PATENT ROBERT C 4

What Happened

• Robert C. Patent, a director of Metropolitan Bank Holding Corp. (MCB), sold 5,000 shares on 2026-06-04 in open‑market transactions. The filing reports a weighted average price of $90.2104, for total proceeds of approximately $451,052. This was a sale (not a purchase or award), which is often routine insider selling and not by itself an indicator of company performance.

Key Details

• Transaction date: 2026-06-04 (filed 2026-06-05 — timely filing).
• Price: weighted average $90.2104; individual trades ranged from $89.76 to $90.60 (see footnote).
• Shares sold: 5,000; reported proceeds ≈ $451,052.
• Shares owned after transaction: not specified in the data provided in this summary (not disclosed here).
• Notable footnotes:
  • F1: $90.2104 is a weighted average; shares were sold in multiple transactions at prices between $89.76 and $90.60. The reporting person can provide a breakdown on request.
  • F2: Filing notes inclusion of restricted stock units that vest 100% on January 23, 2027 (pertains to holdings/vesting).
• Filing timeliness: The Form 4 was filed the day after the trade — within the usual reporting window.

Context

• Sales by non-executive insiders (like directors) can be routine (liquidity, diversification, tax planning). Because this was a sale, it signals disposition of shares rather than a vote of confidence via purchase. There is no indication here of option exercises, gifts, or a 10b5‑1 plan in the provided details. If you want the exact per‑trade breakdown or the reporting person’s post‑trade holdings, those can be requested from the company or SEC filing staff as noted in the footnote.