STOCK TITAN

MetroCity Bankshares (MCBS) EVP granted 612-share restricted stock award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Mohdnor Abdul reported acquisition or exercise transactions in this Form 4 filing.

MetroCity Bankshares Executive Vice President Mohdnor Abdul received a grant of 612 shares of common stock, valued at $32.66 per share, as equity compensation. The restricted stock award vests 25% immediately, then 25% annually over three years starting on June 1, 2026. After this award, Abdul directly holds 6,175 shares.

Positive

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Insider Mohdnor Abdul
Role Executive Vice President
Type Security Shares Price Value
Grant/Award Common Stock 612 $32.66 $20K
Holdings After Transaction: Common Stock — 6,175 shares (Direct)
Footnotes (1)
  1. F1. The restricted stock award vests 25% on the grant date then 25% annually over a three-year vesting period beginning on June 1, 2026.
Restricted shares granted 612 shares Common Stock grant to Executive Vice President
Grant value per share $32.66 per share Reported price for restricted stock award
Shares owned after grant 6,175 shares Total direct holdings after transaction
Initial vesting 25% Portion vesting on grant date
Subsequent vesting schedule 25% annually over three years Annual vesting beginning June 1, 2026
restricted stock award financial
"The restricted stock award vests 25% on the grant date then 25% annually"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vesting period financial
"over a three-year vesting period beginning on June 1, 2026"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
"security_title": "Common Stock""
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did MetroCity Bankshares (MCBS) report for Mohdnor Abdul?

MetroCity Bankshares reported that Executive Vice President Mohdnor Abdul received a grant of 612 shares of common stock. This is a compensation-related equity award, not an open-market purchase or sale, and increases his direct holdings to 6,175 shares after the transaction.

At what price was the MetroCity Bankshares (MCBS) stock grant to Mohdnor Abdul recorded?

The 612-share stock award to Executive Vice President Mohdnor Abdul was recorded at $32.66 per share. This value is used for reporting and compensation purposes and reflects the fair market value assigned to the restricted stock on the grant date.

How does the restricted stock granted to MetroCity Bankshares (MCBS) EVP Mohdnor Abdul vest?

The restricted stock award to Mohdnor Abdul vests 25% on the grant date, with the remaining 75% vesting in three equal annual installments. Those installments begin on June 1, 2026, creating a four-year total vesting schedule tied to continued service.

Is the MetroCity Bankshares (MCBS) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction for MetroCity Bankshares Executive Vice President Mohdnor Abdul is a grant, not a market purchase. It is coded as an “A” transaction, described as a grant, award, or other acquisition of 612 restricted shares of common stock.

How many MetroCity Bankshares (MCBS) shares does Mohdnor Abdul own after this Form 4?

Following the 612-share restricted stock grant, Executive Vice President Mohdnor Abdul directly holds 6,175 shares of MetroCity Bankshares common stock. This total reflects his reported beneficial ownership immediately after the award was added to his existing holdings.

What role does Mohdnor Abdul hold at MetroCity Bankshares (MCBS) in this Form 4?

In this Form 4, Mohdnor Abdul is identified as an Executive Vice President of MetroCity Bankshares. The reported transaction reflects an equity compensation grant associated with his executive position, rather than an open-market trading decision in the company’s shares.
SEC Form 4
FORM 4UNITED 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*
Mohdnor Abdul

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A(1)612A$32.666,175D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The restricted stock award vests 25% on the grant date then 25% annually over a three-year vesting period beginning on June 1, 2026.
Nack Peck06/02/2026
** Signature of Reporting PersonDate
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)