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Planned sale of 10,000 MCB (NYSE: MCB) shares disclosed

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

Rhea-AI Filing Summary

MCB has a shareholder planning to sell 10,000 shares of its common stock under Rule 144. The planned sale will be executed through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of 916,100 based on the figures provided. The filing notes that 10,298,002 shares of this class are outstanding, giving context for the size of the planned transaction. The shares were originally acquired on 05/21/2015 in an open market purchase paid in cash.

Positive

  • None.

Negative

  • None.

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

How many MCB shares are planned for sale under this Rule 144 notice?

The notice covers a planned sale of 10,000 shares of MCB common stock.

What is the aggregate market value of the MCB shares to be sold?

The filing lists an aggregate market value of 916,100 for the 10,000 MCB common shares to be sold.

On which exchange will the MCB shares in this Rule 144 sale be traded?

The planned Rule 144 sale of MCB common stock is listed for trading on the NYSE.

Which broker is handling the planned Rule 144 sale of MCB shares?

The broker named for this transaction is J.P. Morgan Securities LLC.

When were the MCB shares being sold under Rule 144 originally acquired?

The 10,000 MCB common shares were acquired on 05/21/2015 through an open market purchase paid in cash.

How many MCB common shares are outstanding according to this notice?

The filing states that there are 10,298,002 shares of this class of MCB common stock outstanding.

What is the approximate date of the planned Rule 144 sale for MCB shares?

The approximate date of sale indicated for the MCB shares is 01/22/2026.
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