MCB (ticker: MCB) insider schedules 10,000-share sale after prior trust sales
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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Key Figures
Planned shares to be sold: 10,000 shares
Trust sale on June 4, 2026: 5,000 shares; 451,043
Trust sale on June 12, 2026: 10,000 shares; 964,057
+4 more
7 metrics
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
Key Terms
Securities To Be Sold, Securities Sold During The Past 3 Months, Declaration of Trust
3 terms
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.