MetroCity Bankshares (MCBS) president awarded 31K-share stock grant

Rhea-AI Filing Summary

Tan Farid reported acquisition or exercise transactions in this Form 4 filing.

MetroCity Bankshares, Inc. president and director Tan Farid reported a compensation-related stock grant. On June 1, 2026, he was awarded 31,107 shares of Common Stock at a reported value of $32.66 per share. The restricted stock award vests 25% on the grant date and 25% annually over a three-year vesting period beginning on June 1, 2026. After this award, Farid directly holds 1,005,233 shares of MetroCity Bankshares common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tan Farid

Role President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	31,107	$32.66	$1.02M

Holdings After Transaction: Common Stock — 1,005,233 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 31,107 shares Grant value per share: $32.66 per share Post-transaction holdings: 1,005,233 shares +2 more

5 metrics

Restricted stock grant 31,107 shares Common Stock awarded to Tan Farid on June 1, 2026

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

Post-transaction holdings 1,005,233 shares Total common shares directly held by Tan Farid after grant

Initial vesting portion 25% of award Vests on the grant date of the restricted stock award

Annual vesting rate 25% per year Vests annually over a three-year period beginning June 1, 2026

Key Terms

restricted stock award, vesting period, Grant, award, or other acquisition

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.

Grant, award, or other acquisition financial

"transaction code description is Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Tan Farid

(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
X	Officer (give title below)		Other (specify below)
	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)

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)		31,107	A	$32.66	1,005,233	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)

FAQ

What insider transaction did MetroCity Bankshares (MCBS) report for Tan Farid?

MetroCity Bankshares reported that president and director Tan Farid received a grant of 31,107 shares of common stock on June 1, 2026. This was a restricted stock award, categorized as a grant or other acquisition rather than an open-market purchase.

At what price was Tan Farid’s MetroCity Bankshares stock grant valued?

The 31,107-share restricted stock award to Tan Farid was valued at $32.66 per share. This price is used in the Form 4 to represent the transaction value for the granted shares and does not indicate an open-market trading price.

How does the restricted stock award to Tan Farid vest at MetroCity Bankshares (MCBS)?

The restricted stock award to Tan Farid vests 25% on the grant date, with the remaining shares vesting 25% annually over a three-year vesting period beginning on June 1, 2026. This schedule ties continued service to full ownership of all granted shares.

How many MetroCity Bankshares shares does Tan Farid hold after this Form 4 transaction?

Following the June 1, 2026 grant, Tan Farid directly holds 1,005,233 shares of MetroCity Bankshares common stock. This total reflects his ownership after adding the 31,107 restricted shares reported in this Form 4 filing.

Was Tan Farid’s MetroCity Bankshares (MCBS) transaction an open-market buy or a compensation grant?

The Form 4 classifies Tan Farid’s transaction as a grant, award, or other acquisition with transaction code A. This indicates a compensation-related restricted stock award, not an open-market purchase of MetroCity Bankshares shares.