Lu Feiying 4
4 · MetroCity Bankshares, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
MetroCity Bankshares (MCBS) Director Lu Feiying Receives 735-Share Award
What Happened
Lu Feiying, a director of MetroCity Bankshares, was granted 735 restricted shares on June 1, 2026. The award was recorded at $32.66 per share, for a total reported value of $24,005. This transaction is an award/acquisition (not an open-market purchase or sale) representing compensation or board-related equity.
Key Details
- Transaction date: 2026-06-01; Grant type: restricted stock award (Code A).
- Price per share: $32.66; Total reported value: $24,005.
- Shares owned after the transaction: Not disclosed in the filing.
- Vesting: See footnote — 25% vests on the grant date, then 25% annually over a three-year vesting period beginning June 1, 2026.
- Filing: Form 4 was filed on 2026-06-02 (the day after the grant), which is within the normal reporting window.
Context
Restricted stock awards are compensation-related grants that typically vest over time; the initial 25% vesting on the grant date means a portion is immediately owned while the remainder vests annually. Such awards reflect company compensation practices and do not by themselves indicate the insider’s intent to buy or sell additional shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01$32.66/sh+735$24,005→ 168,530 total
Footnotes (1)
- [F1]The restricted stock award vests 25% on the grant date then 25% annually over a three-year vesting period beginning on June 1, 2026.