Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 30

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 30
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 we declare and pay dividends on the Series D Preferred Stock or our common stock or any other class or series of our serial preferred stock for any subsequent dividend period. We are not obligated to and will not pay holders of the Series D Preferred Stock any interest or sum of money in lieu of interest on any dividend not paid on a dividend payment date. We are also not obligated to and will not pay holders of the Series D Preferred Stock any dividend in excess of the dividends on the Series D Preferred Stock that are payable as described above. There is no sinking fund with respect to dividends. Dividend Stopper In addition, if full dividends on all outstanding shares of the Series D Preferred Stock for any dividend period have not been authorized, declared, and paid or set aside for payment, we will be prohibited from declaring or paying dividends (other than a dividend payable solely in junior securities) with respect to, or redeeming, purchasing, or acquiring any of, our junior securities during the next succeeding dividend period, other than:

| (i) | redemptions, purchases, or other acquisitions of junior securities in connection with any benefit plan or other                                                                                 
 similar arrangement with or for the benefit of any one or more employees, officers, directors, or consultants or in connection with a dividend reinvestment or stockholder stock purchase plan; |

| (ii) | any declaration of a dividend in connection with any stockholders’ rights plan, or the issuance of                                    
 rights, stock, or other property under any stockholders’ rights plan, or the redemption or repurchase of rights pursuant thereto; and |

| (iii) | conversions into or exchanges for other junior securities and cash solely in lieu of fractional shares of the 
 junior securities.                                                                                            |

If dividends for any dividend payment date are not paid in full on the shares of the Series D Preferred Stock and there are issued and outstanding shares of parity securities with the same dividend payment date, then all dividends declared on shares of the Series D Preferred Stock and such parity securities on such date shall be declared pro rata so that the respective amounts of such dividends shall bear the same ratio to each other as full dividends (or equivalent) per share on the shares of the Series D Preferred Stock and all such parity securities otherwise payable on such dividend payment date (subject to their having been authorized by the board of directors or a duly authorized committee of the board of directors and declared by us out of legally available funds and including, in the case of any such parity securities that bear cumulative dividends, all accrued but unpaid dividends) bear