Holding Properties, LLC Files Form 144 for $426.8K of First Citizens BancShares Depositary Shares

Executive Summary

On September 15, 2026, Holding Properties, LLC, an affiliate of First Citizens BancShares Inc /DE/, filed a Form 144 notice indicating an intent to sell 22,000 Series A Depositary Shares with an estimated aggregate market value of $426,800 (~$19.40 per share).

Transaction & Holding Details

• Security: Series A Depositary Shares
• Broker: First Citizens Investor Services, Inc.
• Planned Sale Date: September 15, 2026
• Shares Outstanding: 13,800,000 units
• Acquisition History:
  • 20,000 shares acquired directly from the issuer on March 12, 2020 via cash purchase.
  • 2,000 shares acquired on the open market on March 17, 2020 via cash purchase.
• Past 3 Months Activity: No prior sales reported in the preceding three months.

Market & Governance Impact

• Significance: Low.
• The proposed disposition is relatively modest in dollar value ($426.8K) and represents a minor fraction of the 13.8M outstanding Series A Depositary Shares (~0.16%). As preferred/depositary shares, the sale carries minimal governance and common stock pricing implications.