MetroCity Bankshares, Inc. (0001747068) Submits SEC Filing 144 – Discover the Latest Update
MetroCity Bankshares, Inc. recently filed Form 144 with the Securities and Exchange Commission (SEC), indicating the intention to sell restricted stock. Form 144 is typically filed by company insiders or affiliates looking to sell their shares in the open market. This filing is significant as it provides transparency to investors about potential insider selling activities, which can sometimes impact stock prices.
MetroCity Bankshares, Inc. is a financial holding company that owns Metro City Bank, a community bank based in Georgia. The bank offers a range of financial services, including personal and business banking, loans, and mortgages. With a focus on serving the Asian-American community, Metro City Bank has grown to become a trusted financial institution known for its personalized service and commitment to customer satisfaction. For more information about MetroCity Bankshares, Inc., you can visit their website here.
Form 144, filed by MetroCity Bankshares, Inc., is a notice of proposed sale of securities filed by individuals or entities closely associated with the company. This form is required to be filed with the SEC when insiders plan to sell restricted stock, typically acquired through employee stock option plans or investment activities. By disclosing these transactions, Form 144 helps maintain transparency and integrity in the financial markets.
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MetroCity Bankshares, Inc. Submits Form 144 Filing: What You Need to Know