First Citizens BancShares Files 8-K on Shareholder Votes and Financials
Ticker: FCNCN · Form: 8-K · Filed: May 6, 2024 · CIK: 798941
| Field | Detail |
|---|---|
| Company | First Citizens Bancshares Inc /De/ (FCNCN) |
| Form Type | 8-K |
| Filed Date | May 6, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, shareholder-vote, financials
Related Tickers: FCBC
TL;DR
FCBC filed an 8-K on May 1st covering shareholder votes and financials for common and preferred stock.
AI Summary
On May 1, 2024, First Citizens BancShares, Inc. filed an 8-K report detailing matters submitted to a vote of security holders and financial statements. The filing includes information related to common class A stock, Series A preferred stock, and Series C preferred stock.
Why It Matters
This filing provides transparency on important corporate actions and financial reporting for First Citizens BancShares, impacting investors' understanding of the company's governance and financial health.
Risk Assessment
Risk Level: low — This is a routine filing reporting on shareholder votes and financial statements, not indicating any immediate operational or financial distress.
Key Numbers
- 001-16715 — SEC File Number (Identifies the company's filing history with the SEC.)
- 56-1528994 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- First Citizens BancShares, Inc. (company) — Registrant
- May 1, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Raleigh, North Carolina (location) — Principal executive offices location
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text excerpt.
What types of stock are mentioned in relation to the May 1, 2024 date?
The filing mentions common class A stock, Series A preferred stock, and Series C preferred stock in relation to the May 1, 2024 date.
What is the principal executive office address for First Citizens BancShares?
The principal executive offices are located at 4300 Six Forks Road, Raleigh, North Carolina 27609.
What is the fiscal year end for First Citizens BancShares?
The fiscal year end for First Citizens BancShares is December 31st.
What is the SIC code for First Citizens BancShares?
The Standard Industrial Classification (SIC) code for First Citizens BancShares is 6022, which corresponds to Commercial Banks.
Filing Stats: 842 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2024-05-06 16:01:43
Key Financial Figures
- $1 — stered Class A Common Stock, Par Value $1 FCNCA Nasdaq Global Select Market Depo
Filing Documents
- fcnca-20240501.htm (8-K) — 57KB
- 0000798941-24-000024.txt ( ) — 214KB
- fcnca-20240501.xsd (EX-101.SCH) — 2KB
- fcnca-20240501_def.xml (EX-101.DEF) — 7KB
- fcnca-20240501_lab.xml (EX-101.LAB) — 28KB
- fcnca-20240501_pre.xml (EX-101.PRE) — 17KB
- fcnca-20240501_htm.xml (XML) — 5KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The 2024 Annual Stockholder's Meeting (the "Annual Meeting") of First Citizens BancShares, Inc. (the "Company") was held on May 1, 2024. At the meeting, the Company's stockholders voted on the following proposals, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on March 15, 2024: the election of 13 directors for terms of one year each; a non-binding, advisory "say-on-pay" resolution to approve compensation paid or provided to the Company's named executive officers as disclosed in the proxy statement for the Annual Meeting; a proposal to ratify the appointment of KPMG LLP as the Company's independent public accountants for 2024; and a stockholder proposal requesting a report on the risks of politicized de-banking. The following tables reflect the final results of the voting at the Annual Meeting. Stockholders elected the 13 nominees for director and approved the "say-on-pay" resolution and the proposal to ratify the appointment of independent accountants. Stockholders did not approve the stockholder proposal requesting a report on the risks of politicized de-banking. ELECTION OF DIRECTORS Name of Nominee Votes Cast "For" Votes "Withheld" Broker Non-votes Ellen R. Alemany 23,121,294 237,189 3,844,720 John M. Alexander, Jr. 23,055,174 303,309 3,844,720 Victor E. Bell III 20,425,940 2,932,543 3,844,720 Peter M. Bristow 23,127,026 231,457 3,844,720 Hope H. Bryant 23,120,440 238,043 3,844,720 Michael A. Carpenter 23,272,239 86,244 3,844,720 H. Lee Durham, Jr. 20,426,307 2,932,176 3,844,720 Dr. Eugene Flood, Jr. 23,292,332 66,151 3,844,720 Frank B. Holding, Jr. 22,943,671 414,812 3,844,720 Robert R. Hoppe 23,051,452 307,031 3,844,720 David G. Leitch 23,264,997 93,486 3,844,720 Robert E. Mason IV 20,471,003 2,887,480 3,844,720 Robert T. Newcomb 19,425,569 3,932,914 3,844,720 "SAY-ON-PAY" RESOLUTIO
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . The following exhibit accompanies this Report: Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. First Citizens BancShares, Inc. (Registrant) Date: May 6, 2024 By: /s/ Craig L. Nix Name: Craig L. Nix Title: Chief Financial Officer