Patel Ajit A. 4

What Happened
Ajit A. Patel, a director of MetroCity Bankshares, received a restricted stock award of 735 shares on June 1, 2026. The shares were valued at $32.66 each, for a total reported value of $24,005. The transaction is coded as an award/acquisition (A), not an open-market purchase or sale.

Key Details

• Transaction date and price: June 1, 2026 — 735 shares at $32.66 per share (total $24,005).
• Transaction type: Award / grant of restricted stock (SEC Form 4 code A).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting footnote: 25% of the award vested on the grant date; the remaining 75% vests 25% annually over the next three years beginning June 1, 2026.
• Filing date: Form 4 filed June 2, 2026 (covers the June 1 transaction), which appears timely under the typical 2-business-day reporting rule.

Context
Restricted stock awards are typically compensation or retention grants and differ from open-market buys or sales; they do not by themselves indicate a director is buying or selling shares for investment reasons. This filing documents an issuance of equity to a director with a multi-year vesting schedule.