Metropolitan Bank insider plans $111k stock sale, Form 144 filed

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp. (MCB) filed a Form 144 indicating an insider’s intention to sell up to 1,400 common shares through Fidelity Brokerage on the NYSE. Based on the filing’s stated market value of $111,020, the proposed transaction equals roughly 0.013 % of the company’s 10,660,109 shares outstanding, suggesting minimal market impact. The shares were originally acquired via open-market purchases—1,000 shares on 05/13/2022 and 400 shares on 03/13/2023—and are slated for sale on or after 07/22/2025. The filer reports no sales in the past three months and certifies awareness of no undisclosed adverse information. While quantitatively small, the notice provides transparency into insider activity and may be monitored by investors tracking sentiment.

Positive

• Transaction equals only ~0.013 % of shares outstanding, implying negligible dilution or price pressure.
• Form 144 filing increases transparency by disclosing insider intentions ahead of the sale.

Negative

• Insider sale can be viewed as a bearish signal by sentiment-focused investors, even if size is small.

Insights

Financial Analyst

TL;DR: Insider plans to sell 1,400 MCB shares worth $111k; size is immaterial to float but signals modest insider profit-taking.

The proposed sale represents just 0.013 % of outstanding shares, so supply pressure is negligible. Dollar value is minor versus MCB’s daily trading volume, limiting liquidity concerns. Because the shares were purchased on the open market rather than via option exercise, the insider could be realizing gains. No sales in the last quarter and the certification of no undisclosed negative information temper bearish interpretations. Overall, the filing is neutral to the fundamental outlook but may be watched by sentiment-driven investors.

Corporate Governance Expert

TL;DR: Routine Form 144 enhances disclosure; transaction size unlikely to affect governance or control.

Rule 144 filings serve as early warnings of insider sales, improving market transparency. The absence of prior 3-month sales and the insignificant percentage of shares involved indicate no control shift or coordinated disposal. The signer’s attestation of no undisclosed adverse information further supports compliance. Governance risk is unchanged; impact is chiefly informational.

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	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	1400	111020.00	10660109	07/22/2025	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	03/13/2023	Purchased	Open Market			400	03/13/2023	Cash/Check
Common	05/13/2022	Purchased	Open Market			1000	05/13/2022	Cash/Check

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

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

The filing covers 1,400 common shares.

What is the approximate market value of the planned sale?

The aggregate market value stated is $111,020.

When is the insider planning to sell the shares?

The approximate sale date listed is 07/22/2025.

What percentage of MCB’s shares outstanding does 1,400 shares represent?

About 0.013 % of the 10,660,109 shares outstanding.

How were the shares originally acquired?

All shares were purchased on the open market (05/13/2022 and 03/13/2023).

Have there been any insider sales by this filer in the last three months?

No; the table shows "Nothing to Report."