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STOCK TITAN

[Form 3] METROCITY BANKSHARES INC Initial Statement of Beneficial Ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3
Rhea-AI Filing Summary

MetroCity Bankshares (MCBS) filed a Form 3 reporting the initial beneficial ownership of securities for David S. Shim, who has joined as a Director of the company. The filing date is June 28, 2025, with the event date being June 18, 2025.

Key ownership details:

  • Direct ownership of 105,847 shares of common stock
  • No derivative securities (options, warrants, etc.) reported
  • Filing submitted individually, not as part of a group

The Form 3 was signed by Lucas Stewart as attorney in fact for David S. Shim. This initial disclosure is required under Section 16(a) of the Securities Exchange Act of 1934 for new company insiders. The filing establishes Mr. Shim's baseline ownership position as he assumes his director role.

MetroCity Bankshares (MCBS) ha presentato un Modulo 3 per segnalare la proprietà iniziale di titoli a nome di David S. Shim, che è entrato a far parte della società come Direttore. La data di presentazione è il 28 giugno 2025, mentre la data dell'evento è il 18 giugno 2025.

Dettagli principali sulla proprietà:

  • Proprietà diretta di 105.847 azioni ordinarie
  • Nessun titolo derivato (opzioni, warrant, ecc.) segnalato
  • La presentazione è stata effettuata individualmente, non come parte di un gruppo

Il Modulo 3 è stato firmato da Lucas Stewart in qualità di procuratore per David S. Shim. Questa dichiarazione iniziale è richiesta ai sensi della Sezione 16(a) del Securities Exchange Act del 1934 per i nuovi dirigenti aziendali. La presentazione stabilisce la posizione di base di proprietà del Sig. Shim nel momento in cui assume il ruolo di direttore.

MetroCity Bankshares (MCBS) presentó un Formulario 3 para reportar la propiedad inicial de valores de David S. Shim, quien se ha incorporado como Director de la compañía. La fecha de presentación es el 28 de junio de 2025, y la fecha del evento es el 18 de junio de 2025.

Detalles clave sobre la propiedad:

  • Propiedad directa de 105,847 acciones comunes
  • No se reportaron valores derivados (opciones, warrants, etc.)
  • La presentación se realizó de forma individual, no como parte de un grupo

El Formulario 3 fue firmado por Lucas Stewart como apoderado de David S. Shim. Esta divulgación inicial es requerida bajo la Sección 16(a) de la Ley de Bolsa de Valores de 1934 para nuevos directivos de la empresa. La presentación establece la posición base de propiedad del Sr. Shim al asumir su rol de director.

MetroCity Bankshares(MCBS)ëŠ� David S. Shimì� 회사 ì´ì‚¬ë¡� í•©ë¥˜í•¨ì— ë”°ë¼ ì¦ê¶Œì� 초기 실질 ì†Œìœ ê¶Œì„ ë³´ê³ í•˜ëŠ” Form 3ë¥� 제출했습니다. 제출ì¼ì€ 2025ë…� 6ì›� 28ì¼ì´ë©�, 사건ì¼ì€ 2025ë…� 6ì›� 18ì¼ìž…니다.

주요 소유� 내용:

  • ì§ì ‘ 소유 105,847ì£� 보통ì£�
  • íŒŒìƒ ì¦ê¶Œ(옵션, 워런íŠ� ë“�) ë³´ê³  ì—†ìŒ
  • 개별ì ìœ¼ë¡� 제출ë˜ì—ˆìœ¼ë©° 그룹ì� ì¼ë¶€ë¡� 제출ë˜ì§€ 않ìŒ

Form 3ëŠ� David S. Shimì� 위한 대리ì¸ì� Lucas Stewartê°€ 서명했습니다. ì� 초기 공개ëŠ� 1934ë…� ì¦ê¶Œê±°ëž˜ë²� ì �16(a)ì¡°ì— ë”°ë¼ ì‹ ê·œ 회사 ë‚´ë¶€ìžì—ê²� 요구ë©ë‹ˆë‹�. ì� ì œì¶œì€ Shim 씨가 ì´ì‚¬ ì—­í• ì� 맡으면서 ê·¸ì˜ ê¸°ë³¸ 소유ê¶� 위치ë¥� 확립합니ë‹�.

