HOLDING FRANK B JR 4
Research Summary
AI-generated summary
First Citizens (FCNCA) 10% Owner Frank B. Holding Jr. Gifts 99 Shares
What Happened Frank B. Holding Jr., a reported 10% owner of First Citizens Bancshares Inc. (FCNCA), made three gifts of common stock on April 10, 2026. Each gift was 33 shares (three separate entries), for a total of 99 shares, with an acquisition price reported as $0.00 (gifts, so no proceeds received).
Key Details
- Transaction date: April 10, 2026 (three separate gift entries of 33 shares each).
- Price: $0.00 per share (G = Gift); total shares gifted = 99; no cash received.
- Filing date / report accession: Form filed April 14, 2026 (reports the Apr 10 transactions).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: The reporting person disclaims beneficial ownership of these securities (Footnote F1).
- No indication in the filing that these were part of a trading plan (e.g., 10b5‑1) or that taxes/withholding were involved.
Context Gifts of stock are transfers for estate planning, charitable, or personal reasons and do not necessarily signal the insider’s view of the company’s prospects. As a 10% owner, Holding is a significant shareholder rather than an officer transaction; the filing’s footnote also disclaims beneficial ownership for the reported shares. Check the full Form 4 for any additional holdings, recipients, or related disclosures and for timeliness details versus the standard 2-business-day Form 4 deadline.