Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 52

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 52
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 any class or series of our capital stock we may issue in the future that is not expressly stated to be on parity with or senior to our Series C Preferred Stock; (ii) on parity with, or equally to, any class or series of our capital stock we have issued and may issue in the future that is expressly stated to be on parity with our Series C Preferred Stock, including our currently outstanding Series A Preferred Stock and Series B preferred stock; and (iii) junior to any class or series of our capital stock that we may issue in the future that is expressly stated to be senior to our Series C Preferred Stock (if the issuance is approved by the holders of at least two-thirdsof the outstanding shares of Series C Preferred Stock). Holders of our Series C Preferred Stock do not have preemptive or subscription rights to acquire more of our capital stock. Our Series C Preferred Stock is not convertible into or exchangeable for our common stock or any other class or series of our capital stock or other securities. We pay dividends on our Series C Preferred Stock only when, as, and if declared by our board of directors or a duly authorized committee of our board of directors. If declared, dividends accrue and are payable at a rate of 5.625% per annum. When, as, and if declared by our board of directors or a duly authorized committee of our board of directors, we pay cash dividends on Series C Preferred Stock quarterly, in arrears, on March 15, June 15, September 15, and December 15 of each year (each such date, a “Series C dividend payment date”) Dividends on our Series C Preferred Stock are not cumulative. If our board of directors or a duly authorized committee of our board of directors does not declare a dividend on our Series C Preferred Stock in respect of a dividend period, then no dividend is deemed to have accrued for such dividend period, be payable on the applicable Series C dividend payment date, or is cumulative, and we will have no obligation to pay any dividend for that dividend period, whether or not our board of directors or a duly authorized committee of our board of directors declares a dividend on our Series C Preferred Stock for any future dividend period. So long as any Series C Preferred Stock remains outstanding, unless full dividends for the most recently completed dividend period have been declared and paid (or declared and a sum sufficient for the payment thereof has been set aside) on all outstanding shares of our Series C Preferred Stock, we may not, subject to certain important exceptions