HOLDING FRANK B JR 4

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.