HOLDING FRANK B JR 4

What Happened Frank B. Holding Jr., reported as a 10% owner of First Citizens BancShares Inc. (FCNCA), made open-market/private purchases and also transferred shares as gifts. On 2026-03-13 he acquired 134 shares at $1,550.00 each ($207,700) and 15 shares at $1,550.00 each ($23,250), for a total purchase of 149 shares costing $230,950. On 2026-03-17 he reported three gifts of 21 shares each (total 63 shares) with $0 consideration. Purchases are coded P; gifts are coded G.

Key Details

• Transaction dates and prices:
  • 2026-03-13: Purchase — 134 shares @ $1,550.00 = $207,700
  • 2026-03-13: Purchase — 15 shares @ $1,550.00 = $23,250
  • 2026-03-17: Gift — 21 shares @ $0.00 (three separate gifts; total 63 shares)
• Total purchased: 149 shares for $230,950. Total gifted: 63 shares.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: The reporting person disclaims beneficial ownership of these securities; the filing states it should not be taken as an admission of beneficial ownership.
• Filing timeliness: Form 4 was filed 2026-03-17 for transactions dated Mar 13 and Mar 17; this filing date appears to fall within the typical 2-business-day reporting window.

Context

• Purchases (P) are generally more informative to investors than gifts; the open-market/private purchases here represent a direct buy of stock. Gifts (G) are transfers and do not necessarily reflect the donor’s market view.
• As a reported 10% owner, Holding Jr.’s transactions are filings for a large owner rather than necessarily an executive’s routine compensation activity. The footnote disclaiming beneficial ownership may indicate complexity in ownership structure; it does not change the reported transactions.