Metropolitan Bank director sells 2,000 shares
A Metropolitan Bank Holding Corp. director sold 2,000 MCB shares and now directly holds 14,668 shares including unvested RSUs.
Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. (MCB) director Dale C. Fredston reported selling 2,000 shares of common stock on September 17, 2026 in an open market or private transaction at $89.09 per share.
After this sale, Fredston’s direct holdings total 14,668 shares, which includes restricted stock units that vest 100% on January 23, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
1 txn
Insider
Fredston Dale C
Role
Director
Sold
2,000 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,000 | $89.09 | $178K |
Holdings After Transaction:
Common Stock — 14,668 shares (Direct)
Footnotes (1)
- F1. Includes restricted stock units that vest 100% on January 23, 2027.
Key Figures
Shares sold: 2,000 shares
Sale price per share: $89.09 per share
Total shares following transaction: 14,668 shares
+2 more
5 metrics
Shares sold
2,000 shares
Common Stock sale on September 17, 2026
Sale price per share
$89.09 per share
Reported price for the September 17, 2026 sale
Total shares following transaction
14,668 shares
Direct holdings after the September 17, 2026 sale, including RSUs
Net shares sold
2,000 shares
Net sell activity across all transactions in this Form 4
RSU vesting date
January 23, 2027
Restricted stock units included in the 14,668-share balance vest 100% on this date
Key Terms
restricted stock units, open market or private transaction
2 terms
restricted stock units financial
"Includes restricted stock units that vest 100% on January 23, 2027"
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.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MCB director Dale C. Fredston report?
Dale C. Fredston reported a sale of 2,000 shares of Metropolitan Bank Holding Corp. common stock on September 17, 2026 in an open market or private transaction at $89.09 per share.
Does Dale C. Fredston’s reported MCB holding include restricted stock units?
Yes. The reported post-transaction holding of 14,668 shares for Dale C. Fredston includes restricted stock units that vest 100% on January 23, 2027.
Was the MCB insider transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the sale of 2,000 MCB shares by Dale C. Fredston is not reported as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.