MCBS MetroCity Bankshares, Inc. Insider Trading

President Tan Farid sells 21,000 shares of MCBS in 3 transactions for $710,050.00 (blended avg $33.81)

Tan Farid, President of MetroCity Bankshares, executed three separate sales totaling 21,000 shares for $710,050.00 on 2024-11-06 at prices ranging from $33.33 to $34.55. This represents a 2.2% reduction in his holdings, leaving him with 923,888 shares post-transaction. The sale occurred near the stock's 52-week high of $34.60 and follows a strong 30-day gain of 13.9% and 90-day gain of 22.3%, placing the stock at -4.2% from its peak. The company's valuation metrics (P/E of 15.41, market cap of $839,246,377.08) suggest a relatively modest multiple against net income of $16,937,000.00. The magnitude and timing of the sale relative to recent price momentum warrant monitoring to determine whether subsequent share price behavior reveals anything about management's forward outlook.

Director Sam Sang-Koo Shim sells 46.2K MCBS shares at $27.90; retains 538.0K shares post-transaction.

Director Sam Sang-Koo Shim sold 46,200 shares of MetroCity Bankshares at $27.90 on 2024-08-22, reducing his holdings from 584,161 shares to 537,961 shares. This is the third sell by this insider within three trading days (following sales on 2024-08-20 and 2024-08-19), though the sale price is $27.90, below the current price of $29.67 and the 52-week high of $32.10. At the same-ticker level, this insider's prior buy on 2024-04-29 delivered a 90-day return of +33.8%, though measurable outcomes from more recent same-ticker trades remain incomplete. The insider retains a substantial position of 538.0K shares post-transaction, indicating continued material ownership in the company.

MCBS Director Shim sold 37,242 shares at $28.00 for $1,042,776; holds 584,161 post-sale amid 10.4% 30-day decline.

Director Shim Sang-Koo executed 2 separate sales totaling 37,242 shares for $1,042,776.00 on August 19–20, 2024, reducing his stake by 6.0% to 584,161 shares. The sales occurred at $28.00, while the stock has since declined 10.4% over 30 days and currently trades at $27.79 (-13.4% from the 52-week high). Shim's cross-ticker track record shows strong historical execution (4 prior buys with 100% 90-day win rate, avg 90d return +31.4%), and his prior trades at MCBS itself were well-timed at the 90-day mark (buys on 2024-04-26 and 2024-04-29 yielded +29.1% and +33.8% respectively). Against this backdrop of demonstrated timing skill and a recent buys-only pattern at this ticker, this sale is noteworthy; however, the stock's recent weakness and the magnitude of the sale (materially reducing holdings) merit investor attention without overstating the signal given the stock's modest valuation (P/E 12.93).

CEO Paek Nack Y sells 50,000 MCBS shares at avg $30.82 for $1.5M; stock up 32.8% in 90 days

CEO Paek Nack Y executed two separate sales totaling 50,000 shares ($1,540,891.21) on July 24–25, 2024, at a blended average price of $30.82, reducing holdings from 1,336,200 to 1,286,200 shares (-3.7%). The timing context is notable: the stock has risen 32.8% over the 90 days and 27.8% over the 30 days prior to the sale, trading near its 52-week high of $31.97. Against his prior sales at MetroCity Bankshares—completed on 2023-11-13 and 2023-11-14, which each saw 90-day gains of 17.7–18.8%—this sale again followed strong momentum. The CEO retains 1,286,200 shares, indicating a substantial ongoing position. Company fundamentals show net income of $14,631,000.00 and a P/E of 15.98.

MCBS director Leung Don sells 83,217 shares across two days (07-22, 07-23) for $2,587,349.61; holds 848.2K shares post-transaction

Leung Don executed two separate sales totaling 83,217 shares for $2,587,349.61 over consecutive trading days at prices of $31.02 and $31.11, reducing his holdings by 8.9%. The blended average price of $31.09 sits just 2.0% below the 52-week high of $31.12, placing the sales near the upper end of recent trading range. The stock has appreciated 22.1% over the prior 30 days and 27.8% over 90 days, suggesting the sales occurred during a strong momentum period. No prior timing outcome data yet exists for his two most recent same-ticker sales (2024-07-16 and 2024-07-17), making it premature to characterize execution quality at this specific ticker; however, cross-ticker historical record shows only 2 prior open-market sells with measurable outcomes. At current price of $30.49, the executed sales remain profitable relative to today's level, and the director retains a substantial 848.2K-share position in the company.

Director Leung Don sold 123,734 shares of MCBS at $28.56–$28.59 (avg. $28.58) for $3.5M; retains 931,467 shares post-sale.

Director Leung Don executed 2 separate sales totaling 123,734 shares for $3,535,892.67 across July 16–17, 2024, at a blended average price of $28.58, which matches the current price of $28.72 and the 52-week high. The sale reduced his holdings by 11.7% from 1,055,201 shares to 931,467 shares. The transaction occurred during a period of significant stock appreciation: the stock is up 15.5% over 30 days and 21.1% over 90 days, both measured from the current price point. With a P/E of 14.36 and market cap of $723,902,132.32, MCBS trades at a relatively modest multiple for a profitable institution generating $14,631,000.00 in net income. The sale's scale (representing approximately 12% of pre-transaction holdings) and execution near the 52-week high merit monitoring for any pattern of director liquidation, though the retention of a substantial 931,467-share position indicates the director maintains meaningful ownership alignment.