Metropolitan Bank (MCB) insider plans brokered sale of 3,750 shares; prior sale raised $93.8k

Rhea-AI Filing Summary

Form 144 filed for Metropolitan Bank Holding Corp. (MCB) shows an insider sale program notice and a recent insider sale. The notice lists a proposed sale of 3,750 shares of common stock to be executed through J.P. Morgan Securities on September 17, 2025, with an aggregate market value of $290,475. The company has 10,421,384 shares outstanding, so the proposed sale represents approximately 0.036% of outstanding shares. The filer previously sold 1,250 shares on July 3, 2025 for gross proceeds of $93,815. Acquisition details show the shares to be sold were granted as executive compensation in multiple awards between 2018 and 2021 totaling the amounts listed in the filing. The filer certifies no undisclosed material adverse information.

Positive

• Full disclosure of planned sale including broker, date, and aggregate market value
• Prior sale reported with gross proceeds, showing transaction history and transparency
• Shares originated from executive compensation awards, indicating planned monetization of vested compensation

Negative

• No price per share disclosed
• Limited contextual information

Insights

Securities Analyst

TL;DR: Insider plans to sell a small, non‑material stake (3,750 shares) via brokered transaction; prior small sale realized ~$93.8k.

The filing documents a Rule 144 notice for a brokered sale of 3,750 shares valued at $290,475 and confirms an earlier sale of 1,250 shares generating $93,815. Given the tiny size relative to 10.4 million shares outstanding (~0.036%), this appears operationally routine rather than a signal of material corporate change. The shares originated from executive compensation awards over 2018–2021, which is consistent with scheduled monetization of vested compensation. For investors, the transaction is standard insider liquidity rather than a material supply shock.

Corporate Governance Expert

TL;DR: Filing is a routine Rule 144 notification with appropriate broker details and seller representations; no governance red flags disclosed.

The notice includes broker information, sale date, and a representation that the seller lacks undisclosed material information. The earlier July sale and this planned September sale are properly disclosed and tied to compensation grants, reducing concerns about undeclared transfers or external purchasers. Absent other filings (e.g., sudden departures, related‑party transactions), this looks like customary insider selling consistent with compensation vesting and liquidity needs.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 390 Madison Avenue, 6th Floor New York NY 10017	3750	290475	10421384	09/17/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/02/2018	Executive compensation	Issuer			631	01/02/2018	Compensation
Common Stock	12/31/2019	Executive compensation	Issuer			1045	12/31/2019	Compensation
Common Stock	01/01/2020	Executive compensation	Issuer			1272	01/01/2020	Compensation
Common Stock	03/01/2020	Executive compensation	Issuer			729	03/01/2020	Compensation
Common Stock	03/01/2021	Executive compensation	Issuer			73	03/01/2021	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Nick Rosenberg C/o Metropolitan Bank Holding Corp 99 Park Avenue New York NY 10016	Common Stock	07/03/2025	1250	93815

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did the Form 144 for Metropolitan Bank Holding Corp (MCB) report?

The filing reports a proposed sale of 3,750 common sharesSeptember 17, 2025 with an aggregate market value of $290,475, and a prior sale of 1,250 shares on July 3, 2025 yielding $93,815.

How large is the proposed sale relative to MCB's outstanding shares?

The proposed sale of 3,750 shares represents approximately 0.036% of the 10,421,384 shares reported outstanding.

Who is the broker handling the proposed sale?

The filing lists J.P. Morgan Securities LLC at 390 Madison Avenue, New York, NY as the broker for the proposed sale.

What is the origin of the shares to be sold?

The filing states the shares were acquired as executive compensation in multiple awards dated between 2018 and 2021.

Did the filer certify any material undisclosed information?

Yes. By signing the form, the person represents they do not know any material adverse information