PATENT ROBERT C 4
4 · Metropolitan Bank Holding Corp. · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
Metropolitan Bank (MCB) Director Robert C. Patent Sells Shares
What Happened Robert C. Patent, a director of Metropolitan Bank Holding Corp. (MCB), reported multiple open-market disposals on January 22–23, 2026, selling a total of 14,445 shares for aggregate proceeds of approximately $1,360,130. Individual sales included blocks of 4,998; 4,588; 414; 912; 1,433; and 2,100 shares at weighted-average prices in the mid-$90s (see Key Details). In addition, he was reported as acquiring 2,500 shares (awarded/restricted stock units) at no cash cost.
These transactions are primarily sales (often routine for insiders to diversify or satisfy tax/liquidity needs); the acquisition was an award/RSU grant rather than a market purchase.
Key Details
- Dates: Sales on 2026-01-22 and 2026-01-23; award reported 2026-01-23.
- Sales detail (weighted avg. prices and noted ranges per filing footnotes):
- 4,998 shares — $94.64 (weighted; trades ranged ~$94.00–$95.00). (F1)
- 4,588 shares — $95.28 (weighted; trades ranged ~$95.01–$95.54). (F3)
- 414 shares — $96.16 (weighted; trades ranged ~$96.03–$96.32). (F4)
- 912 shares — $90.04 (single-weight price reported).
- 1,433 shares — $92.14 (weighted; trades ranged ~$92.00–$92.2866). (F5)
- 2,100 shares — $93.36 (weighted; trades ranged ~$93.177–$93.522). (F6)
- Total sold: 14,445 shares for ~$1,360,130; Total acquired by award: 2,500 shares (no cash).
- Vesting/award notes: Footnotes indicate restricted stock units with vesting dates noted (some vest 100% on Jan 27, 2026; others vest 100% on Jan 23, 2027). (F2, F7)
- Filing timeliness: Report filed 2026-01-26 for transactions on 2026-01-22 and 01-23 — the filing appears timely per standard Form 4 rules. No 10b5-1 plan or late filing is disclosed in the provided excerpt.
- Shares owned after the transactions: Not specified in the excerpt provided.
Context
- Sales by directors are common and do not necessarily signal company outlook; purchases (or retention of shares) tend to be more informative about insider bullishness.
- The reported acquisition is an award/RSU grant (vesting schedule noted in footnotes), not an open-market buy.
- Weighted-average prices and ranges mean each reported block was executed in multiple trades at varying prices; full per-trade detail is available from the filer upon request, per the footnotes.
Insider Transaction Report
Form 4
PATENT ROBERT C
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-01-22$94.64/sh−4,998$472,997→ 93,687 total - Sale
common stock
[F3][F2]2026-01-22$95.28/sh−4,588$437,123→ 89,099 total - Sale
common stock
[F4][F2]2026-01-22$96.16/sh−414$39,808→ 88,685 total - Sale
common stock
[F2]2026-01-23$90.04/sh−912$82,120→ 87,773 total - Sale
common stock
[F5][F2]2026-01-23$92.14/sh−1,433$132,031→ 86,340 total - Sale
common stock
[F6][F2]2026-01-23$93.36/sh−2,100$196,051→ 84,240 total - Award
common stock
[F7][F2]2026-01-23+2,500→ 86,740 total
Holdings
- 14,445(indirect: By Profit Sharing Plan)
Common Stock
Footnotes (7)
- [F1]The $94.6373 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.0000 to $95.0000, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 1.
- [F2]Includes restricted stock units that vest 100% on January 27, 2026.
- [F3]The $95.2753 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.0100 to $95.5400, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 3.
- [F4]The $96.1553 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.0300 to $96.3200, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 4.
- [F5]The $92.1361 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.0000 to $92.2866, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 5.
- [F6]The $93.3577 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.1770 to $93.5220, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 6.
- [F7]Restricted stock units that vest 100% on January 23, 2027.
Signature
/s/ Zachary Levine, Attorney-in-Fact|2026-01-26