STOCK TITAN

MCB (ticker: MCB) insider schedules 10,000-share sale after prior trust sales

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(Neutral)
Form Type
144

Rhea-AI Filing Summary

MCB filed a notice for a planned sale of 10,000 shares of common stock through J.P. Morgan Securities LLC, with the shares listed on the NYSE and an intended sale date of August 10, 2026. The shares to be sold were originally received as board-of-directors compensation in several grants, including 5,000 shares on June 24, 2013, 3,688 shares on December 23, 2013, 812 shares on February 18, 2017, and 500 shares on February 24, 2017. Recent activity also shows the Robert C Patent Declaration of Trust selling 5,000 shares on June 4, 2026 and 10,000 shares on June 12, 2026, with reported sale amounts of 451,043 and 964,057, respectively.

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Planned shares to be sold 10,000 shares Common stock planned for sale on August 10, 2026 via J.P. Morgan Securities LLC
Trust sale on June 4, 2026 5,000 shares; 451,043 Robert C Patent Declaration of Trust sale of common shares
Trust sale on June 12, 2026 10,000 shares; 964,057 Robert C Patent Declaration of Trust sale of common shares
Board compensation grant 5,000 shares Common stock received as BOD member on June 24, 2013
Board compensation grant 3,688 shares Common stock received as BOD member on December 23, 2013
Board compensation grant 812 shares Common stock received as BOD member on February 18, 2017
Board compensation grant 500 shares Common stock received as BOD member on February 24, 2017
Securities To Be Sold regulatory
"144: Securities To Be Sold"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"
Declaration of Trust financial
"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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What share sale is disclosed for MCB in this Form 144 filing?

The filing discloses a planned sale of 10,000 shares of MCB common stock through J.P. Morgan Securities LLC, with an intended sale date of August 10, 2026 on the NYSE.

How were the MCB shares being sold originally acquired?

The shares were originally received as board-of-directors compensation in multiple grants, including 5,000 shares on June 24, 2013, 3,688 on December 23, 2013, 812 on February 18, 2017, and 500 on February 24, 2017.

Which broker is handling the proposed MCB share sale?

The planned sale of 10,000 MCB common shares is to be handled by J.P. Morgan Securities LLC, located at 270 Park Avenue, 10th Floor, New York, NY 10017.

What recent MCB share sales are reported for the Robert C Patent Declaration of Trust?

The Robert C Patent Declaration of Trust sold 5,000 MCB shares on June 4, 2026 and 10,000 shares on June 12, 2026, with reported sale amounts of 451,043 and 964,057, respectively.

On which exchange are the MCB shares involved in the Form 144 listed?

The common stock covered by this Form 144 notice is listed on the NYSE, as indicated in the section describing the 10,000-share proposed sale through J.P. Morgan Securities LLC.

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