Shim Sam Sang-Koo

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).