Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
There were no repurchases of our common stock during the quarter ended June 30, 2022.
On July 26, 2022, the Board authorized a share repurchase program for up to 1,500,000 shares of BancShares’ Class A common stock for the period commencing August 1, 2022 through July 28, 2023. Under the authorized share repurchase program, shares of BancShares’ Class A common stock may be repurchased from time to time on the open market or in privately negotiated transactions, including through a Rule 10b5-1 plan. The Board’s action does not obligate BancShares to repurchase any particular number of shares, and repurchases may be suspended or discontinued at any time.
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Item 6. Exhibits
*10.1 Merger Performance Plan of Registrant’s subsidiary, First Citizen’s Bank & Trust Company ( incorporated by reference to Exhibit 10.4 to Registrant ’ s Form 10-Q for the quarter ended March 31, 2022 )
31.1 Certification of Chief Executive Officer (filed herewith)
31.2 Certification of Chief Financial Officer (filed herewith)
32.1 Certification of Chief Executive Officer (filed herewith)
32.2 Certification of Chief Financial Officer (filed herewith)
**101.INS Inline XBRL Instance Document (filed herewith)
**101.SCH Inline XBRL Taxonomy Extension Schema (filed herewith)
**101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase (filed herewith)
**101.LAB Inline XBRL Taxonomy Extension Label Linkbase (filed herewith)
**101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase (filed herewith)
**101.DEF Inline XBRL Taxonomy Definition Linkbase (filed herewith)
**104 Cover Page Interactive Data File (embedded within the Inline XBRL document filed as Exhibit 101)
* Management contract or compensatory plan or arrangement.
** Interactive data files are furnished but not filed for purposes of Sections 11 and 12 of the Securities Act of 1933, as amended, and Section 18 of the Securities Exchange Act of 1934, as amended.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: August 5, 2022 FIRST CITIZENS BANCSHARES, INC.
(Registrant)
By: /s/ Craig L. Nix
Craig L. Nix
Chief Financial Officer
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.