Snow Ralph Mattox III 4

What Happened
Ralph Mattox Snow III, a director of First Citizens BancShares, bought 11 shares of First Citizens (FCNCA) in an open-market purchase on March 5, 2026. The shares were acquired at $1,944.22 per share for a total transaction value reported as $21,386. This was a purchase (a net acquisition), which insiders buying stock are often seen as a mild positive sign, though the size here is small.

Key Details

• Transaction date: 2026-03-05 (open-market purchase, code P)
• Price: $1,944.22 per share; Shares purchased: 11; Total reported value: $21,386
• Filing date: 2026-03-09 (Form 4 filed four days after the trade) — Form 4s are typically due within two business days of a transaction, so this appears to have been filed after the usual reporting window.
• Shares owned after transaction: Not specified in the information provided.
• Footnotes/plan: No 10b5‑1 plan, tax‑withholding, or other footnotes were disclosed in the summary provided.

Context
This was a straightforward open-market purchase by a board director. The trade size is relatively small, so while purchases can be informative, this single, modest buy should be viewed in context with other insider activity and company fundamentals. No options exercises, gifts, or cashless sales were involved in this reported transaction.