Metropolitan Bank (MCB) EVP Nick Rosenberg sells 1,897 shares under 10b5‑1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. Executive Vice President Nick Rosenberg reported open‑market sales of company stock. He sold 1,807 shares of common stock on July 1, 2026 at a weighted average price of $100.4250 per share and 90 shares on June 30, 2026 at $100.0300 per share.
After these transactions, he directly holds 22,202 common shares. A footnote states the July 1 sale was effected under a pre‑arranged Rule 10b5‑1 trading plan adopted on June 6, 2025, meaning the trades were scheduled in advance. In addition to his direct holdings, he reports indirect ownership of common stock held for three children, including 250 shares for each of two children and 20 shares for a third child.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,897 shares ($190,471)
Net Sell
5 txns
Insider
Rosenberg Nick
Role
Executive Vice President
Sold
1,897 shs ($190K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,807 | $100.425 | $181K |
| Sale | Common Stock | 90 | $100.03 | $9K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,202 shares (Direct, null);
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. 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. The $100.4250 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.0400 to $100.9800, 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 5.
Key Figures
Shares sold July 1, 2026: 1,807 shares
Shares sold June 30, 2026: 90 shares
Total shares sold in period: 1,897 shares
+5 more
8 metrics
Shares sold July 1, 2026
1,807 shares
Open-market sale of common stock at weighted average $100.4250
Shares sold June 30, 2026
90 shares
Open-market sale of common stock at $100.0300 per share
Total shares sold in period
1,897 shares
Net sell shares from transaction summary
Direct holdings after transactions
22,202 shares
Common stock directly owned following July 1, 2026 sale
Price range for July 1 trades
$100.0400–$100.9800
Range of prices for multiple transactions included in weighted average
Indirect holdings by Child 1
250 shares
Common stock reported as indirectly owned "By Child 1"
Indirect holdings by Child 2
250 shares
Common stock reported as indirectly owned "By Child 2"
Indirect holdings by Child 3
20 shares
Common stock reported as indirectly owned "By Child 3"
Key Terms
Rule 10b5-1 trading arrangement, restricted stock units, weighted average price, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading arrangement regulatory
"Sale effected pursuant to a Rule 10b5-1 trading arrangement adopted by the Reporting Person"
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.
weighted average price financial
"The $100.4250 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.
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By Child 1""
open-market sale financial
"transaction_action: "open-market sale" with transaction code "S" for common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Nick Rosenberg report in this Form 4 for Metropolitan Bank Holding Corp. (MCB)?
Nick Rosenberg reported selling common stock of Metropolitan Bank Holding Corp. in open‑market transactions. He sold 1,807 shares on July 1, 2026 and 90 shares on June 30, 2026, then reported updated direct and indirect share holdings after these sales.
Were Nick Rosenberg’s Metropolitan Bank (MCB) stock sales under a Rule 10b5‑1 plan?
Yes. A footnote states the July 1, 2026 sale was effected under a Rule 10b5‑1 trading arrangement adopted on June 6, 2025. Such plans schedule trades in advance, indicating the timing of this sale was pre‑arranged rather than a discretionary same‑day decision.
What does the weighted average price mean in Nick Rosenberg’s MCB stock sale?
The reported $100.4250 is a weighted average price for the July 1, 2026 sale. A footnote explains shares were sold in multiple trades between $100.0400 and $100.9800, and detailed price breakdowns are available upon request from the company, shareholders, or SEC staff.
Does Nick Rosenberg report any indirect ownership of Metropolitan Bank (MCB) stock?
Yes. The Form 4 lists indirect ownership entries labeled “By Child 1,” “By Child 2,” and “By Child 3.” These show 250 shares for Child 1, 250 shares for Child 2, and 20 shares for Child 3, in addition to his directly held 22,202 shares.