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 August 10, 2026. The reported total proceeds were $922,923, with a weighted-average price reported as $92.2923 (file lists $92.29).

Key Details

• Transaction date: August 10, 2026 (sale; code S — open market/private sale)
• Shares sold: 10,000; reported total proceeds: $922,923
• Reported price: $92.29 (weighted average $92.2923); sale prices ranged from $92.0450 to $92.6300 (Footnote F1)
• Shares owned after the transaction: not specified in the provided filing excerpt
• Footnote F1: weighted-average price covers multiple trades; the reporting person will 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
This was an outright sale by a company director. Sales by insiders can be routine (for diversification, liquidity, tax purposes, etc.) and do not by themselves signal a change in company fundamentals. Retail investors should treat this as one data point and consider it alongside other insider activity, company news, and financials.