Leung Don 4

What Happened
Don Leung, a director of MetroCity Bankshares, was granted 735 restricted shares on June 1, 2026. The grant price was $32.66 per share, giving an aggregate value of approximately $24,005. This filing reports an award/acquisition (code A), which is an equity grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely; Form 4s are due within two business days).
• Grant: 735 restricted shares at $32.66 per share; total value ≈ $24,005.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Transaction code: A (award/grant).
• Footnote (F1): The restricted stock vests 25% on the grant date, then 25% annually over a three-year vesting period beginning June 1, 2026 (i.e., initial vesting ≈184 shares, with remaining vesting annually thereafter).

Context
Restricted stock awards are a form of compensation and typically indicate the company awarding equity to align the director’s interests with shareholders; they are not the same as an open-market purchase and do not by themselves signal buying or selling intent. No tax-withholding or sale-related details were provided in the excerpt.