STOCK TITAN

MCB (NYSE: MCB) Form 144: 5,000 shares sold by affiliated trust

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MCB filed a Form 144 reporting proposed disposals of Common Stock and recent transactions by an affiliated trust. The filing lists prior issuances received as a board member of 9,312 shares on 08/12/2016 and 688 shares on 02/18/2017. It also records 5,000 shares sold by The Robert C Patent Declaration of Trust on 06/04/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notice; recent trust sale and historical grants recorded.

The filing documents proposed disposals of Common Stock and shows historical compensation issuances: 9,312 shares on 08/12/2016 and 688 shares on 02/18/2017, both described as received as a board member. These are listed as acquisitions, not sales.

The excerpt also records a sale of 5,000 shares by The Robert C Patent Declaration of Trust on 06/04/2026. Cash‑flow treatment and any planned future dispositions are not stated in the provided excerpt; subsequent filings would provide detail on the proposed sale method and timing.

Shares sold (trust) 5,000 shares sale by The Robert C Patent Declaration of Trust on <date>06/04/2026</date>
Shares received as BOD member 9,312 shares received as board member on <date>08/12/2016</date>
Shares received as BOD member 688 shares received as board member on <date>02/18/2017</date>
Form 144 regulatory
"144: Securities To Be Sold Common Stock"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Received as BOD member other
"Common Stock | 08/12/2016 | Received as BOD member"
Declaration of Trust other
"The Robert C Patent Declaration of Trust 99 Park Avenue"
A declaration of trust is a legal document that spells out who holds assets on behalf of others, what duties the holder has, and how income or profits are shared among beneficiaries. For investors it matters because it clarifies who controls the asset, how returns and losses will be allocated, and what rules govern distributions—think of it like a written instruction that tells a custodian how to manage and split the proceeds so investors know their rights and risks.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does MCB's Form 144 report?

It reports proposed disposals of Common Stock and recent transactions. The excerpt lists a sale of 5,000 shares on 06/04/2026 and prior issuances received as board compensation.

Who sold the 5,000 shares listed in the filing?

The sale is attributed to The Robert C Patent Declaration of Trust, located at 99 Park Avenue, New York. The excerpt records 5,000 shares sold on 06/04/2026.

Does the filing show shares received by insiders as compensation?

Yes; the excerpt shows Common Stock received as board compensation: 9,312 shares on 08/12/2016 and 688 shares on 02/18/2017.

Does the Form 144 specify how future sales will be executed?

The provided excerpt does not describe the methods or timing for proposed sales. The filing lists transactions but does not state execution methods or cash‑flow recipients.

Is the insider transaction direction clear from this excerpt?

Yes; the excerpt records a disposition: 5,000 shares sold on 06/04/2026. Other listed entries are prior receipts, not dispositions.