HOLDING FRANK B JR 4
4 · FIRST CITIZENS BANCSHARES INC /DE/ · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
First Citizens (FCNCA) 10% Owner Frank B. Holding Jr. Buys Shares
What Happened
Frank B. Holding Jr., reported as a 10% owner of First Citizens Bancshares Inc. (FCNCA), made a series of open‑market purchases on June 5, 2026, acquiring a total of 137 shares for roughly $276,566. Transactions ranged from small lots to larger fills, with per‑share prices from $1,780.00 to $2,070.00 (approximate average cost ~$2,020.44).
Key Details
- Transaction date: 2026-06-05 (filed 2026-06-08). All reported as open market purchases (code P).
- Individual trades reported:
- 2 sh @ $1,998.68 = $3,997
- 8 sh @ $2,010.00 = $16,080
- 23 sh @ $2,030.00 = $46,690
- 47 sh @ $2,050.00 = $96,350
- 2 sh @ $2,060.00 = $4,120
- 34 sh @ $2,065.00 = $70,210
- 1 sh @ $2,068.50 = $2,069
- 5 sh @ $2,070.00 = $10,350
- 15 sh @ $1,780.00 = $26,700
- Total: 137 shares for ~$276,566.
- Shares owned after the transaction: not specified in the provided filing data.
- Footnote: The reporting person disclaims beneficial ownership of these securities (Footnote F1).
- Filing timeliness: Report filed June 8, 2026 for trades on June 5, 2026 — filed within typical Section 16 reporting windows (not marked late).
Context
- These were straightforward open‑market purchases (P), not option exercises, awards, or gifts. Purchases by insiders or large owners can be interpreted by some investors as a positive signal, but the filing itself does not state a motive.
- As a 10% owner, Holding is a large shareholder; such purchases reflect activity by a substantial holder rather than routine employee equity transactions.
Insider Transaction Report
- Purchase
Class B Common
2026-06-05$1998.68/sh+2$3,997→ 64,437 total - Purchase
Class B Common
2026-06-05$2010.00/sh+8$16,080→ 64,445 total - Purchase
Class B Common
2026-06-05$2030.00/sh+23$46,690→ 64,468 total - Purchase
Class B Common
2026-06-05$2050.00/sh+47$96,350→ 64,515 total - Purchase
Class B Common
2026-06-05$2060.00/sh+2$4,120→ 64,517 total - Purchase
Class B Common
2026-06-05$2065.00/sh+34$70,210→ 64,551 total - Purchase
Class B Common
2026-06-05$2068.50/sh+1$2,069→ 64,552 total - Purchase
Class B Common
2026-06-05$2070.00/sh+5$10,350→ 64,557 total - Purchase
Class B Common
2026-06-05$1780.00/sh+15$26,700→ 64,572 total
- 206,942
Class A Common
- 11,140(indirect: By Trust)
Class A Common
- 3,728(indirect: By Spouse)
Class A Common
[F1] - 3,416(indirect: As custodian for James Freeman Bailey, Jr.)
Class A Common
[F1] - 1,591(indirect: As custodian for Royall Holding Bailey)
Class A Common
[F1] - 317(indirect: As custodian for Jones Powell Bailey)
Class A Common
[F1] - 95,829(indirect: Frank B. Holding Jr. 2025 #1 GRAT)
Class A Common
- 106,000(indirect: Frank B. Holding Jr. 2025 #2 GRAT)
Class A Common
- 115,000(indirect: By Trust)
Class A Common
[F1] - 2,527(indirect: By Trust)
Class B Common
- 9,160(indirect: By Spouse)
Class B Common
[F1] - 4,957(indirect: As custodian for James Freeman Bailey, Jr.)
Class B Common
[F1] - 4,800(indirect: As custodian for Royall Holding Bailey)
Class B Common
[F1] - 5,158(indirect: As custodian for Jones Powell Bailey)
Class B Common
[F1] - 9,780(indirect: Frank B. Holding Jr. 2025 #2 GRAT)
Class B Common
- 24,300(indirect: By Trust)
Class B Common
[F1]
Footnotes (1)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.