HOLDING FRANK B JR 4

What Happened

• Frank B. Holding Jr., reported as a 10% owner of First Citizens Bancshares, made multiple open‑market/private purchases (transaction code P) on June 4–5, 2026.
• He acquired a total of 553 shares across multiple trades at prices ranging roughly from $1,743.80 to $1,853.92 per share, for an aggregate cost of approximately $1,002,336. This is a net purchase (company stock bought), which investors often view as a positive sign, though no motive is stated.

Key Details

• Transaction dates: 2026-06-04 and 2026-06-05; filing date (Form 4): 2026-06-08 (filed within required reporting window).
• Total shares purchased: 553; total reported spending: ~$1,002,336.
• Per‑trade examples (price × shares): 25 @ $1,794.99; 150 @ $1,840.00; 96 @ $1,800.00; 61 @ $1,798.99; several smaller lots at various prices.
• Notable footnotes: F1–F4 note weighted‑average pricing for certain lots and give price ranges for those batches (e.g., $1,798.99–$1,799.00; $1,799.99–$1,800.00; $1,808.08–$1,808.09; $1,851.79–$1,852.00). F5 states the reporting person disclaims beneficial ownership of these securities.
• Shares owned after the transactions are not specified in the provided excerpt of the filing.

Context

• As a reported 10% owner, Holding is a Section 16 insider; his purchases must be reported on Form 4. Purchases by large owners are informative but do not, by themselves, explain intent or future company prospects. The F5 disclaimer may indicate the shares are held by an entity or otherwise not beneficially owned by the reporting person.