MCB (MCB) EVP reports stock grant and tax share withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. Executive Vice President Nick Rosenberg reported equity compensation and related tax withholding in common stock. He acquired 4,241 shares through a grant or award on March 2, 2026 at a stated price of $0.0000 per share, lifting his direct holdings to 30,080 shares.
On the same date, 5,628 shares were disposed of at $84.1500 per share to satisfy tax withholding obligations upon delivery of previously granted shares, leaving 24,452 directly held shares. Footnotes note multiple restricted stock unit grants that vest 33.3% per year starting on specified March vesting dates. Indirect holdings also include 250, 250 and 20 shares held for three children.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Rosenberg Nick
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,241 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,628 | $84.15 | $474K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,080 shares (Direct);
Common Stock — 250 shares (Indirect, By Child 1)
Footnotes (1)
- Restricted stock units granted on March 2, 2026 that vest at a rate of 33.3% per year commencing on March 2, 2027. 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. Upon delivery to the Reporting Person of certain shares of common stock that were previously disclosed as having been granted, 5,628 shares were withheld by Metropolitan Bank Holding Corp. in respect of tax withholding obligations. 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
What insider transactions did MCB executive Nick Rosenberg report on March 2, 2026?
Nick Rosenberg reported a grant of 4,241 shares of Metropolitan Bank Holding Corp. common stock and a related disposition of 5,628 shares for tax withholding. These transactions adjusted his direct and indirect equity positions without indicating an open-market purchase or sale.
Was the MCB insider transaction by Nick Rosenberg a stock grant or a purchase?
The primary transaction was a stock grant, not a market purchase. Rosenberg acquired 4,241 common shares at a stated price of $0.0000 per share as a grant or award, reflecting equity compensation rather than buying shares in the open market.
What are the key vesting terms of Nick Rosenberg’s MCB restricted stock units?
Rosenberg’s restricted stock units vest in equal installments of 33.3% per year. Grants dated March 1, 2024, March 1, 2025, and March 2, 2026 each vest annually, beginning on March 1, 2025, March 1, 2026, and March 2, 2027 respectively, according to the footnotes.