MCB executive gets stock grant, shares withheld
Metropolitan Bank Holding Corp. senior executive Scott Norman reported mixed equity transactions.
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Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. senior executive Scott Norman reported mixed equity transactions. He received a grant of 2,296 shares of common stock as restricted stock units on March 2, 2026, vesting 33.3% annually starting March 2, 2027. On the same date, 2,310 shares were disposed of at $84.15 per share to cover tax withholding when previously granted shares were delivered, leaving him with 12,532 shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,296 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,310 | $84.15 | $194K |
Footnotes (5)
- F1. Restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027.
- F2. Includes restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025.
- F3. Includes restricted stock units granted on March 1, 2025 that vest at a rate of 33.3% per year commencing on March 1, 2026.
- F4. Upon delivery to the Reporting Person of certain shares of common stock that were previously disclosed as having been granted, 2,310 shares were withheld by Metropolitan Bank Holding Corp. in respect of tax withholding obligations.
- F5. Includes restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Scott Norman report in his Metropolitan Bank (MCB) Form 4 filing?
What is the vesting schedule for Scott Norman’s new Metropolitan Bank (MCB) restricted stock units?
What do the earlier RSU grants mentioned in the Metropolitan Bank (MCB) Form 4 footnotes represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.