MetroCity Bankshares (MCBS) a déposé un formulaire 3 déclarant la propriété bénéficiaire initiale des titres pour David S. Shim, qui a rejoint la société en tant que directeur. La date de dépôt est le 28 juin 2025, avec la date de l'événement le 18 juin 2025.

Détails clés de la propriété :

  • Propriété directe de 105 847 actions ordinaires
  • Aucun titre dérivé (options, bons de souscription, etc.) déclaré
  • Dépôt effectué individuellement, non en groupe

Le formulaire 3 a été signé par Lucas Stewart en tant que mandataire de David S. Shim. Cette divulgation initiale est requise en vertu de la section 16(a) du Securities Exchange Act de 1934 pour les nouveaux initiés de l'entreprise. Le dépôt établit la position de base de M. Shim en matière de propriété alors qu'il assume son rôle de directeur.

MetroCity Bankshares (MCBS) hat ein Formular 3 eingereicht, das den anfänglichen wirtschaftlichen Eigentumserwerb von Wertpapieren für David S. Shim meldet, der als Direktor des Unternehmens beigetreten ist. Das Einreichungsdatum ist der 28. Juni 2025, das Ereignisdatum der 18. Juni 2025.

Wichtige Eigentumsdetails:

  • Direktes Eigentum an 105.847 Stammaktien
  • Keine derivativen Wertpapiere (Optionen, Warrants usw.) gemeldet
  • Einreichung erfolgte einzeln, nicht als Teil einer Gruppe

Das Formular 3 wurde von Lucas Stewart als Bevollmächtigter für David S. Shim unterzeichnet. Diese Erstmeldung ist gemäß Abschnitt 16(a) des Securities Exchange Act von 1934 für neue Insider des Unternehmens erforderlich. Die Einreichung legt die Ausgangsbesitzposition von Herrn Shim fest, während er seine Rolle als Direktor übernimmt.

Positive
  • None.
Negative
  • None.

MetroCity Bankshares (MCBS) ha presentato un Modulo 3 per segnalare la proprietà iniziale di titoli a nome di David S. Shim, che è entrato a far parte della società come Direttore. La data di presentazione è il 28 giugno 2025, mentre la data dell'evento è il 18 giugno 2025.

Dettagli principali sulla proprietà:

  • Proprietà diretta di 105.847 azioni ordinarie
  • Nessun titolo derivato (opzioni, warrant, ecc.) segnalato
  • La presentazione è stata effettuata individualmente, non come parte di un gruppo

Il Modulo 3 è stato firmato da Lucas Stewart in qualità di procuratore per David S. Shim. Questa dichiarazione iniziale è richiesta ai sensi della Sezione 16(a) del Securities Exchange Act del 1934 per i nuovi dirigenti aziendali. La presentazione stabilisce la posizione di base di proprietà del Sig. Shim nel momento in cui assume il ruolo di direttore.

MetroCity Bankshares (MCBS) presentó un Formulario 3 para reportar la propiedad inicial de valores de David S. Shim, quien se ha incorporado como Director de la compañía. La fecha de presentación es el 28 de junio de 2025, y la fecha del evento es el 18 de junio de 2025.

Detalles clave sobre la propiedad:

  • Propiedad directa de 105,847 acciones comunes
  • No se reportaron valores derivados (opciones, warrants, etc.)
  • La presentación se realizó de forma individual, no como parte de un grupo

El Formulario 3 fue firmado por Lucas Stewart como apoderado de David S. Shim. Esta divulgación inicial es requerida bajo la Sección 16(a) de la Ley de Bolsa de Valores de 1934 para nuevos directivos de la empresa. La presentación establece la posición base de propiedad del Sr. Shim al asumir su rol de director.

MetroCity Bankshares(MCBS)ëŠ� David S. Shimì� 회사 ì´ì‚¬ë¡� í•©ë¥˜í•¨ì— ë”°ë¼ ì¦ê¶Œì� 초기 실질 ì†Œìœ ê¶Œì„ ë³´ê³ í•˜ëŠ” Form 3ë¥� 제출했습니다. 제출ì¼ì€ 2025ë…� 6ì›� 28ì¼ì´ë©�, 사건ì¼ì€ 2025ë…� 6ì›� 18ì¼ìž…니다.

