DeFazio Mark R 4

What Happened
Mark R. DeFazio, President, CEO and a Director of Metropolitan Bank Holding Corp. (MCB), purchased 5,882 shares of the company's common stock in a firm-commitment public offering. The shares were bought at the public offering price of $85.00 per share for a total cost of $499,970. The purchase was made in connection with an underwriting agreement; the Offering closed on February 27, 2026.

Key Details

• Transaction date (period of report): February 25, 2026; Form 4 filed February 27, 2026 (timely filing).
• Price: $85.00 per share; Total value: $499,970.
• Shares acquired: 5,882 (purchase in the underwritten public offering).
• Shares owned after transaction: Not specified in the filing.
• Footnote highlights:
  • F1: Purchase made under the underwriting agreement for the public offering that closed Feb 27, 2026.
  • F2–F5: Reporting person’s beneficial ownership calculation includes restricted stock units (RSUs) from grants on Mar 1, 2023; Mar 1, 2024; Mar 1, 2025; and May 30, 2024 with various vesting schedules.
• No indication this was a sale, gift, or option exercise.

Context
This was a direct purchase in the company’s public offering (buying at the offering price), which is a straightforward acquisition rather than a market open-market buy or an option exercise. Purchases by executives are often watched by investors as a sign of insider buying, but filings are factual and do not state motives.