FIRST CITIZENS BANCSHARES INC /DE/ 13D

The Holding family group filed Amendment No. 9 to report a roughly 24.9% investment stake in First Citizens BancShares’ Class A stock, reflecting percentage increases mainly from issuer repurchases and routine trading, with no stated activist intentions.

Amendment No. 9 to the joint Schedule 13D for First Citizens BancShares, Inc. reports that members of the Holding family collectively beneficially own 2,555,326 shares (about 24.89%) of the issuer’s Class A Common Stock, with individual positions of 5.69% for Frank B. Holding Jr., 3.40% for Hope H. Bryant, 8.93% for Olivia B. Holding, 5.00% for Claire H. Bristow, and 2.89% for Carson H. Brice; the changes in reported ownership stem primarily from issuer share repurchases that increased each filer’s percentage (including bringing Claire Bristow above 5%) and from routine acquisitions and dispositions over time, and the filing states that the shares are held for investment purposes with no explicit activist or control-seeking agenda beyond the fact that some family members are already executives and directors participating in ordinary management and board decision-making.

Filing Facts

CIK

798941

Ticker

FCNCA

Form

13D

Source Type

sec

Accession

0001193125-26-344990

Alert Tier

6