PATENT ROBERT C 4
Research Summary
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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).