MCB (NYSE) director files to sell 5,000 shares via J.P. Morgan (06/04/2026)
Rhea-AI Filing Summary
MCB submitted a Form 144 reporting a proposed sale of 5,000 shares of Common Stock through J.P. Morgan Securities LLC. The filing lists an exchange designation of NYSE and a trade date of 06/04/2026. The filing also itemizes shares previously received as board compensation: 2,499 (11/08/2017), 1,629 (12/14/2018) and 872 (08/12/2016).
Positive
- None.
Negative
- None.
Insights
Form 144 notifies the SEC of a proposed sale by an affiliate via a broker.
Form 144 is a statutory notice that a person who may be deemed an affiliate intends to sell restricted or control securities in reliance on exemptions. The filing here identifies a broker, a proposed sale quantity, and a trade date.
Key dependencies are the brokered sale execution and compliance with holding-period and volume limits; subsequent SEC filings or trade reports will show whether the sale occurred.