Metropolitan Bank director sells 10,000 shares
Metropolitan Bank Holding Corp. director Robert C. Patent sold 10,000 shares of common stock in an open-market transaction.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
PATENT ROBERT C
Role
Director
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)
Footnotes (2)
- F1. 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.
- F2. Includes restricted stock units that vest 100% on January 23, 2027.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $96.4077 per share
Sale price range: $95.8800 to $96.7850 per share
+2 more
5 metrics
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
Key Terms
weighted average price, restricted stock units, open-market sale
3 terms
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
