Shareholder Nack Y. Paek reports 4.63% MetroCity Bankshares (MCBS) ownership in 13G/A

Rhea-AI Filing Summary

MetroCity Bankshares, Inc. shareholder Nack Y. Paek filed an amended Schedule 13G reporting beneficial ownership of 1,333,976 shares of common stock, or 4.63% of the class. This includes 1,313,976 shares over which he has sole voting and dispositive power and 20,000 shares with shared voting and dispositive power.

The percentage is based on 28,817,967 MetroCity Bankshares common shares outstanding as of December 31, 2025, as referenced from the company’s Form 8-K. The filing confirms that Paek now reports ownership of 5 percent or less of the company’s common stock.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MetroCity Bankshares, Inc.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

59165J105

(CUSIP Number)

12/31/2024

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 59165J105

1

Names of Reporting Persons

Nack Y. Paek

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,313,976.00
6	Shared Voting Power 20,000.00
7	Sole Dispositive Power 1,313,976.00
8	Shared Dispositive Power 20,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,333,976.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.63 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Based on 28,817,967 shares of common stock, $0.01 par value per share, of MetroCity Bankshares, Inc. outstanding as of December 31, 2025, as reported on the Issuer's Form 8-K (Exhibit 99.1) filed with the Securities and Exchange Commission on January 30, 2026.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MetroCity Bankshares, Inc.
(b)	Address of issuer's principal executive offices: 5114 Buford Highway, Doraville, GA 30340
Item 2.
(a)	Name of person filing: Nack Y. Paek
(b)	Address or principal business office or, if none, residence: The address of the principal business office of Nack Y. Paek is: c/o Metrocity Bankshares, Inc. 5114 Buford Highway, Doraville, GA 30340
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock, $0.01 par value per share
(e)	CUSIP No.: 59165J105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,333,976
(b)	Percent of class: 4.63 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,313,976
	(ii) Shared power to vote or to direct the vote: 20,000
	(iii) Sole power to dispose or to direct the disposition of: 1,313,976
	(iv) Shared power to dispose or to direct the disposition of: 20,000
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Nack Y. Paek

Signature:	/s/ Nack Y. Paek
Name/Title:	Nack Y. Paek
Date:	02/04/2026

FAQ

What did MetroCity Bankshares (MCBS) disclose in this Schedule 13G/A?

MetroCity Bankshares (MCBS) disclosed that shareholder Nack Y. Paek filed an amended Schedule 13G reporting 1,333,976 shares of beneficial ownership. This represents 4.63% of the common stock, based on 28,817,967 shares outstanding as of December 31, 2025.

How many MetroCity Bankshares (MCBS) shares does Nack Y. Paek beneficially own?

According to the filing, Nack Y. Paek beneficially owns 1,333,976 MCBS shares. This includes 1,313,976 shares with sole voting and dispositive power and 20,000 shares with shared voting and dispositive power, as reported in the ownership section.

What percentage of MetroCity Bankshares (MCBS) does Nack Y. Paek own?

The Schedule 13G/A states that Nack Y. Paek owns 4.63% of MCBS common stock. This percentage is calculated using 28,817,967 shares outstanding as of December 31, 2025, as referenced from the company’s Form 8-K exhibit.

Does Nack Y. Paek have sole or shared voting power over MCBS shares?

The filing shows that Paek has sole voting power over 1,313,976 MCBS shares and shared voting power over 20,000 shares. The same breakdown applies to dispositive power, indicating how control over these shares is allocated.

Why is this MetroCity Bankshares (MCBS) filing labeled as ownership of 5 percent or less?

Item 5 of the Schedule 13G/A specifies ownership of 5 percent or less of a class. With a reported 4.63% stake, the filing confirms that Nack Y. Paek’s beneficial ownership has been reduced to below the 5% threshold that triggers heightened reporting.

What is the date of event for Nack Y. Paek’s MetroCity Bankshares (MCBS) ownership report?

The document lists December 31, 2024 as the date of the event requiring the filing. The ownership percentage reference uses shares outstanding as of December 31, 2025, as reported in MetroCity Bankshares’ Form 8-K exhibit.