Company: FCNCB
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001193125-25-283229
Chunk: 50

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-11-14
Form: 424B5
Chunk 50
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 dividend. Our Series B Preferred Stock is perpetual and has no maturity date and is not subject to any mandatory redemption, sinking fund, or other similar provisions. The holders of our Series B Preferred Stock do not have any right to require the redemption or repurchase of their shares of our Series B Preferred Stock. We may, at our option, redeem our Series B Preferred Stock (i) in whole or in part, from time to time, on any Series B dividend payment date on or after January 4, 2027, or (ii) in whole but not in part at any time within S-30

90 days following a regulatory capital treatment event, in each case at a redemption price equal to $1,000 per share, plus the per share amount of any declared and unpaid dividends, without accumulation of any undeclared dividends, on our Series B Preferred Stock to, but excluding, the date fixed for redemption. Except as provided below and as determined by our board of directors or a duly authorized committee of our board of directors or as otherwise expressly required by law, the holders of our Series B Preferred Stock have no voting rights. Upon a Nonpayment Event, the holders of the Series B Preferred Stock, voting together as a class with holders of any special voting preferred stock then outstanding, will be entitled to vote (based on respective liquidation preferences) for the election of a total of two additional members of our board of directors. These voting rights will continue until full dividends have been paid (or declared and a sum sufficient for the payment of such dividends has been set aside for payment) on the Series B Preferred Stock and such special voting preferred stock for dividend periods that in the aggregate equal at least 12 consecutive months following the Nonpayment Event. So long as any shares of our Series B Preferred Stock remain outstanding, in addition to any other vote or consent of stockholders required by law or our certificate of incorporation, the affirmative vote or consent of the holders of at least two-thirdsof all of the then-outstanding shares of our Series B Preferred Stock entitled to vote thereon, voting separately as a single class, is required to:

| • |     | authorize, create, issue, or increase the authorized amount of any class or series of our capital stock ranking                                                                                              
 senior to our Series B Preferred Stock with respect to payment of dividends or as to distributions upon our liquidation, dissolution, or winding-up, or issue any obligation or security convertible into or 
 exchangeable for, or evidencing the right to purchase, any such class