MCBS director receives 735-share restricted stock grant

Rhee Frank S. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Rhee Frank S. reported acquisition or exercise transactions in this Form 4 filing.

MetroCity Bankshares, Inc. director Frank S. Rhee reported receiving a grant of 735 shares of Common Stock as an equity award valued at $32.66 per share. This award is structured as restricted stock that vests 25% on the grant date and 25% annually over a three-year vesting period beginning on June 1, 2026. Following this award, Rhee directly holds 19,733 shares of Common Stock.

Insider Trade Summary

Grant/Award: 735 shares

Grant/Award 1 txn

Insider Rhee Frank S.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	735	$32.66	$24K

Holdings After Transaction: Common Stock — 19,733 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.

Key Figures

Restricted shares granted: 735 shares Grant value per share: $32.66 per share Shares held after grant: 19,733 shares +2 more

5 metrics

Restricted shares granted 735 shares Equity award of Common Stock to director Frank S. Rhee

Grant value per share $32.66 per share Reported value for restricted stock award

Shares held after grant 19,733 shares Total direct Common Stock holdings post-transaction

Vesting start June 1, 2026 Three-year vesting period begins on this date

Immediate vesting portion 25% of award Vests on the grant date per footnote

Key Terms

restricted stock award, vesting period, Common Stock, Form 4

4 terms

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.

Common Stock financial

"735 shares of Common Stock as an equity award"

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.

Form 4 regulatory

"Frank S. Rhee reported receiving 735 shares of Common Stock on Form 4"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did MetroCity Bankshares (MCBS) director Frank S. Rhee report on this Form 4?

Frank S. Rhee reported receiving 735 shares of MetroCity Bankshares Common Stock as an equity grant. The shares are restricted stock and increase his direct holdings to 19,733 shares after the transaction.

Was the MCBS Form 4 transaction a market purchase or a stock grant?

The MCBS Form 4 shows a stock grant, not a market purchase. The transaction code is A, meaning a grant, award, or other acquisition, with 735 restricted shares awarded at an indicated value of $32.66 per share.

How many MetroCity Bankshares (MCBS) shares does Frank S. Rhee hold after this grant?

After the restricted stock grant, Frank S. Rhee directly holds 19,733 shares of MetroCity Bankshares Common Stock. This total reflects his position immediately following the 735-share equity award reported in the Form 4 filing.

What are the vesting terms of the MCBS restricted stock award to Frank S. Rhee?

The restricted stock award vests 25% on the grant date, then 25% annually. The footnote states vesting continues over a three-year vesting period beginning on June 1, 2026, meaning the award becomes fully vested over several years.

What price per share is associated with the MCBS restricted stock grant?

The restricted stock grant to Frank S. Rhee is reported at a value of $32.66 per share. This price is used for reporting the award’s value on the Form 4 and does not represent an open-market purchase price.

Does the MCBS Form 4 indicate any stock sales by Frank S. Rhee?

The Form 4 does not report any stock sales by Frank S. Rhee. It shows only a single acquisition transaction coded as a grant of 735 restricted shares, with no dispositions or derivative exercises disclosed.

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

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Accepted by SEC EDGAR 06/02/2026 - 02:46 PM EDT Learn about SEC filing dates

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^*

Rhee Frank 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)

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	06/01/2026		A(1)		735	A	$32.66	19,733	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. 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 Peck	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)