Metropolitan Bank EVP trades 625 shares under 10b5-1 plan
Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. (MCB) insider activity: An Executive Vice President sold a total of 625 shares of common stock on 10/17/2025 pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2025. The trades executed at weighted average prices of $72.4193 (range $71.9600–$72.9000) and $73.2155 (range $72.9800–$73.5950).
Following these sales, the officer directly beneficially owns 27,714 shares. Additional indirect holdings reported include 250 shares by Child 1, 250 shares by Child 2, and 20 shares by Child 3. A correction notes that 230 indirectly held shares previously reported were included in error and are not part of current holdings. The filer is listed as an Executive Vice President and filed individually.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 insider sale; ownership updated post-trade.
The filing reports two open-market sales on October 17, 2025 by an Executive Vice President of MCB, executed under a pre-arranged Rule 10b5-1 plan adopted on June 6, 2025. The transactions totaled 625 shares at weighted averages of $72.4193 and $73.2155, with disclosed price ranges.
After the trades, direct beneficial ownership stands at 27,714 shares, with indirect positions of 250, 250, and 20 shares held by three children. The filing also corrects prior reports by excluding 230 indirectly held shares that were previously included in error.
This is an administrative update typical for Form 4s. Actual impact depends on insider trading plans and does not, by itself, indicate changes in company fundamentals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 586 | $72.4193 | $42K |
| Sale | Common Stock | 39 | $73.2155 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Sale effected pursuant to a Rule 10b5-1 trading arrangement adopted by the Reporting Person on June 6, 2025. The $72.4193 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.9600 to $72.9000, 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. Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024. 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. The $73.2155 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.9800 to $73.5950, 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 6. Does not include 230 indirectly-held shares that were previously reported on the reporting person's prior Forms 4. Such shares were included in the reporting person's holdings in error.
