Ellen R. Alemany - 20 Mar 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
Issuer symbol
FCNCA
Transactions as of
20 Mar 2024
Net transactions value
-$4,665,006
Form type
4
Filing time
22 Mar 2024, 15:21:21 UTC
Previous filing
12 Mar 2024
Next filing
30 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCNCA Class A Common Sale $935,454 -600 -11% $1559.09 4,842 20 Mar 2024 Direct F1
transaction FCNCA Class A Common Sale $1,517,984 -979 -14% $1550.55 5,980 20 Mar 2024 Family GST Exempt Trust F2
transaction FCNCA Class A Common Sale $93,064 -60 -1% $1551.06 5,920 20 Mar 2024 Family GST Exempt Trust F3
transaction FCNCA Class A Common Sale $155,240 -100 -1.7% $1552.40 5,820 20 Mar 2024 Family GST Exempt Trust
transaction FCNCA Class A Common Sale $1,197,858 -770 -13% $1555.66 5,050 20 Mar 2024 Family GST Exempt Trust F4
transaction FCNCA Class A Common Sale $165,132 -106 -2.1% $1557.85 4,944 20 Mar 2024 Family GST Exempt Trust F5
transaction FCNCA Class A Common Sale $600,275 -385 -7.8% $1559.16 4,559 20 Mar 2024 Family GST Exempt Trust F6
holding FCNCA Class A Common 5,757 20 Mar 2024 May 2022 GRAT
holding FCNCA Class A Common 3,335 20 Mar 2024 Family Non-GST Exempt Trust
holding FCNCA Class A Common 3,985 20 Mar 2024 March 2024 GRAT #1 F1
holding FCNCA Class C Preferred Stock 30,000 20 Mar 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.