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Metropolitan Bank director to sell 2,000 shares

A Metropolitan Bank Holding Corp. director filed a Rule 144 notice to resell 2,000 shares of common stock previously received as compensation.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp. (MCB) has a director, Dale C. Fredston, filing a notice of proposed sale of common stock under Rule 144. The filing lists up to 2,000 shares of common stock to be sold through Fidelity Brokerage Services LLC on the NYSE, with an indicated aggregate market value of $178,640.00 as of September 17, 2026. These shares were acquired from the issuer on January 27, 2025 as payment for services rendered classified as compensation.

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Shares proposed to be sold 2,000 shares of common stock Maximum amount of Metropolitan Bank Holding Corp. common stock covered by the Rule 144 notice
Aggregate market value $178,640.00 Market value stated for the 2,000 shares as of September 17, 2026
Planned sale date reference September 17, 2026 Date associated with the proposed sale and market value entry
Acquisition date of shares January 27, 2025 Date the 2,000 shares were received as payment for services rendered
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Payment For Services Rendered financial
"Common | 01/27/2025 | Payment For Services Rendered | ISSUER"
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Fredston Dale C"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Metropolitan Bank Holding Corp. (MCB)?

The Form 144 discloses that director Dale C. Fredston intends to sell up to 2,000 shares of Metropolitan Bank Holding Corp. common stock under Rule 144, through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $178,640.00 as of September 17, 2026.

How many Metropolitan Bank (MCB) shares are covered by this Rule 144 notice?

The notice covers up to 2,000 shares of Metropolitan Bank Holding Corp. common stock. These are the securities identified in the Form 144 as proposed to be sold through Fidelity Brokerage Services LLC on the NYSE.

What is the stated market value of the MCB shares in this Form 144?

The filing lists an aggregate market value of $178,640.00 for the 2,000 shares of Metropolitan Bank Holding Corp. common stock proposed to be sold under Rule 144 as of September 17, 2026.

When and how did the insider acquire the MCB shares to be sold?

The filing states that the 2,000 shares of Metropolitan Bank Holding Corp. common stock were acquired on January 27, 2025 from the issuer as Payment For Services Rendered, classified in the form as Compensation.

Who is executing the proposed sale of MCB shares under this Form 144?

The proposed sale will be executed through Fidelity Brokerage Services LLC. The Form 144 is signed by Jordyn Davis as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Dale C. Fredston.

On which market are the MCB shares in this Form 144 expected to trade?

The Form 144 identifies the trading market as the NYSE for the 2,000 shares of Metropolitan Bank Holding Corp. common stock proposed to be sold under Rule 144.

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

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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

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