Metropolitan Bank (NYSE: MCB) EVP sells 353 shares under 10b5-1 plan
Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. Executive Vice President Nick Rosenberg reported open-market sales of company common stock. He sold 263 shares on June 26, 2026 at a weighted average price of $100.0144 per share and 90 shares on June 29, 2026 at $100.055 per share. Both sales were executed pursuant to a pre-arranged Rule 10b5-1 trading arrangement adopted on June 6, 2025.
Following these transactions, Rosenberg directly holds 24,099 shares of common stock. He also reports indirect holdings of 20 shares for one child and 250 shares for each of two other children. The reported direct holdings include restricted stock units granted in 2024, 2025 and 2026 that vest in equal annual installments of 33.3% beginning in 2025, 2026 and 2027, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 353 shares ($35,309)
Net Sell
5 txns
Insider
Rosenberg Nick
Role
Executive Vice President
Sold
353 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 90 | $100.055 | $9K |
| Sale | Common Stock | 263 | $100.0144 | $26K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,099 shares (Direct);
Common Stock — 250 shares (Indirect, By Child 1)
Footnotes (1)
- Sale effected pursuant to a Rule 10b5-1 trading arrangement adopted by the Reporting Person on June 6, 2025. The $100.0144 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.0000 to $100.1650, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 2. Includes restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025. Includes restricted stock units granted on March 1, 2025 that vest at a rate of 33.3% per year commencing on March 1, 2026. Includes restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027.
Key Figures
Shares sold June 26, 2026: 263 shares at $100.0144
Shares sold June 29, 2026: 90 shares at $100.0550
Total shares sold: 353 shares
+5 more
8 metrics
Shares sold June 26, 2026
263 shares at $100.0144
Open-market sale, weighted average price with range $100.0000–$100.1650
Shares sold June 29, 2026
90 shares at $100.0550
Open-market sale
Total shares sold
353 shares
Net sale across two transactions reported in this Form 4
Direct holdings after trades
24,099 shares
Common stock directly owned following June 2026 sales
Indirect holdings – Child 3
20 shares
Indirect ownership reported as “By Child 3” as of June 26, 2026
Indirect holdings – Child 1 and Child 2
250 shares each
Indirect ownership “By Child 1” and “By Child 2” as of June 26, 2026
10b5-1 plan adoption date
June 6, 2025
Rule 10b5-1 trading arrangement governing reported sales
RSU vesting rate
33.3% per year
Vesting rate for RSUs granted in 2024, 2025 and 2026
Key Terms
Rule 10b5-1 trading arrangement, weighted average price, restricted stock units, indirect ownership
4 terms
Rule 10b5-1 trading arrangement regulatory
"Sale effected pursuant to a Rule 10b5-1 trading arrangement adopted by the Reporting Person on June 6, 2025."
weighted average price financial
"The $100.0144 price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"Includes restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
indirect ownership financial
"total_shares_following_transaction": "20.0000", "direct_or_indirect": "I", "nature_of_ownership": "By Child 3""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Metropolitan Bank (MCB) executive Nick Rosenberg report in this Form 4?
Nick Rosenberg reported two open-market sales of Metropolitan Bank common stock totaling 353 shares. The trades occurred on June 26 and June 29, 2026, and were executed under a pre-arranged Rule 10b5-1 trading plan adopted in June 2025.
Were Nick Rosenberg’s Metropolitan Bank (MCB) stock sales pre-planned?
Yes. The Form 4 footnotes state the sales were effected under a Rule 10b5-1 trading arrangement adopted on June 6, 2025. Such pre-planned programs automatically execute trades according to preset instructions rather than day-to-day market timing decisions.
What does the weighted average price mean in Nick Rosenberg’s MCB stock sale?
The $100.0144 figure for the June 26 sale is a weighted average price across multiple transactions. Individual trades that day occurred between $100.0000 and $100.1650 per share, and the reporting person offers to provide detailed breakdowns upon request.
What restricted stock units are included in Nick Rosenberg’s Metropolitan Bank (MCB) holdings?
His reported holdings include restricted stock units granted on March 1, 2024; March 1, 2025; and March 2, 2026. Each grant vests at a rate of 33.3% per year, starting on March 1, 2025, March 1, 2026, and March 2, 2027 respectively.