Ellen R. Alemany - Mar 20, 2024 Form 4 Insider Report for FIRST CITIZENS BANCSHARES INC /DE/ (FCNCA)

Role
Director
Signature
Ellen R. Alemany, By: E. Knox Proctor V, Attorney-in-fact
Stock symbol
FCNCA
Transactions as of
Mar 20, 2024
Transactions value $
-$4,665,006
Form type
4
Date filed
3/22/2024, 03:21 PM
Previous filing
Mar 12, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCNCA Class A Common Sale -$935K -600 -11.03% $1,559.09 4.84K Mar 20, 2024 Direct F1
transaction FCNCA Class A Common Sale -$1.52M -979 -14.07% $1,550.55 5.98K Mar 20, 2024 Family GST Exempt Trust F2
transaction FCNCA Class A Common Sale -$93.1K -60 -1% $1,551.06 5.92K Mar 20, 2024 Family GST Exempt Trust F3
transaction FCNCA Class A Common Sale -$155K -100 -1.69% $1,552.40 5.82K Mar 20, 2024 Family GST Exempt Trust
transaction FCNCA Class A Common Sale -$1.2M -770 -13.23% $1,555.66 5.05K Mar 20, 2024 Family GST Exempt Trust F4
transaction FCNCA Class A Common Sale -$165K -106 -2.1% $1,557.85 4.94K Mar 20, 2024 Family GST Exempt Trust F5
transaction FCNCA Class A Common Sale -$600K -385 -7.79% $1,559.16 4.56K Mar 20, 2024 Family GST Exempt Trust F6
holding FCNCA Class A Common 5.76K Mar 20, 2024 May 2022 GRAT
holding FCNCA Class A Common 3.34K Mar 20, 2024 Family Non-GST Exempt Trust
holding FCNCA Class A Common 3.99K Mar 20, 2024 March 2024 GRAT #1 F1
holding FCNCA Class C Preferred Stock 30K Mar 20, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 8, 2024, the reporting person contributed 3,985 shares of Class A Common Stock held directly by her to a new grantor retained annuity trust (the "March 2024 GRAT #1," of which she serves as trustee), which shares continue to be reported in this Form 4 as indirectly owned.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $1,550.00 to $1,550.93, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $1,551.04 to $1,151.13, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $1,555.25 to $1,556.21 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $1,557.81 to $1,558.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at pieces ranging from $1,558.90 to $1,559.37, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the above range.