MetroCity Bankshares Executive Compensation Details
Ticker: MCBS · Form: DEF 14A · Filed: Apr 15, 2025 · CIK: 1747068
| Field | Detail |
|---|---|
| Company | Metrocity Bankshares, Inc. (MCBS) |
| Form Type | DEF 14A |
| Filed Date | Apr 15, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, def-14a, equity-awards
TL;DR
MetroCity Bankshares dropped its 2024 exec comp details - equity awards, fair values, and dividends all laid out.
AI Summary
MetroCity Bankshares, Inc. filed a DEF 14A on April 15, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards granted, their year-end fair value, and any changes in value for both principal executive officers (PEO) and non-PEO/neo members. It also reports dividends or earnings paid on equity awards not otherwise reflected in total compensation.
Why It Matters
This filing provides transparency into how MetroCity Bankshares compensates its top executives, which can influence investor perception and corporate governance.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing disclosing executive compensation, which typically carries low inherent risk.
Key Players & Entities
- MetroCity Bankshares, Inc. (company) — Filer of the DEF 14A
- April 15, 2025 (date) — Filing date of the DEF 14A
- December 31, 2024 (date) — Fiscal year end for compensation reporting
FAQ
What is the total value of equity awards granted to PEO members in 2024?
The filing indicates the year-end fair value of equity awards granted to PEO members in the covered year, but the specific total dollar amount is not provided in this excerpt.
What was the change in fair value of outstanding equity awards for non-PEO/neo members during 2024?
The filing includes data points for 'ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember' for the period 2024-01-01 to 2024-12-31, indicating a change occurred, but the specific value is not detailed in this excerpt.
Are dividends or earnings on equity awards reported separately?
Yes, the filing includes data for 'DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember' for both PEO and non-PEO/neo members for the fiscal year 2024.
What is the fiscal year end for MetroCity Bankshares?
The fiscal year end for MetroCity Bankshares, Inc. is December 31.
What is the SIC code for MetroCity Bankshares, Inc.?
The Standard Industrial Classification (SIC) code for MetroCity Bankshares, Inc. is 6022, which corresponds to STATE COMMERCIAL BANKS.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 15, 2025 regarding MetroCity Bankshares, Inc. (MCBS).