주요 소유� 내용:

  • ì§ì ‘ 소유 105,847ì£� 보통ì£�
  • íŒŒìƒ ì¦ê¶Œ(옵션, 워런íŠ� ë“�) ë³´ê³  ì—†ìŒ
  • 개별ì ìœ¼ë¡� 제출ë˜ì—ˆìœ¼ë©° 그룹ì� ì¼ë¶€ë¡� 제출ë˜ì§€ 않ìŒ

Form 3ëŠ� David S. Shimì� 위한 대리ì¸ì� Lucas Stewartê°€ 서명했습니다. ì� 초기 공개ëŠ� 1934ë…� ì¦ê¶Œê±°ëž˜ë²� ì �16(a)ì¡°ì— ë”°ë¼ ì‹ ê·œ 회사 ë‚´ë¶€ìžì—ê²� 요구ë©ë‹ˆë‹�. ì� ì œì¶œì€ Shim 씨가 ì´ì‚¬ ì—­í• ì� 맡으면서 ê·¸ì˜ ê¸°ë³¸ 소유ê¶� 위치ë¥� 확립합니ë‹�.

MetroCity Bankshares (MCBS) a déposé un formulaire 3 déclarant la propriété bénéficiaire initiale des titres pour David S. Shim, qui a rejoint la société en tant que directeur. La date de dépôt est le 28 juin 2025, avec la date de l'événement le 18 juin 2025.

Détails clés de la propriété :

  • Propriété directe de 105 847 actions ordinaires
  • Aucun titre dérivé (options, bons de souscription, etc.) déclaré
  • Dépôt effectué individuellement, non en groupe

Le formulaire 3 a été signé par Lucas Stewart en tant que mandataire de David S. Shim. Cette divulgation initiale est requise en vertu de la section 16(a) du Securities Exchange Act de 1934 pour les nouveaux initiés de l'entreprise. Le dépôt établit la position de base de M. Shim en matière de propriété alors qu'il assume son rôle de directeur.

MetroCity Bankshares (MCBS) hat ein Formular 3 eingereicht, das den anfänglichen wirtschaftlichen Eigentumserwerb von Wertpapieren für David S. Shim meldet, der als Direktor des Unternehmens beigetreten ist. Das Einreichungsdatum ist der 28. Juni 2025, das Ereignisdatum der 18. Juni 2025.

Wichtige Eigentumsdetails:

  • Direktes Eigentum an 105.847 Stammaktien
  • Keine derivativen Wertpapiere (Optionen, Warrants usw.) gemeldet
  • Einreichung erfolgte einzeln, nicht als Teil einer Gruppe

Das Formular 3 wurde von Lucas Stewart als Bevollmächtigter für David S. Shim unterzeichnet. Diese Erstmeldung ist gemäß Abschnitt 16(a) des Securities Exchange Act von 1934 für neue Insider des Unternehmens erforderlich. Die Einreichung legt die Ausgangsbesitzposition von Herrn Shim fest, während er seine Rolle als Direktor übernimmt.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Shim David S.

(Last) (First) (Middle)
C/O METROCITY BANKSHARES, INC.
5114 BUFORD HIGHWAY

(Street)
DORAVILLE GA 30340

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/18/2025
3. Issuer Name and Ticker or Trading Symbol
MetroCity Bankshares, Inc. [ MCBS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 105,847 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Lucas Stewart, attorney in fact 06/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of MCBS stock does David S. Shim own directly?

According to the Form 3 filing dated June 28, 2025, David S. Shim directly owns 105,847 shares of MCBS common stock.

What position does David S. Shim hold at MetroCity Bankshares (MCBS)?

According to the Form 3 filing, David S. Shim serves as a Director of MetroCity Bankshares, Inc. (MCBS), as indicated by the 'X' marked in the Director box under Section 4 of the form.

Does David Shim own any derivative securities of MCBS?

No, according to Table II of the Form 3 filing, David S. Shim does not own any derivative securities (such as options, warrants, or convertible securities) of MetroCity Bankshares (MCBS).

When was David Shim's initial beneficial ownership filing (Form 3) submitted for MCBS?

The Form 3 initial statement of beneficial ownership was filed on June 28, 2025, with the event requiring the statement occurring on June 18, 2025.

Is David Shim a 10% owner of MetroCity Bankshares (MCBS)?

No, the Form 3 filing shows that David S. Shim is not a 10% owner of MCBS, as the '10% Owner' box is not checked in Section 4 of the form.
Metrocity Bankshares Inc

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Banks - Regional
State Commercial Banks
United States
DORAVILLE