rather than a divestment of interest in the company.
• The reporting person maintains significant direct and indirect ownership stakes in both Class A and Class B common stock.

Negatives

• None identified; this is a routine disclosure of a non-market transaction.

Risks

• None identified; this filing relates to personal ownership changes and does not impact the company's operational risk profile.

Future Outlook

Not applicable; this is a retrospective disclosure of a personal transaction.

Industry Context

StockSavvy.ai notes that insider gift filings are common among long-standing banking families and typically do not signal a change in corporate strategy or outlook.

Comparison to Industry Standards

• The filing follows standard SEC Section 16(a) reporting requirements for executive officers and directors.

Related Party Transactions

• The reporting person transferred shares to custodial accounts for family members.

Stakeholder Impact

• No material impact on shareholders, employees, or customers.

Key Dates

Keywords

First Citizens BancShares, FCNCA, Insider Trading, Form 4, Frank B. Holding Jr., Beneficial Ownership