Director Sells Nearly $1M in Company Stock Near 52-Week High
MCB sits 49% above its 52-week low of $63.81.
Summary
Director Robert C. Patent sold 10,000 shares of Metropolitan Bank Holding Corp. common stock for $964,077 in an open market transaction, reducing his direct holdings.
Key Events · Ownership and Investor Activity · MCB
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Director Sells Shares
Director Robert C. Patent disposed of 10,000 shares of common stock in an open market sale on June 12, 2026.
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Significant Transaction Value
The sale generated $964,077, representing a notable transaction for a director.
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Stock Trading Near 52-Week High
The sale occurred while the company's stock is trading near its 52-week high of $97.84, potentially indicating a move to realize gains.
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Reduced Holdings
Following the transaction, Mr. Patent's direct holdings decreased to 86,185 shares.
Analysis · MCB · Finance
Director Robert C. Patent sold a substantial amount of company stock, totaling nearly $1 million. This transaction, occurring while the stock is trading near its 52-week high, suggests the director is realizing gains. While not a C-suite executive, a director's sale of this magnitude is a notable event for investors, adding to a recent pattern of insider distribution.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1498 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MCB was trading at $94.76 on NYSE in the Finance sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $63.81 to $97.84. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.