---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-24-000024"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:38:13.007374+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# First Citizens BancShares shareholders elect 13 directors, approve say-on-pay, ratify KPMG; de-banking proposal fails

## Summary
- All 13 director nominees elected; Robert T. Newcomb received highest withhold votes at 3,932,914.
- Say-on-pay advisory resolution approved with 22,923,029 for, 275,549 against, 159,905 abstain.
- Ratification of KPMG as auditor for 2024 passed with 27,167,433 for, 32,890 against, 2,880 abstain.
- Stockholder proposal on politicized de-banking not approved: 22,687,494 against, 552,843 for, 118,146 abstain.

## SEC filing metadata
- accession: 0000798941-24-000024
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894124000024/0000798941-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894124000024/fcnca-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-24-000024
- JSON: https://secwatch.observer/filing/0000798941-24-000024.json
- Plain text: https://secwatch.observer/filing/0000798941-24-000024.txt

## Key facts
- Shareholder Votes
  FIRST CITIZENS BANCSHARES INC /DE/ shareholders rejected Stockholder proposal requesting a report on the risks of politicized de-banking at the 2024-05-01 meeting.
  - Outcome: failed
  - Meeting: 2024-05-01
  source text: Stockholders did not approve the stockholder proposal requesting a report on the risks of politicized de-banking.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798941/000079894124000024/0000798941-24-000024-index.htm
- Shareholder Votes
  FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Election of 13 directors for terms of one year each at the 2024-05-01 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-05-01
  source text: Stockholders elected the 13 nominees for director and approved the “say-on-pay” resolution and the proposal to ratify the appointment of independent accountants.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798941/000079894124000024/0000798941-24-000024-index.htm
- Shareholder Votes
  FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Ratify the appointment of KPMG LLP as the Company's independent public accountants for 2024 at the 2024-05-01 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-05-01
  source text: Stockholders elected the 13 nominees for director and approved the “say-on-pay” resolution and the proposal to ratify the appointment of independent accountants.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798941/000079894124000024/0000798941-24-000024-index.htm
- Shareholder Votes
  FIRST CITIZENS BANCSHARES INC /DE/ shareholders approved Non-binding, advisory “say-on-pay” resolution to approve compensation paid or provided to the Company's named executive officers at the 2024-05-01 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-05-01
  source text: Stockholders elected the 13 nominees for director and approved the “say-on-pay” resolution and the proposal to ratify the appointment of independent accountants.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798941/000079894124000024/0000798941-24-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.