{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-390576","form_type":"8-K","ticker":"FCNCA","cik":"0000798941","company_name":"FIRST CITIZENS BANCSHARES INC /DE/","filed_at":"2026-09-14T20:10:22+00:00","discovered_at":"2026-09-14T20:11:02.865805+00:00","generated_at":"2026-09-14T20:11:25.972306+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"First Citizens closes $300M preferred offering; Series F 7.5% non-cumulative","bullets":["Closed offering of 300,000 depositary shares (Series F preferred) on Sep 14, 2026; each represents 1/100th of a $100,000 liquidation pref share.","Dividends: 7.500% per annum through Sep 15, 2031, then 5-yr Treasury + 2.894% reset every 5 years; non-cumulative, quarterly payments.","Preferred ranks senior to common; company may redeem on/after Sep 15, 2031, or within 90 days of regulatory capital event; no maturity date.","Underwriters: Morgan Stanley, BofA Securities, J.P. Morgan, Wells Fargo; Certificate of Designation effective Sep 11, 2026.","Proceeds not specified; offering registered under Form S-3ASR; Deposit Agreement with Broadridge Corporate Issuer Solutions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-390576","json":"https://secwatch.observer/filing/0001193125-26-390576.json","markdown":"https://secwatch.observer/filing/0001193125-26-390576.md","text":"https://secwatch.observer/filing/0001193125-26-390576.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/798941/000119312526390576/0001193125-26-390576-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/798941/000119312526390576/d505182d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-14T20:11:25.972306+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}