STOCK TITAN

Metropolitan Bank (MCB) SVP receives stock grant and tax withholding entry

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

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp. reported that SVP and Chief Accounting Officer Bonnar Gerald David received a grant of 2,153 shares of common stock on March 2, 2026 as a stock award. These restricted stock units vest in three equal installments of 33.3% per year starting March 2, 2027.

On the same date, 1,099 shares of common stock were disposed of at $84.15 per share to cover tax withholding obligations when previously granted shares were delivered. After these transactions, David directly owned 13,390 shares of common stock, including earlier restricted stock unit grants with similar three-year vesting schedules.

Positive

  • None.

Negative

  • None.
Insider Bonnar Gerald David
Role SVP, Controller, CAO & PAO
Type Security Shares Price Value
Grant/Award Common Stock 2,153 $0.00 --
Tax Withholding Common Stock 1,099 $84.15 $92K
Holdings After Transaction: Common Stock — 14,489 shares (Direct)
Footnotes (1)
  1. Restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027. 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. Upon delivery to the Reporting Person of certain shares of common stock that were previously disclosed as having been granted, 1,099 shares were withheld by Metropolitan Bank Holding Corp. in respect of tax withholding obligations. Includes restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027.
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*
Bonnar Gerald David

(Last) (First) (Middle)
99 PARK AVENUE
12TH FLOOR

(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, Controller, CAO & PAO
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 2,153(1) A $0 14,489(2)(3) D
Common Stock 03/02/2026 F 1,099(4) D $84.15 13,390(2)(3)(5) 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, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025.
3. Includes restricted stock units granted on March 1, 2025 that vest at a rate of 33.3% per year commencing on March 1, 2026.
4. Upon delivery to the Reporting Person of certain shares of common stock that were previously disclosed as having been granted, 1,099 shares were withheld by Metropolitan Bank Holding Corp. in respect of tax withholding obligations.
5. 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.
* 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

What insider transactions did MCB executive Bonnar Gerald David report?

Bonnar Gerald David reported a stock award and related tax withholding. He acquired 2,153 shares of Metropolitan Bank Holding Corp. common stock as a grant, and 1,099 shares were withheld by the company to satisfy tax obligations tied to previously granted shares.

How many Metropolitan Bank (MCB) shares were granted to the SVP on March 2, 2026?

He was granted 2,153 shares of common stock on March 2, 2026. These were issued as restricted stock units that vest over three years, with 33.3% vesting each year beginning March 2, 2027, subject to the stated vesting schedule.

Why were 1,099 MCB shares disposed of in this Form 4 filing?

The 1,099 shares were withheld to cover tax obligations. When certain previously granted shares of Metropolitan Bank Holding Corp. common stock were delivered, the company retained these shares in satisfaction of the reporting person’s tax withholding liabilities.

At what price were the 1,099 withheld MCB shares valued?

The 1,099 shares used for tax withholding were valued at $84.15 per share. This value reflects the price applied when Metropolitan Bank Holding Corp. retained the shares to satisfy the reporting person’s associated tax obligations on delivered stock awards.

What is Bonnar Gerald David’s MCB share ownership after these transactions?

Following the transactions, he directly owned 13,390 shares of common stock. This total includes previously granted restricted stock units from 2024, 2025, and 2026, each vesting in three annual installments of 33.3% starting in the year after grant.

How do the 2026 restricted stock units for MCB vest over time?

The 2026 restricted stock units vest in three equal annual tranches. Specifically, 33.3% of the award vests each year, beginning on March 2, 2027, as long as the vesting conditions described for the grant continue to be satisfied by the reporting person.