Metropolitan Bank (MCB) risk chief gets stock grant and tax share withholding

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp. reported that SVP & Chief Risk Officer Gregory Gaare received an equity award and had shares withheld for taxes. On March 2, 2026, he acquired 2,414 shares of common stock at $0.00 per share as a grant/award. Related footnotes describe these as restricted stock units vesting 33.3% per year starting March 2, 2027. On the same date, 342 shares of common stock at $84.15 per share were disposed of to cover tax withholding obligations upon delivery of previously granted shares, a non‑market, tax-withholding transaction.

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

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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^*

Gaare Gregory

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		A		2,414(1)	A	$0	5,217(2)	D
Common Stock	03/02/2026		F		342(3)	D	$84.15	4,875(2)(4)	D

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. Restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027.

2. Includes restricted stock units granted on March 1, 2025 that vest at a rate of 33.3% per year commencing on March 1, 2026.

3. Upon delivery to the Reporting Person of certain shares of common stock that were previously disclosed as having been granted, 342 shares were withheld by Metropolitan Bank Holding Corp. in respect of tax withholding obligations.

4. Includes restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027.

	/s/ Zachary Levine, Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did MCB executive Gregory Gaare report on this Form 4?

Gregory Gaare reported an equity grant and a tax-related share disposition. He acquired 2,414 shares of Metropolitan Bank Holding Corp. common stock as a grant, and 342 shares were withheld to satisfy tax obligations upon delivery of earlier-awarded shares.

How many Metropolitan Bank (MCB) shares did Gregory Gaare acquire in the latest grant?

Gregory Gaare acquired 2,414 shares of common stock via a grant on March 2, 2026. The related footnotes state these are restricted stock units vesting 33.3% per year beginning March 2, 2027, reflecting multi-year equity-based compensation.

Why were 342 MCB shares disposed of in Gregory Gaare’s Form 4 filing?

The 342 Metropolitan Bank Holding Corp. shares were withheld to cover tax withholding obligations. A footnote explains they were retained by the company when previously granted shares were delivered, rather than sold in an open-market transaction.

What is the vesting schedule for Gregory Gaare’s March 2, 2026 restricted stock units at MCB?

The March 2, 2026 restricted stock units vest in three installments. Footnotes specify they vest at a rate of 33.3% per year, commencing on March 2, 2027, giving Gaare a staggered multi-year vesting structure tied to continued service.

Does Gregory Gaare’s Form 4 for MCB include earlier restricted stock unit grants?

Yes. A footnote states his holdings include restricted stock units granted on March 1, 2025. Those units vest 33.3% per year starting March 1, 2026, and are part of his overall equity-based compensation from Metropolitan Bank Holding Corp.