MetroCity Bankshares (MCBS) director updates Form 4/A to correct share holdings

Rhea-AI Filing Summary

MetroCity Bankshares, Inc. director David S. Shim filed an amended Form 4 to correct his reported holdings of Common Stock. The filing does not report any new purchase or sale, but updates the number of shares directly owned. Following this correction, he is shown as directly owning 106,214 shares of Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shim David S.

Role Director

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 106,214 shares (Direct)

Footnotes (1)

1. F1. Prior Form 4 included the incorrect amount of common stock directly owned by the Reporting Person.

Key Figures

Shares directly owned: 106,214 shares

1 metrics

Shares directly owned 106,214 shares Common Stock directly owned after correction

Key Terms

Form 4, Common Stock, directly owned

3 terms

Form 4 regulatory

"Prior Form 4 included the incorrect amount of common stock directly owned"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"incorrect amount of common stock directly owned by the Reporting Person"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

directly owned financial

"incorrect amount of common stock directly owned by the Reporting Person"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/02/2026 - 06:18 PM Accepted by SEC EDGAR 06/02/2026 - 06:18 PM Learn about SEC filing dates

FAQ

What does MetroCity Bankshares (MCBS) director David Shim’s latest Form 4/A show?

The Form 4/A shows an updated holding entry for David S. Shim. It corrects the number of Common Stock shares he directly owns, now reported as 106,214 shares, without disclosing any new purchase or sale transactions.

Did David Shim buy or sell MetroCity Bankshares (MCBS) shares in this Form 4/A?

No new buy or sell transaction is reported in this Form 4/A. It functions as a holding update, correcting the previously reported amount of Common Stock directly owned, which is now shown as 106,214 shares after the amendment.

How many MetroCity Bankshares (MCBS) shares does David Shim now directly own?

After the amendment, David S. Shim is reported as directly owning 106,214 shares of MetroCity Bankshares Common Stock. This figure reflects a corrected ownership amount, replacing an incorrect total reported in a prior Form 4 filing.

Why was an amended Form 4/A filed for MetroCity Bankshares (MCBS) director David Shim?

The amended Form 4/A was filed because a prior Form 4 included an incorrect amount of Common Stock directly owned by David S. Shim. This amendment corrects that disclosure and updates his reported holdings to 106,214 shares of Common Stock.

Does the MetroCity Bankshares (MCBS) Form 4/A indicate any derivative positions for David Shim?

No derivative positions are shown for David S. Shim in this Form 4/A. The derivativeSummary is empty, and the filing focuses solely on correcting his directly owned Common Stock holdings to 106,214 shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shim David S.

(Last) (First) (Middle)

C/O METROCITY BANKSHARES, INC.

5114 BUFORD HIGHWAY

(Street)

DORAVILLE GEORGIA 30340

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MetroCity Bankshares, Inc. [ MCBS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/02/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								106,214(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Prior Form 4 included the incorrect amount of common stock directly owned by the Reporting Person.

	Nack Peck, attorney in fact	06/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)