MetroCity Bankshares, Inc.·4

Jun 2, 2:49 PM ET

Lu Feiying 4

Research Summary

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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.