STOCK TITAN

Metropolitan Bank (MCB) director sells 10,000 shares at $96.41 average

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp. director Robert C. Patent sold 10,000 shares of common stock in an open-market transaction. The sale occurred on June 12, 2026 at a weighted average price of $96.4077 per share, across multiple trades between $95.8800 and $96.7850. Following this transaction, he directly owns 86,185 shares, which include restricted stock units scheduled to vest 100% on January 23, 2027.

Positive

  • None.

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  • None.
Insider PATENT ROBERT C
Role null
Sold 10,000 shs ($964K)
Type Security Shares Price Value
Sale Common Stock 10,000 $96.4077 $964K
Holdings After Transaction: Common Stock — 86,185 shares (Direct, null)
Footnotes (1)
  1. The $96.4077 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.8800 to $96.7850, 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 1. Includes restricted stock units that vest 100% on January 23, 2027.
Shares sold 10,000 shares Open-market sale of common stock on June 12, 2026
Weighted average sale price $96.4077 per share Calculated across multiple sale transactions
Sale price range $95.8800 to $96.7850 per share Range of individual trade prices in the sale
Shares owned after transaction 86,185 shares Direct holdings after sale, including RSUs
RSU vesting date January 23, 2027 Restricted stock units vest 100% on this date
weighted average price financial
"The $96.4077 price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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 sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
12TH FLOOR

(Street)
NEW YORK NEW YORK 10016

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Metropolitan Bank Holding Corp. [ MCB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026S10,000D$96.4077(1)86,185(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The $96.4077 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.8800 to $96.7850, 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 1.
2. Includes restricted stock units that vest 100% on January 23, 2027.
/s/ Zachary Levine, Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MCB director Robert C. Patent report?

Director Robert C. Patent reported selling 10,000 shares of Metropolitan Bank Holding Corp. common stock. The transaction was an open-market sale at a weighted average price of $96.4077 per share, executed through multiple trades within a narrow price range.

At what prices did Robert C. Patent sell MCB shares in this Form 4?

He sold the 10,000 Metropolitan Bank Holding Corp. shares at a weighted average price of $96.4077. Individual trades occurred at prices ranging from $95.8800 to $96.7850 per share, as disclosed in the Form 4 footnote.

How many Metropolitan Bank (MCB) shares does Robert C. Patent own after the sale?

After the sale, Robert C. Patent directly holds 86,185 shares of Metropolitan Bank Holding Corp. common stock. This figure includes restricted stock units that are scheduled to vest in full on January 23, 2027, according to the Form 4 disclosure.

Was the MCB director’s transaction a buy or sell according to the Form 4?

The Form 4 reports a sale by the Metropolitan Bank Holding Corp. director. It classifies the transaction as an open-market sale of 10,000 common shares, coded “S,” indicating a disposition rather than an acquisition of stock.

Do Robert C. Patent’s MCB holdings include restricted stock units (RSUs)?

Yes, his reported post-transaction holdings of 86,185 Metropolitan Bank shares include restricted stock units. The filing notes these RSUs are scheduled to vest 100% on January 23, 2027, which can increase his freely tradable share count at that time.