Paek John 4

What Happened John Paek, a director of MetroCity Bankshares, received a restricted stock award of 735 shares on June 1, 2026. The award is recorded at a per-share value of $32.66, for a total value of approximately $24,005. This filing reflects an award/acquisition (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely).
• Shares awarded: 735; price/value per share: $32.66; total value: ~$24,005.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Restricted stock award vests 25% on the grant date, then 25% annually over the next three years beginning June 1, 2026.
• Transaction type: A = Award/Grant (compensation-related).

Context Restricted stock awards are typically part of director or executive compensation and are not the same as a purchase from the open market. The vesting schedule means Paek will gain full ownership gradually (25% immediately, then equal annual installments), which can encourage retention but does not by itself indicate a personal cash investment or market sentiment.