MetroCity Bankshares (MCBS) director receives 735-share restricted stock award
Rhea-AI Filing Summary
Lu Feiying reported acquisition or exercise transactions in this Form 4 filing.
MetroCity Bankshares director Lu Feiying received a grant of 735 shares of Common Stock as a restricted stock award at $32.66 per share. After the award, Lu directly holds 168,530 shares. The restricted stock vests 25% on the grant date and 25% annually over three years starting June 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 735 shares
Net Buy
1 txn
Insider
Lu Feiying
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 735 | $32.66 | $24K |
Holdings After Transaction:
Common Stock — 168,530 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: $32.66 per share
Post-grant holdings: 168,530 shares
+2 more
5 metrics
Restricted shares granted
735 shares
Restricted stock award to director Lu Feiying
Grant price
$32.66 per share
Value used for restricted stock award
Post-grant holdings
168,530 shares
Total Common Stock directly held after transaction
Initial vesting
25%
Portion of restricted stock vesting on grant date
Annual vesting installments
25% per year
Three-year vesting period beginning June 1, 2026
Key Terms
restricted stock award, vesting period, Common Stock, Grant, award, or other acquisition
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
"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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.
