First Citizens BancShares Reports Director/Officer Changes

Ticker: FCNCN · Form: 8-K · Filed: Dec 16, 2024 · CIK: 798941

First Citizens Bancshares Inc /De/ 8-K Filing Summary
FieldDetail
CompanyFirst Citizens Bancshares Inc /De/ (FCNCN)
Form Type8-K
Filed DateDec 16, 2024
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$1, $0.6 million
Sentimentneutral

Sentiment: neutral

Topics: corporate-governance, officer-changes, financial-reporting

Related Tickers: FCBC

TL;DR

FCBC filed an 8-K detailing board/officer changes and compensatory info.

AI Summary

On December 11, 2024, First Citizens BancShares, Inc. reported changes in its board of directors and executive officers. The filing also disclosed compensatory arrangements for certain officers and included financial statements and exhibits. This is a routine update on corporate governance and financial reporting.

Why It Matters

Changes in directors and officers can signal shifts in company strategy or governance, while financial statements provide insight into the company's performance.

Risk Assessment

Risk Level: low — This filing is a standard corporate disclosure and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

  • First Citizens BancShares, Inc. (company) — Registrant
  • Delaware (jurisdiction) — State of incorporation
  • December 11, 2024 (date) — Date of earliest event reported

FAQ

What specific items are being reported in this 8-K filing?

This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD disclosures, and financial statements and exhibits.

What is the exact name of the registrant?

The exact name of the registrant is First Citizens BancShares, Inc.

In which state is First Citizens BancShares, Inc. incorporated?

First Citizens BancShares, Inc. is incorporated in Delaware.

What is the IRS Employer Identification Number for First Citizens BancShares, Inc.?

The IRS Employer Identification Number for First Citizens BancShares, Inc. is 56-1528994.

What is the business address of First Citizens BancShares, Inc.?

The business address of First Citizens BancShares, Inc. is 4300 Six Forks Road, Raleigh, North Carolina 27609.

Filing Stats: 1,174 words · 5 min read · ~4 pages · Grade level 10.3 · Accepted 2024-12-16 16:34:12

Key Financial Figures

  • $1 — stered Class A Common Stock, Par Value $1 FCNCA Nasdaq Global Select Market Depo
  • $0.6 million — ervices in aggregate were approximately $0.6 million. Forvis Mazars will not provide service

Filing Documents

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On December 16, 2024, BancShares issued a press release announcing the appointment of Mr. Snow, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K (this "Report") and is incorporated herein by reference. The information set forth in Item 7.01 of this Report, including in Exhibit 99.1, shall not be deemed to be "filed" for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits . The following exhibits accompany this Report. Exhibit No. Description 99.1 Press Release dated December 1 6 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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: December 16, 2024 By: /s/ Craig L. Nix Craig L. Nix Chief Financial Officer

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