Dougherty Daniel F 4

What Happened
Daniel F. Dougherty, Chief Financial Officer of Metropolitan Bank Holding Corp. (MCB), acquired 1,000 shares on March 10, 2026 in an open-market purchase at $79.95 per share, for a total transaction value of $79,950. This was a straight purchase (transaction code P), which is typically viewed as a neutral-to-bullish signal compared with routine insider sales.

Key Details

• Transaction date: 2026-03-10 (reported on Form 4 filed 2026-03-11).
• Price: $79.95 per share; total cost $79,950.
• Transaction type: Open-market purchase (code P).
• Shares owned after transaction: Not specified in the provided filing extract.
• Filing timeliness: Reported the next day (filed 2026-03-11 for the 2026-03-10 transaction), which is timely under Form 4 rules.
• Footnotes from filing:
  • F1: Includes restricted stock units (RSUs) granted 3/1/2024 vesting 33.3%/yr starting 3/1/2025.
  • F2: Includes RSUs granted 3/1/2025 vesting 33.3%/yr starting 3/1/2026.
  • F3: Includes RSUs granted 3/2/2026 vesting 33.3%/yr starting 3/2/2027.

Context

• This was a purchase by a corporate officer (CFO). Purchases by executives can be of interest to investors as they increase the insider's exposure to the company, though motivations vary.
• The footnotes relate to existing and newly granted RSUs with multi-year vesting schedules and are separate from this open-market purchase.