PATENT ROBERT C 4
4 · Metropolitan Bank Holding Corp. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Metropolitan Bank (MCB) Director Robert C. Patent Sells 10,000 Shares
What Happened Robert C. Patent, a director of Metropolitan Bank Holding Corp. (MCB), sold 10,000 shares in an open-market transaction on June 12, 2026. The reported weighted-average sale price was $96.4077 per share (range $95.88–$96.785), for total gross proceeds of approximately $964,077. This was a sale (not a purchase or exercise).
Key Details
- Transaction date: June 12, 2026; Filing date: June 15, 2026 (filed three days after the trade—check whether this meets the Form 4 two-business-day deadline).
- Shares sold: 10,000; weighted-average price reported: $96.4077; price range as reported: $95.8800 to $96.7850.
- Reported proceeds: ~$964,077 (gross).
- Shares owned after the transaction: not specified in the provided filing excerpt — see the full Form 4 for current beneficial ownership.
- Footnote F1: The $96.4077 price is a weighted average; the filer can provide a breakdown of shares sold at each price on request.
- Footnote F2: Reported holdings include restricted stock units that vest 100% on January 23, 2027.
Context Director sales are common and can be for many non-public reasons (diversification, personal needs, planned sales, etc.); they do not by themselves indicate company performance. For full details on ownership, vesting schedules, and whether this sale was part of a trading plan (e.g., 10b5‑1), review the complete Form 4 filing (Accession No. 0001008343-26-000005).
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-12$96.41/sh−10,000$964,077→ 86,185 total
Footnotes (2)
- [F1]The $96.4077 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.8800 to $96.7850, 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 23, 2027.