[Form 4] Metropolitan Bank Holding Corp. Insider Trading Activity

Rhea-AI Filing Summary

Metropolitan Bank Holding Corp. (MCB) insider sale by Executive Vice President Nick Rosenberg on 09/17/2025. Mr. Rosenberg sold a total of 1,250 shares in three blocks—161 at a weighted average of $78.1163, 339 at $78.8821, and 750 at $80.0242—under a Rule 10b5-1 trading arrangement adopted June 6, 2025. After these transactions his reported direct beneficial ownership decreased from prior levels to 28,339 shares. The filing also notes indirect holdings of 250 shares each for three children and the inclusion of restricted stock units that vest on scheduled anniversaries beginning March 1, 2024 through 2026. The Form 4 was signed by an attorney-in-fact on 09/18/2025.

Positive

• Sales executed under a Rule 10b5-1 plan, indicating pre-arranged compliance with insider trading rules
• Restricted stock units remain outstanding with scheduled vesting, preserving future executive equity alignment

Negative

• Executive sold 1,250 shares on 09/17/2025, reducing direct beneficial ownership to 28,339 shares
• Three indirect holdings of 250 shares each remain but overall reported direct stake decreased after the transactions

Insights

Financial Analyst

TL;DR: Insider executed a planned sale of 1,250 MCB shares under a 10b5-1 plan; effect is a modest reduction in direct holdings.

The transactions were sales executed on 09/17/2025 in three tranches for a total of 1,250 shares at weighted average prices between $78.12 and $80.02. The disclosure cites a Rule 10b5-1 plan adopted June 6, 2025, which indicates prearranged trading rather than opportunistic timing. Reported direct holdings decline to 28,339 shares after the sales. The filing also highlights existing restricted stock unit grants that vest over multi-year schedules, preserving future equity alignment.

Corporate Governance Expert

TL;DR: The sale appears procedurally compliant under a 10b5-1 plan and was executed by attorney-in-fact; governance risk is limited.

The Form 4 documents adherence to a Rule 10b5-1 trading arrangement adopted on June 6, 2025 and shows signature by an attorney-in-fact on 09/18/2025, which supports procedural compliance. The filing discloses both direct and indirect ownership and details restricted stock units with multi-year vesting, which maintain executive alignment with shareholders despite the executed sales. No derivative transactions or atypical transfers are reported.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Rosenberg Nick

(Last) (First) (Middle)

99 PARK AVENUE

12TH FLOOR

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Metropolitan Bank Holding Corp. [ MCB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2025		S(1)		161	D	$78.1163(2)	29,428(3)(4)(5)	D
Common Stock	09/17/2025		S(1)		339	D	$78.8821(6)	29,089(3)(4)(5)	D
Common Stock	09/17/2025		S(1)		750	D	$80.0242(7)	28,339(3)(4)(5)	D
Common Stock								250	I	By Child 1
Common Stock								250	I	By Child 2
Common Stock								250	I	By Child 3

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Sale effected pursuant to a Rule 10b5-1 trading arrangement adopted by the Reporting Person on June 6, 2025.

2. The $78.1163 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.5100 to $78.5000, 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.

3. Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024.

4. Includes restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025.

5. Includes restricted stock units granted on March 1, 2025 that vest at a rate of 33.3% per year commencing on March 1, 2026.

6. The $78.8821 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.5300 to $79.5100, 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 6.

7. The $80.0242 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.5400 to $80.4500, 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.

	/s/ Frederik Erikson, Attorney-in-Fact	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions were reported for MCB on 09/17/2025?

Nick Rosenberg, Executive Vice President, reported selling a total of 1,250 shares in three tranches on 09/17/2025 at weighted average prices of $78.1163, $78.8821, and $80.0242.

Were the MCB sales part of a prearranged trading plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading arrangement adopted by the reporting person on June 6, 2025.

How many MCB shares does the reporting person beneficially own after the reported transactions?

After the reported sales the filing shows the reporting person directly beneficially owns 28,339 shares.

Does the filing disclose restricted stock units for the reporting person?

Yes. The filing discloses restricted stock units granted on March 1, 2023, March 1, 2024, and March 1, 2025 that vest at 33.3% per year starting on the stated anniversaries.

Who signed the Form 4 filing for these transactions?

The Form 4 was signed by Frederik Erikson, Attorney-in-Fact on 09/18/2025.