STOCK TITAN

Metropolitan Bank Director Trims 2.5% of Direct Stake in Form 4 Filing

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp (NYSE:MCB) submitted a routine Form 4 reporting that director Robert C. Patent sold 2,000 shares of common stock on June 18 2025 at an average price of $65.606, generating proceeds of roughly $131 thousand.

After the transaction, Patent retains 79,183 shares in direct ownership and a combined 86,829 shares held indirectly through a partnership (69,004 shares), a profit-sharing plan (14,445 shares) and a power-of-attorney arrangement over a sibling’s account (3,380 shares). The sale represents about 2.5 percent of his directly-held stake and does not materially change his overall economic exposure to the company.

Positive

  • None.

Negative

  • None.
Insider PATENT ROBERT C
Role Director
Sold 2,000 shs ($131K)
Type Security Shares Price Value
Sale Common Stock 2,000 $65.606 $131K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 79,183 shares (Direct); Common Stock — 69,004 shares (Indirect, By Partnership)
Footnotes (1)
  1. Includes restricted stock units that vest 100% on January 27, 2026. The Reporting Person maintains a power of attorney granted by the Reporting Person's sibling with respect to these shares, including voting power over the shares. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PATENT ROBERT C

(Last) (First) (Middle)
99 PARK AVENUE

(Street)
NEW YORK NY 10016

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Metropolitan Bank Holding Corp. [ MCB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/18/2025 S 2,000 D $65.606 79,183(1) D
Common Stock 69,004 I By Partnership
Common Stock 14,445 I By Profit Sharing Plan
Common Stock 3,380 I By Sibling(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes restricted stock units that vest 100% on January 27, 2026.
2. The Reporting Person maintains a power of attorney granted by the Reporting Person's sibling with respect to these shares, including voting power over the shares. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
/s/ Zachary Levine, Attorney-in-Fact 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many MCB shares did director Robert C. Patent sell on June 18, 2025?

The Form 4 discloses a sale of 2,000 common shares at an average price of $65.606 per share.

What is Robert C. Patent’s remaining ownership in MCB after the reported sale?

He now owns 79,183 shares directly and 86,829 shares indirectly via partnership, profit-sharing plan and power-of-attorney arrangements.