Scott Lublin - 20 Jun 2025 Form 4 Insider Report for Metropolitan Bank Holding Corp. (MCB)

Signature
/s/ Zachary Levine, Attorney-in-Fact
Issuer symbol
MCB
Transactions as of
20 Jun 2025
Net transactions value
-$325,125
Form type
4
Filing time
24 Jun 2025, 17:01:40 UTC
Previous filing
19 Mar 2025
Next filing
23 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lublin Scott EVP and Chief Lending Officer 99 PARK AVENUE, NEW YORK /s/ Zachary Levine, Attorney-in-Fact 24 Jun 2025 0001742369

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCB Common Stock Sale $322,237 -4,956 -8.8% $65.02 51,223 20 Jun 2025 Direct F1, F2, F3, F4, F5, F6
transaction MCB Common Stock Sale $2,888 -44 -0.09% $65.65 51,179 20 Jun 2025 Direct F1, F3, F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale effected pursuant to a Rule 10b5-1 trading arrangement adopted by the Reporting Person on March 18, 2025.
F2 The $65.0195 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.5200 to $65.4952, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 2.
F3 Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024.
F4 Includes restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025.
F5 Includes restricted stock units granted on March 1, 2025 that vest at a rate of 33.3% per year commencing on March 1, 2026.
F6 Includes restricted stock units granted on May 30, 2024, subject to certain performance criteria, that vest at a rate of 33.3% per year commencing on June 1, 2025. The remaining restricted stock units of this award will vest 1/3 on each of February 28, 2026 and 2027.
F7 The $65.6453 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.5899 to $65.7378, inclusive. The Reporting Person undertakes to provide to Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 7.