Metropolitan Bank director sells 5,000 shares
Metropolitan Bank Holding Corp. director Robert C. Patent reported an open-market sale of 5,000 shares of common stock.
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Rhea-AI Filing Summary
Metropolitan Bank Holding Corp. director Robert C. Patent reported an open-market sale of 5,000 shares of common stock. The shares were sold at a weighted average price of $90.2104, with individual trade prices ranging from $89.7600 to $90.6000.
After the sale, he directly holds 96,185 shares, which the filing notes include restricted stock units that vest 100% on January 23, 2027. The transaction reflects a relatively small portion of his reported holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $90.2104 | $451K |
Footnotes (2)
- F1. The $90.2104 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.7600 to $90.6000, 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
Key Terms
weighted average price financial
restricted stock units financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Metropolitan Bank (MCB) report for Robert C. Patent?
What does the weighted average price mean in the Metropolitan Bank (MCB) Form 4?
Do Robert C. Patent’s Metropolitan Bank (MCB) holdings include restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.