HOLDING FRANK B JR 4

What Happened Frank B. Holding Jr., listed as a 10% owner of First Citizens BancShares, purchased a total of 98 shares of FCNCA common stock in open-market transactions. The filings show purchases on March 17 (2 shares) and March 19 (92 shares and 4 shares) at $1,550.00 per share, totaling $151,900. These were purchases (acquisitions), which are generally interpreted as more informative to investors than routine sales.

Key Details

• Transaction dates and amounts:
  • 2026-03-17: Purchased 2 shares @ $1,550.00 = $3,100
  • 2026-03-19: Purchased 92 shares @ $1,550.00 = $142,600
  • 2026-03-19: Purchased 4 shares @ $1,550.00 = $6,200
• Total acquired: 98 shares for $151,900.
• Shares owned after transaction: Not specified in the reported data.
• Footnote: The reporting person disclaims beneficial ownership of these securities (Footnote F1).
• Filing: Form 4 was filed on 2026-03-19 reporting transactions through 2026-03-17; no late-filing flag was indicated on the form.

Context

• As a 10% owner, Holding is a significant shareholder rather than necessarily an operating executive; his purchases reflect insider-level buying but do not explain motivation.
• The footnote disclaiming beneficial ownership is a legal statement and may limit claims about control or voting—retail investors should treat it as a disclosure, not an explanation of intent.