MetroCity Bankshares (MCBS) director receives 735-share restricted stock award
Rhea-AI Filing Summary
Paek John reported acquisition or exercise transactions in this Form 4 filing.
MetroCity Bankshares director John Paek received a grant of 735 shares of Common Stock as equity compensation. The award is valued at $32.66 per share and increases his direct holdings to 235,821 shares. The restricted stock vests 25% on the grant date, then 25% annually over a three-year period beginning on June 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 735 shares
Net Buy
1 txn
Insider
Paek John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 735 | $32.66 | $24K |
Holdings After Transaction:
Common Stock — 235,821 shares (Direct)
Footnotes (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 price per share: $32.66 per share
Shares held after transaction: 235,821 shares
+1 more
4 metrics
Restricted shares granted
735 shares
Common Stock award to director John Paek
Grant price per share
$32.66 per share
Value used for the 735-share restricted stock award
Shares held after transaction
235,821 shares
Total Common Stock directly owned by John Paek after grant
Vesting schedule
25% at grant, then 25% annually
Over three-year vesting period beginning June 1, 2026
Key Terms
restricted stock award, vesting period, Common Stock
3 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
"The restricted stock award vests 25% on the grant date"
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.
