[Form 4] Metropolitan Bank Holding Corp. Insider Trading Activity

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp (MCB) EVP and Chief Lending Officer Scott Lublin reported insider sales transactions executed on June 20, 2025, under a pre-established Rule 10b5-1 trading plan from March 18, 2025.

Key transaction details:

• Sold 4,956 shares at weighted average price of $65.0195 (range: $64.52-$65.4952)
• Sold additional 44 shares at weighted average price of $65.6453 (range: $65.5899-$65.7378)
• Following transactions, Lublin holds 51,179 shares directly

Remaining holdings include multiple restricted stock unit (RSU) grants from 2023-2025 with various vesting schedules, including performance-based RSUs granted May 30, 2024, vesting in thirds from June 2025 through February 2027.

Positive

• The insider retains significant equity stake with 51,179 shares after the transaction, demonstrating continued alignment with shareholders
• The sale was executed under a pre-planned Rule 10b5-1 trading arrangement from March 18, 2025, indicating this was not a reactive sale
• The executive has multiple unvested RSU grants from 2023-2025 showing long-term retention incentives

Negative

• EVP and Chief Lending Officer Scott Lublin sold 5,000 shares (4,956 + 44) at average prices of $65.02 and $65.65
• The sale represents a reduction in the executive's direct holdings, though the percentage impact is moderate
• Multiple insider sales could signal management's view on current valuation or future prospects

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).

X

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^*

Lublin Scott

(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)
	EVP and Chief Lending Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

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	06/20/2025		S(1)		4,956	D	$65.0195(2)	51,223(3)(4)(5)(6)	D
Common Stock	06/20/2025		S(1)		44	D	$65.6453(7)	51,179(3)(4)(5)(6)	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. Sale effected pursuant to a Rule 10b5-1 trading arrangement adopted by the Reporting Person on March 18, 2025.

2. The $65.0195 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.5200 to $65.4952, 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 2.

3. Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024.

4. Includes restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025.

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

6. Includes restricted stock units granted on May 30, 2024, subject to certain performance criteria, that vest at a rate of 33.3% per year commencing on June 1, 2025. The remaining restricted stock units of this award will vest 1/3 on each of February 28, 2026 and 2027.

7. The $65.6453 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.5899 to $65.7378, 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 7.

	/s/ Zachary Levine, Attorney-in-Fact	06/24/2025
	** 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 Scott Lublin sell on June 20, 2025?

Scott Lublin, EVP and Chief Lending Officer of MCB, sold a total of 5,000 shares on June 20, 2025, consisting of 4,956 shares at an average price of $65.0195 and 44 shares at an average price of $65.6453.

What is Scott Lublin's position at Metropolitan Bank Holding Corp (MCB)?

Scott Lublin serves as Executive Vice President (EVP) and Chief Lending Officer at Metropolitan Bank Holding Corp (MCB).

Was MCB insider Scott Lublin's stock sale planned in advance?

Yes, the sale was executed pursuant to a Rule 10b5-1 trading arrangement that Lublin adopted on March 18, 2025, which is a pre-planned trading program designed to comply with insider trading regulations.

How many MCB shares does Scott Lublin own after the June 20, 2025 transactions?

Following the reported transactions, Scott Lublin directly owns 51,179 shares of MCB, which includes various restricted stock units granted between 2023-2025 that vest over time.

What is the vesting schedule for Scott Lublin's MCB restricted stock units?

Lublin has multiple RSU grants with 33.3% annual vesting schedules: March 2023 grants vest from March 1, 2024; March 2024 grants vest from March 1, 2025; March 2025 grants vest from March 1, 2026; and May 2024 performance-based grants vest from June 1, 2025 through February 28, 2027.