First Citizens BancShares SC 13D/A Amendment Filed

TL;DR

FCBC ownership update: Brice, Bristow, Holding, Bryant, and Holding Jr. filed an amendment to their Schedule 13D.

AI Summary

This SC 13D/A filing from October 22, 2024, details an amendment to a Schedule 13D for First Citizens BancShares, Inc. The filing involves individuals such as Carson H. Brice, Claire H. Bristow, Ella Ann L. Holding, Hope H. Bryant, Olivia B. Holding, and Frank B. Holding Jr., who are listed as group members. The filing pertains to the Class A Common Stock of First Citizens BancShares, Inc.

Why It Matters

This filing indicates potential changes in the ownership or control of First Citizens BancShares, Inc., which could impact its stock price and corporate strategy.

Risk Assessment

Risk Level: medium — Schedule 13D filings often signal significant ownership changes or potential activist investor involvement, which can introduce uncertainty and volatility.

Key Players & Entities

• First Citizens BancShares, Inc. (company) — Subject Company
• Carson H. Brice (person) — Group Member
• Claire H. Bristow (person) — Group Member
• Ella Ann L. Holding (person) — Group Member
• Hope H. Bryant (person) — Group Member
• Olivia B. Holding (person) — Group Member
• Frank B. Holding Jr. (person) — Filing Person
• William R. Lathan, Jr. (person) — Authorized to Receive Notices

FAQ

Key Financial Figures

• $1.00 — Name of Issuer) Class A Common Stock, $1.00 Par Value (Title of Class of Securiti
• $1 — nt relates to the Class A Common Stock, $1 par value per share (Class A Common Sto

Filing Documents

• d875217dsc13da.htm (SC 13D/A) — 249KB
• 0001193125-24-241187.txt ( ) — 251KB

From the Filing

SC 13D/A 1 d875217dsc13da.htm SC 13D/A SC 13D/A U NITED S TATES S ECURITIES AND E XCHANGE C OMMISSION Washington, D.C. 20549 S CHEDULE 13D Under the Securities Exchange Act of 1934 Amendment No. 6 First Citizens BancShares, Inc. (Name of Issuer) Class A Common Stock, $1.00 Par Value (Title of Class of Securities) 31946M-10-3 (CUSIP Number) William R. Lathan, Jr. Ward and Smith, P.A. 1001 College Court New Bern, North Carolina 28562 (252) 672-5400 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 17, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. 31946M-10-3 Page 2 of 17 Pages 1 NAME OF REPORTING PERSONS F RANK B. H OLDING , J R . 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) PF, AF, SC, OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 555,220 8 SHARED VOTING POWER 50,577 9 SOLE DISPOSITIVE POWER 555,220 10 SHARED DISPOSITIVE POWER 50,777 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 605,997 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.6% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN SEC 1746(12-91) SCHEDULE 13D CUSIP No. 31946M-10-3 Page 3 of 17 Pages 1 NAME OF REPORTING PERSONS H OPE H. B RYANT 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) PF, AF, SC, OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 326,207 8 SHARED VOTING POWER 55,548 9 SOLE DISPOSITIVE POWER 324,713 10 SHARED DISPOSITIVE POWER 55,548 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 381,755 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.9% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN SCHEDULE 13D CUSIP No. 31946M-10-3 Page 4 of 17 Pages 1 NAME OF REPORTING PERSONS O LIVIA B. H OLDING 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) PF, AF, SC, OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 851,671 8 SHARED VOTING POWER 55,548 9 SOLE DISPOSITIVE POWER 851,671 10 SHARED DISPOSITIVE POWER 67,700 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 919,371 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.0% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN SCHEDULE 13D CUSIP No. 31946M-10-3 Page 5 of 17 Pages 1 NAME OF REPORTING PERSONS C LAIRE H. B RISTOW 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)(b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) PF, AF, SC, OO 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 374,814 8 SHARED VOTING POWER 138,769 9 SOLE DISPOSITIVE POWER 362,662 10 SHARED DISPOSITIVE POWER 144,917 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY E

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