Director Alemany Ellen R bought $300,000 worth of Depositary Shares (300 units at $1,000.00) (SEC Form 4)
$FCNCA
Major Banks
Finance
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
FIRST CITIZENS BANCSHARES INC /DE/ [ FCNCA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/13/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Depositary Shares(1) | 11/13/2025 | P | 300 | A | $1,000 | 300 | D | |||
| Class A Common | 0(2)(3)(4)(5) | D | ||||||||
| Class A Common | 4,559 | I | Family GST Exempt Trust | |||||||
| Class A Common | 4,350 | I | Family Non-GST Exempt Trust | |||||||
| Class A Common | 2,295(3) | I | Alemany March 2024 GRAT #1 | |||||||
| Class A Common | 1,325(2)(4) | I | Alemany August 2024 GRAT #1 | |||||||
| Class A Common | 4,716(5) | I | Alemany September 2025 GRAT #1 | |||||||
| Class C Preferred Stock | 30,000 | D | ||||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. Each Depositary Share represents a 1/100th interest in a share of the Issuer's 7% Non-Cumulative Perpetual Preferred Stock, Series D. |
| 2. On August 7, 2024, the reporting person contributed 2,570 shares of Class A Common Stock held directly by her to a new grantor retained annuity trust (the "Alemany August 2024 GRAT #1," of which she serves as trustee), which shares continued to be reported as indirectly owned. |
| 3. On June 6, 2025, 1,690 shares of Class A Common Stock were distributed from the Alemany March 2024 GRAT #1 (the "GRAT," of which she serves as trustee) to the reporting person and the remaining 2,295 shares held by the GRAT continue to be reported in this Form 4 as indirectly owned. |
| 4. On September 8, 2025, 1,240 shares of Class A Common Stock were distributed from the Alemany August 2024 GRAT #1 (the "GRAT," of which she serves as trustee) to the reporting person, and on September 10, 2025, 5 shares of Class A Common Stock were distributed from the GRAT to the reporting person. The remaining 1,325 shares held by the GRAT continue to be reported in this Form 4 as indirectly owned. |
| 5. On September 15, 2025, the reporting person contributed 4,716 shares of Class A Common Stock held directly by her to a new grantor retained annuity trust (the "Alemany September 2025 GRAT #1," of which she serves as trustee), which shares continue to be reported in this Form 4 as indirectly owned. |
| Ellen R. Alemany, By: E. Knox Proctor V , Attorney-in-fact | 11/17/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||