DeFazio Mark R

MCB CEO Mark DeFazio liquidates entire 43.6K share position ($2.9M) in 4 sales at $65.33–$66.01

President and CEO Mark R DeFazio executed 4 separate sales totaling 43,631 shares for $2,854,697.54, reducing his holdings from 43.6K shares to zero on 2025-06-10. The sales were executed at prices ranging from $65.33 to $66.01 (blended average $65.43), just 3.0% below the 52-week high of $68.06. His prior 5 sales at Metropolitan Bank Holding Corp show a 0% well-timed rate at the 90-day mark, indicating his past sales here have not preceded declines. However, the complete elimination of his ownership stake—a material shift from full holdings to zero—represents a significant change in insider positioning and warrants investor attention regardless of historical timing outcomes.

MCB CEO DeFazio sells 18,421 shares for $1.0M; divests 51.7% of holdings as stock falls 17.4% from 52-week high

Mark R DeFazio, President and CEO of Metropolitan Bank Holding Corp., executed 2 separate sales totaling 18,421 shares for $1,009,093.17 at an average of $54.78 on 2025-03-17, reducing his holdings from 35,605 to 17,184 shares. The divestiture represents a 51.7% reduction of his pre-transaction position during a period of material price weakness: the stock is currently down 17.4% from its 52-week high and has declined 10.2% over the past 30 days. His prior sales at MCB (3 trades in July 2024) followed a pattern of negative 30-day returns (-12.2%, -11.8%, -12.8%) but positive 90-day returns (+1.7%, +5.4%, +4.2%), indicating that subsequent rallies followed those earlier divestments. With annual revenue declining 14.2% year-over-year and a P/E of 12.66 against a market cap of $623.7M, the company faces headwinds that may be informing the CEO's substantial liquidation of his stake at a time when the stock is under pressure.

CEO DeFazio sells 92,038 shares ($5.1M) in 3 transactions at $55.12 avg, reducing stake 42.6%

Mark R DeFazio, President and CEO of Metropolitan Bank Holding Corp., executed 3 separate sales totaling 92,038 shares for $5,072,689.52 on 2024-07-22 and 2024-07-23, at prices ranging from $54.98 to $55.95. This represents a reduction of 42.6% of his pre-transaction holdings, from 216,194 shares to 124,156 shares post-transaction. The sales occurred near the 52-week high of $56.64, with the blended average price of $55.12 representing 3.5% above the current price of $53.26. Given the company's valuation metrics (P/E of 8.72 and 30-day price appreciation of 32.3%), the magnitude and timing of this liquidation warrant attention to whether the CEO perceives a significant inflection point or if the transaction reflects estate/diversification needs unrelated to company outlook.